{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/24c731d6a66146c4a14e36c7c381e1ae\" frameborder=\"0\" width=\"1198\" height=\"898\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":898,"width":1198,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":898,"thumbnail_width":1198,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/24c731d6a66146c4a14e36c7c381e1ae-f19cf0efa33c3c8b.gif","duration":209.109,"title":"Reframe Overview: California Buyer Broker Agreement","description":"This Loom explains key terms of a California Buyer Broker Agreement, focusing on exclusive representation and how buyer broker compensation works. It covers a representation period limited to 90 day chunks, with extensions sent if the buyer is still searching after day 89. The agent states the brokerage is exclusive, meaning the buyer should not work with other agents or submit offers via random agents at open houses. For commissions, the seller pays compensation, with the broker noting 2 percent as the lowest base and aiming for about 2.5 percent in Los Angeles and Orange counties, while Riverside and San Bernardino more often see 2 percent."}