| Just what is Buyer Representation and what is involved? |
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Until a few years ago, the listing agent and the selling agent in Texas represented the Seller. As a result of the agency law mandated by the Texas Legislature, a Buyer can have an agent represent their interests. Sellers have a Listing Agreement with their agent; Buyers now have Buyer Agreements available to them. Services to the Buyer will include such things as:
- advise you about market trends and financing
- review an analysis of markets, neighborhoods and properties
- assisting you in negotiating the best price and terms
- assisting you with the inspection process and any additional negotiation
- representing your interests throughout the transaction
When we first meet, I will give you a document called "Information About Brokerage Services"; it is provided by the Texas Real Estate Commission, and explains the various types of representation. Agents in Texas are required by law to present you with this form. The form is for information purposes only - it is not an agreement of any kind.
I will go over the Agreement with you and give you examples of the services I can provide with and without a Buyer Agreement. You can then decide on the type of representation you want. The Buyer Agreement can be for whatever length of time you are comfortable with, and can be extended upon our mutual consent.