What is one of the buyer's responsibilities in a Maryland exclusive buyer agency agreement?

In an exclusive buyer agency agreement in Maryland, one of the primary responsibilities of the buyer is to work exclusively with the broker during the term of the agreement. This means that the buyer agrees to utilize the services of the designated broker for all real estate transactions, ensuring a dedicated focus on their specific needs and objectives in finding a property.

This exclusivity is designed to create a more committed relationship between the buyer and the broker, allowing the broker to provide tailored services and advice without competing interests. It also establishes clear expectations for both parties regarding representation, enhancing the overall effectiveness of the search for suitable properties.

The other choices do not accurately reflect the responsibilities outlined in an exclusive buyer agency agreement. For example, attending open houses is not typically mandated in a buyer agency agreement, nor is there a requirement to reject dual agency within a specific time frame. Additionally, there is no obligation for the buyer to make an offer on the first property presented by the agent, as the decision to make an offer is ultimately at the buyer's discretion.