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Buyer Agency Contract (with fees)

Long story short searching for a home. Found a realtor and a place I’d like to make an offer on. Realtor sends a buyer agency contract which states in addition to commission I have to pay a $500 broker fee. Also there is a clause that states I have to use this realtor for a period of 8 months and if any deal falls through, or I end up not buying I owe the realtor the broker fee.

Is this common?

First time home buyer. Thank you.

submitted by /u/Euphoric_Penalty3296
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source https://www.reddit.com/r/RealEstate/comments/1ats0ne/buyer_agency_contract_with_fees/
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