A broker has an agency agreement to represent just the buyer. This is an example of a:

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A single agency agreement is when a broker is exclusively representing either the buyer or seller. In this case, the broker only has an agreement to represent the buyer, not the seller, so it is a single (buyer) agency agreement. Dual agency would be if the broker was representing both the buyer and seller in the transaction. In-house agency refers to the brokerage representing both the buyer and seller in a transaction, but not necessarily the same agent representing both parties. A listing agency would be if the broker had an agreement to exclusively represent the seller.

A Broker Has an Agency Agreement to Represent Just the Buyer