Which statement is true regarding a buyer's representation agreement?

The statement that the buyer may have multiple agreements in different areas is true because buyers have the flexibility to enter into multiple buyer representation agreements with different brokers, provided that these agreements are for different geographical locations or different property types. This allows buyers to have access to a wider range of properties and broker expertise tailored to specific needs or preferences.

For example, a buyer may wish to work with one broker for residential properties in one city while also engaging another broker for commercial properties in a different town. This flexibility is essential in a competitive real estate market, as it gives buyers various options and access to different listings that may not overlap.

In contrast, the other statements suggest limitations that do not reflect the ability of buyers to customize their representation based on their unique needs. The flexibility to enter into multiple agreements is a key aspect that empowers buyers in their real estate transactions.