# Buyer registration

Joining a broker's buyer list to see the deals it is already selling.

It is access and not advocacy, and the two get confused because the paperwork feels like being taken on as a client. Signing up puts you on a list, gets you the listings first, and changes nothing about who the firm is working for, which is the seller who pays it. Read what you sign anyway: some registrations include a non-circumvention clause that ties you to that firm for any business it introduced, for a period after you stop talking. Useful for deal flow, and never a substitute for someone on your side of the table.

In numbers: Registering costs nothing and buys access to that firm's own listings, while the seller still pays the success fee, $320,000 on a $4M sale at 8%.

Source: https://searchspheresource.com/glossary/buyer-registration
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt