What document gives licensees the right to be compensated for working with buyers?

The Exclusive Buyer Brokerage Agreement is the correct document that specifically grants licensees the right to be compensated for their services in representing buyers. This contract establishes a professional relationship between the real estate agent and the buyer, which includes an understanding of the agent's role, duties, and the compensation structure for the work performed.

When a buyer signs this agreement, they agree to work exclusively with the broker for a specified period, which means the broker is entitled to a commission if the buyer purchases property during that time frame. This agreement is distinct because it emphasizes the commitment between the buyer and the agent, clarifying that the agent will act in the best interest of the buyer, who is typically defined as the client.

Other documents, such as the Exclusive Listing Agreement, Sales Contract, and Buyer Information Form, address different aspects of real estate transactions but do not provide the same framework for ensuring that agents are compensated for their services to buyers. The Exclusive Listing Agreement pertains to the seller's representation, while the Sales Contract deals with the terms and conditions of a specific transaction. The Buyer Information Form primarily serves as an informational tool rather than outlining a contractual relationship or compensation structure.