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Buyer's Representation

Please consider this: If you are interested in buying a property, do you want the seller to be the only one represented by a Realtor or Broker or agent (salesman)? If you do not specifically have a signed Buyer Representation Agreement - that's what will happen... Please read below to see the details. Then give me a call and we'll work together to find the home you really want at the best price and terms...

What is a Broker?

A Broker is an individual who (in Texas) is licensed by The Texas Real Estate Commission. The Broker has multiple years experience in the  Real Estate Industry (having first practiced as an agent) and has completed extensive Industry Specific studies and has passed State and National examination.

What is a Realtor?

Not every real estate Broker or salesman (agent) are Realtors. A Realtor is licensed (in Texas) by The Texas Real Estate Commission and is also a member of the Association of Realtors and has pledged to adhere to the Code of Ethics of the National Association of Realtors.

What is a Buyer's Realtor/Broker?

When pre-designated, the Buyer is represented by the Realtor/Broker. This means that the Buyer's Realtor/Broker may advise the Buyer of the market, available properties, financing, property values, and other matters, some of which are not available to you (the Buyer) without a signed Buyer's Realtor/Broker Representation Agreement. The Buyer's Realtor/Broker does not represent the Seller, and must put the interest of the Buyer first - before the Seller. The Buyer's Realtor/Broker must disclose all material information to the Buyer - even if the Seller or the Seller's Realtor/Broker/Agent had rather the Buyer not know such information. It's the State law. Simply put: If the Buyer does not have a specific signed Buyer's Representation Agreement - they may or may not know all material information to the transaction - for example: the lowest known sales price the Seller will agree to. Remember, if the Buyer has a signed Buyer's Realtor/Broker Representation Agreement, then, the Buyer will know all material information available or discovered by the Buyer's Realtor/Broker. Generally, if a property is listed for sale, then the listing Realtor/Broker and salesman (agent) and all other Realtors/Brokers/Agents (even if with different companies) represent the Seller - the only time that you (the Buyer) will have your best interest served is with a signed Buyer Representation Agreement. So, if you are a Buyer - I strongly suggest Buyer Representation, and it is my specialty. I invite you to contact me for more information. Call (979) 691-2692 or e-mail Randal Stuart.

What is a Seller's Broker/Agent/Listing Realtor/Broker or Sub-Agent?

The Seller's Broker/Agent/Listing Realtor may be retained by a Seller to list and market a property for sale. The Sub-Agent may be either in the Listing Realtor/Broker's/Agent office or may be in a different office (even with a different company) - not even apparently related to the Seller's Realtor or Agent or Broker. Generally, for example: when you see a for sale sign in the yard or an advertisement in the newspaper or on television, the Realtor/Broker or Agent (salesman) whose name appears on the sign or in the advertisement will be representing the Seller. And even if the Realtor/Broker or Agent (salesman) is in a different office (even with a different company) - they still represent the Seller - unless you have a signed Specific Realtor/Broker Buyer's Representation Agreement. It's the State law. The only method to have a Realtor/Broker representing your interests entirely is to have a signed Buyer's Representation Agreement - it's the law... 

What is an Intermediary?

A Realtor/Broker/Agent may act as an Intermediary between the Buyer and Seller. In this case, the Realtor/Broker/Agent must treat both parties honestly. However, the Realtor/Broker/Agent may not disclose any confidential information discovered to either party, for example: The lowest price the Seller will accept, or any information that the Realtor/Broker/Agent is told in writing not to disclose to the other party unless such information  must be disclosed according to the Real Estate License Act or Court Order. It may be difficult for a Broker or Agent to act impartially - just due to human nature... Keep in mind that the Intermediary (Broker/Agent) must have first met and had relations with the Seller before meeting you (the Buyer) since the Intermediary would have been the Broker/Agent to list the property for sale.

 



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Professional Real Estate Services and Texas Liberty Mortgage Company  

1716 Briarcrest Drive, Suite 300, Bryan, Texas 77802

Phone: (979)-691-2692 

Texas Department of Savings and Mortgage Lending Lic. #2759

Texas Real Estate Commission Lic. #0448039  

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