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Buyer Representation Agreements in Texas

By
Real Estate Agent with Keller Williams Heritage - Luxury Homes Division

Question: If I ask a Realtor® to show me properties, is he/she working for me?

Answer: No, normally the Realtor® is working for the seller, not the buyer! To have a broker that works for you (the Buyer) you need to make the proper arrangements!  As a Realtor, I can represent either the seller or the buyer, but never both at the same time - without special permission.

When you contact a real estate office and say, "I'd like to see a property" you are only a customer of that broker.  That Realtor  remains an agent for the seller, not you.  This includes new construction homes - the person selling you that home is, of course, representing the seller/builder. (Any agent showing you properties without a buyer's rep agreement  represents the seller.)   When making a real estate purchase, you are probably making one of the single largest investments in your life. I am sure you do not want to make that investment knowing that the Realtor that is showing the property to you represents the seller's interests.

A buyer's agent represents the buyer.  If you are buying, I prefer to represent you directly. Your interests then are my only interests. I am acting on your behalf and dedicated to negotiating the best price on the property you are interested in purchasing. In short, I am loyal to you only!

A buyer's rep agreement indicates that you are ‘hiring' me to be your agent.  It is a commitment from you that if you buy a house in the next 120 days, you will use me as your agent.   Of course, you can cancel the agreement with 48 hours notice as long as we are not under contract, so really it is only a two day contract.  You may cancel the Buyer's Rep agreement any time you feel I am not working according to your expectations.  It costs you nothing to sign a buyer's rep agreement.

According to Texas State Law, the only way I can represent you as a buyer is for you to sign a Buyer's Representative Agreement.  This document outlines exactly who is working for who and in what capacity.

I am here to make your real estate purchase a pleasant experience.  Please call me with your questions regarding Buyer's Rep Agreements.  THANKS!