Buyer's Agreements in Texas
I love working with buyers but I will not work with a buyer unless they sign a Buyer's Representation Agreement and here's why:
I've lived in Austin for 40 years and know it has a lot to offer. As a Buyer, the opportunities can be overwhelming and you need help determining the best area of Austin that will suit your needs, whether you are looking for your own home or an investment property.
I don’t want to waste your time by sending you every single property for sale, including the bad ones. I could save a lot of my time by just emailing you every single property on the market for you to analyze, including the ones that are in sketchy areas of town—you may not even know which ones they are. Some agents will send you everything that is on the market in the hopes that one will stick.
I have access to all the properties on the MLS and I will go through them to narrow the list down to omit those I believe wouldn't meet your goals. Not that I am a snob, but a property’s location is crucial, not only for you but down the road when you want to resell and, hopefully, I'll be your listing agent.
I do the research for you; that is my job. I analyze and calculate average sales prices to find opportunities that will give you a solid investment. I read between the lines of every listing to figure out if it would meet your criteria before I schedule a showing. Often I will preview the property to be sure it's going to meet your expectations.
You could deal directly with the listing agent and not work with a buyer’s agent. The listing agent would be thrilled with that arrangement: they would represent the seller, not you, and keep the full commission instead of sharing it with a buyer’s agent. In return, you’d get to do all the legwork.
I don't want to waste my time. I work on a contingency basis. In order to have a shot at getting paid for all the work I do, I ask you to commit to working with me. I think that's fair. After all, I won't get paid at all unless I find you what you're looking for.
And if you don’t like working with me, then you can cancel the agreement. Just give me 24 hours' notice so I can cancel the showings.
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