What the Brokerage Services Form Guarantees You



Before we talk about the brokerage services form, please note that this and all other real estate forms are available at trec.texas.gov. I would recommend researching this website before talking to an agent so you understand the difference between the IBS (information about brokerage services), the listing agreement (what you would use when listing a property), and the buyer’s representation agreement (what you use when you’re looking to have an agent help you purchase a home).

Now, on to the brokerage services form. The main stipulations of this form include:

  • The separate responsibilities between a broker and an agent. Namely, the broker is the one who holds your listing, while the agent is the one who represents you throughout the transaction.
  • The requirement that all parties be treated “fairly and honestly.”
  • The concept of an intermediary, or when the agent represents both the buyer and the seller in the transaction.
  • How transactions should be handled and what information the agent should be communicating with you. If you’re working with an agent to purchase a home, that agent’s responsibilities are to share with you any material facts they specifically know about the home.
    “
    The brokerage services
    form states the duties of an
    agent required by law.

    ”
  • The minimum duties by law that the agent is responsible to their client for. Above treating everybody fairly and honestly, they want to put their clients’ interests above their own. It’s important that they communicate that information to you so you’re aware of everything that’s happening in that particular property. They want to answer all of the client’s questions and present any offer to you and explain the ramifications of what’s listed in the offer so you have a full knowledge of what’s going on and can make a good decision.
  • Disputes. It’s important to have everything in writing both from an agent’s perspective and from a buyer-seller perspective so everybody’s aware of what’s expected and everything’s in writing. This helps prevent any miscommunication during the transaction and also makes for a less stressful transaction.

I hope you found this conversation useful. Remember, trec.texas.gov is a good place to go for some good resources. If you have any further questions, feel free to call or send me an emai!l
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Location: Allen, TX, USA

How Jerry sold our house in 3 weeks when another realtor was not helpful.



"He was very quick, efficient, and knowledgeable. He sold our house in three weeks. He was always with us, and if we had any questions, we could contact him. He would answer very promptly. We had a different Realtor prior, and we had about six showings in six months, whereas with Jerry we probably had 12 showings in three weeks."

-Tara Elwell
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Location: Allen, TX, USA

How a CMA Helps You Sell Your Home in Northern Texas



One of the topics we get asked the most questions about by Northern Texas homeowners is the CMA. A CMA, or comparative market analysis, is used to get a valuation for a home you are thinking about selling. It comes up with the value by comparing it to similar homes that have recently sold in the immediate area.

 When we do CMA’s for our clients, we take the number of bedrooms, bathrooms, living spaces, amenities, and any additional features into account. We then go out in the marketplace to look for similar homes that have sold within the last six months to come up with an accurate valuation for your home. This valuation is important because it lets you know the price of your home going forward.

“

A good Realtor can explain
the ins and outs of your CMA.


”

Many times agents will simply do a general market evaluation using recent tax data. Tax valuations tend to be a lot lower than your home’s true value (the value that you can actually sell for). It’s important for you to hire a dedicated Realtor who can help explain the ins and outs of your home's value, and find the best comparables for pricing.

If you have any questions or you’re thinking about buying or selling in Northern Texas, give us a call or send us an email. We’d be happy to hear from you.
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Location: Allen, TX, USA

Professional Photos and Videos Sell Homes



I wanted to take a minute to speak about the importance of professional photos and videos when marketing your home. It’s important for several reasons. 

 There’s a difference between professional photos and standard photos; pictures shot by a pro bring out so many more interesting characteristics and show the buyer much more value. Potential buyers will place the value of the home on the photos they see.
“
Pictures shot by a Pro
bring out so many more interesting characteristics.

”
With more than 90% of buyers starting their search online first, you want to be sure you have professional photos and videos in your listing. Additionally, professional photographers have an eye for what buyers are looking for. Whether they’re shooting a living room, game room, or backyard patio, they know how to frame photos to get the most out of the shot and out of that room to display the value to the buyer. If we can communicate the value and get them in the house, then they’ll see that the house really does have the value that we communicated to them online. 

 I hope you enjoyed this topic. If you have any questions, please feel free to email me. Remember, who you work with matters.
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Location: Allen, TX, USA
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