ExactCircle

C.A.R. BRBC

Buyer Representation and Broker Compensation Agreement

Published by California Association of REALTORS®

Maximum term

90 days

Cannot run longer than 90 days, unless the agreement is between a broker and a corporation, limited liability company, or partnership. Renewal comes around roughly four times a year on an individual buyer.

The C.A.R. form that defines the buyer and broker relationship in writing: scope of representation, whether it is exclusive, how long it lasts, how the broker is compensated, and how either side cancels.

Since AB 2992 took effect on January 1, 2025, a buyer's broker needs a written representation agreement in order to be compensated in a sale of real property. It has to be signed as soon as practicable, and no later than the moment the buyer's offer is executed.

The revised form is dated 12/24.

Use it when

  • You are representing a buyer in a purchase and expect to be paid
  • The relationship goes beyond a handful of identified properties
  • The transaction is a sale, including commercial property

Not for

  • Leases and rental agreements, which AB 2992 does not reach
  • State and federal land, or loan brokerage services
  • A single tour by a buyer unwilling to commit. Use the PSRA.

Tracking it

A 90 days clock is short enough to run out while a buyer is still deciding, and nothing on the form tells you when it does. ExactCircle stores the signed PDF, tracks the end date, and emails you 7 days out, 3 days out, and on the day. See the California page, or read the guide on how this form works.

Related forms

Common questions

How long can a BRBC run?
No more than 90 days, unless the client is a corporation, LLC, or partnership. That makes renewal a recurring compliance event rather than a one-off.
When does it have to be signed?
As soon as practicable, and no later than the execution of the buyer's offer to purchase.

This is a plain-language summary, not legal advice. Rules change and local association forms vary. Check with your broker or attorney before you rely on any of it.

Sources

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