In Georgia, what is required for a valid buyer agency agreement?

A valid buyer agency agreement in Georgia must indeed be in writing and signed by both the buyer and the broker or their agents. This requirement ensures that there is clear documentation of the relationship between the buyer and the broker, outlining the obligations and rights of both parties. A written agreement helps to prevent misunderstandings and disputes that could arise from verbal agreements, providing a formal record of the terms agreed upon.

Having the agreement signed is crucial as it confirms that both parties consent to the terms laid out in the document, which can include the scope of services, duration of the agreement, and compensation. This practice aligns with the Georgia Real Estate Commission's regulations, which emphasize the importance of written agreements in establishing agency relationships in real estate transactions.

The other options do not align with the legal requirements and practices in Georgia. A verbal agreement lacks the formality and enforceability of a written contract, and not having a signature nullifies any accountability or recognition of the terms. Additionally, notarization is not a requirement for the validity of a buyer agency agreement in Georgia.