What is the primary difference between a Georgia exclusive and non-exclusive buyer's agreement?

The correct choice focuses on the key distinction between Georgia's exclusive and non-exclusive buyer's agreements. An exclusive buyer's agreement means that the buyer commits to working with one specific broker, granting that broker exclusivity in representing the buyer for the duration of the agreement. In contrast, a non-exclusive buyer's agreement allows the buyer to engage with multiple brokers, meaning they are not limited to just one representative.

This difference is crucial because it impacts the broker's ability to earn a commission and the buyer's flexibility in seeking properties. In an exclusive arrangement, the broker has a secure position to advocate for the buyer, as they are the sole representative, which can enhance the broker's incentive to provide dedicated service. Meanwhile, in a non-exclusive setup, the buyer maintains the freedom to explore broader options with different brokers at the same time, which could lead to varying levels of service and commitment from each broker involved.

While the other options reference elements such as retainer fees and the scope of the broker’s duties, they do not capture the essential aspect of exclusivity versus non-exclusivity in the buyer's relationship with the broker, which is the core of this question.