Oregon Buyer Broker Agreement — Free Template with the HB 4058 Required Clauses

State where you work

Agreement type (Texas)

Buyer Brokerage Agreement

Parties and date

This Buyer Brokerage Agreement (“Agreement”) is entered into on [date] by and between [brokerage firm legal name] (“Broker”), license no. [firm license number], acting through [agent name], license no. [agent license number], and [buyer full legal name(s)] (“Buyer”).

Oregon requires the licensee’s license number and the name and telephone number of a supervising principal broker: [supervising principal broker name], tel. [phone]. Source: Or. HB 4058 (eff. 2025-01-01), verified 2026-09-25.

Term

This Agreement begins on and ends on .

Any renewal of this Agreement must be written, signed by all parties, and limited to 90 days or fewer. Source: Cal. Civ. Code §1670.50(d), verified 2026-09-25.

This Agreement terminates on the end date above. A termination date is a required element. Source: Tex. Occ. Code §1101.563, verified 2026-09-25.

This is a limited showing agreement. It is non-exclusive and cannot exceed 14 days. Source: Tex. Occ. Code §1101.562, verified 2026-09-25.

Buyer acknowledges the term of this Agreement complies with RCW 18.86.020 (a term shorter than 60 days is not permitted when the broker represents the buyer). Source: RCW 18.86.020 (SB 5191, eff. 2024-01-01), verified 2026-09-25.

Brokerage services

During the term, Broker will: (a) help Buyer identify properties matching Buyer’s stated needs; (b) arrange and conduct showings; (c) prepare and present offers and counteroffers; (d) negotiate terms on Buyer’s behalf; and (e) coordinate the transaction through closing.

Buyer’s general search criteria: price range $[min] to $[max]; areas: [cities, counties or neighborhoods]. Buyer’s agent owes the legal obligations described in ORS 696.810, as covered in the initial agency disclosure pamphlet delivered under ORS 696.820. Search criteria, the ORS 696.810 description and the agency pamphlet are required content. Source: Or. HB 4058; ORS 696.820, verified 2026-09-25.

Exclusivity

This Agreement is .

Whether the agreement is exclusive or non-exclusive is a required element in Texas (Occ. Code §1101.563), Oregon (HB 4058) and Washington (RCW 18.86.020, where the buyer chooses), and the parties’ choice is stated here. Verified 2026-09-25.

This Agreement is non-exclusive by law. Source: Tex. Occ. Code §1101.562, verified 2026-09-25.

Representation

Broker represents Buyer as Buyer’s agent under this Agreement.

A statement of whether the license holder represents the buyer is a required element. Source: Tex. Occ. Code §1101.563, verified 2026-09-25.

No representation

License holder does not represent Buyer. This Agreement only authorizes License holder to show residential real property to Buyer; it does not create an agency relationship or fiduciary duties.

Showing without representation under Tex. Occ. Code §1101.562, verified 2026-09-25.

Limited dual agency consent

Buyer consent to Broker and the supervising broker acting as limited dual agents in the sale of a property listed by Buyer Broker. Buyer’s initials:

Buyer consent to the designated broker and any managing broker supervising both sides acting as limited dual agents where different brokers affiliated with the same firm represent different parties. Buyer’s initials:

Both consents, initialed by the represented party, are required elements. Source: RCW 18.86.020, verified 2026-09-25.

Compensation

Buyer agrees that Broker’s compensation for the services described will be [amount or rate, e.g. 2.5%] of the , determined as follows: [how the amount or rate is determined], payable at [e.g. closing of escrow], by .

Broker show Buyer properties when there is no agreement or offer by a third party to pay Broker’s compensation. Buyer consents to compensation sharing between firms and parties and to Broker being compensated by more than one party. Required elements. Source: RCW 18.86.020, verified 2026-09-25.

Paraphrase — Tex. Occ. Code §1101.563 requires a conspicuous statement that broker compensation is negotiable and not set by law (statutory wording not verified verbatim). Verified 2026-09-25.

Paraphrase — NAR MLS Policy Statement 8.13 (private rule, reformulated). Verified 2026-09-25.

Termination

Either party may terminate this Agreement before the end of the term as stated here: [e.g. either party may terminate at any time with written notice].

Termination rights provisions for both buyer and licensee are required content. Source: Or. HB 4058, verified 2026-09-25.

Signatures

The parties acknowledge that this Agreement contains the compensation, services, due date and termination date required by Civ. Code §1670.50, and that the statutory compensation notice appears above in bold, immediately before the compensation provision, as required by Bus. & Prof. Code §10147.5.

Buyer — signature / date Buyer — signature / date

Broker (for [brokerage firm name]) — signature / date Agent — signature / date

US Letter · the signed agreement belongs in the transaction file — MLSs can audit it

Frequently asked questions

When is a written representation agreement required in Oregon?

Anytime a licensee is representing a buyer, under House Bill 4058, signed by the Governor on March 7, 2024 and effective January 1, 2025. Oregon adopted its requirement before the NAR settlement terms took effect nationally on August 17, 2024. The Oregon REALTORS association forms were updated on January 1, 2025 to comply.

What must an Oregon buyer representation agreement include?

HB 4058 requires: the licensee’s license number; the name and telephone number of a principal broker responsible for supervision; the term with effective and expiration dates; the description of a buyer’s agent legal obligations under ORS 696.810 or a reference to the agency disclosure pamphlet delivered under ORS 696.820; the buyer’s general search criteria; termination rights for both buyer and licensee; and whether the agreement is exclusive or nonexclusive.

How long can an Oregon buyer representation agreement last?

No more than 24 months without being actively renewed by the licensee and the buyer, under HB 4058. The term must show an effective date and an expiration date. This page warns you live if the dates you enter exceed the 24-month cap, so an accidentally long term never reaches your client’s file.

Why does the Oregon agreement ask for the buyer’s search criteria?

Because HB 4058 makes them required content. The statute describes them as the buyer’s general search criteria, which may include the price range of the desired property and its location. Stating them in the agreement sets expectations about what the agent is engaged to find and helps define the scope of the representation.

Is this Oregon template free, and is my data stored?

Yes. The template is free with no account, no credit card and no watermark, and nothing you type is stored or sent anywhere — reloading the page clears everything. Statutory content is reproduced where Oregon law fixes it, and every clause carries its source and verification date. It is not legal advice; review it with your principal broker or an Oregon attorney.

Working in one state? Use the dedicated pages — California buyer broker agreement · Texas buyer broker agreement · Oregon buyer broker agreement · Washington buyer broker agreement — and the reference table of buyer broker agreement requirements by state.