| My Goal is to serve my clients to the best of my ability, clearly the client comes FIRST! |
| Contact Information Office Toll Free 800 366 5965 Office Local 956 761 6788 Fax 956 761 7185 Cell 24/7 956 346 3490 Email: Jim Knight |
| Jim Knight Realtor with Wagoner Real Estate 3200 Padre Blvd. South Padre Island, TX 78597 |
| Information About Brokerage Services! You will sign one of these forms if you ever make an offer to purchase property in Texas (the State makes us have one in our file) |
| James P. (Jim) Knight, Realtor with Wagoner Real Estate 3200 Padre Blvd South Padre Island, Texas 78597 |
| I am going to give you my interpretation of how Real Estate Relationships work in Texas. When you walk into a Real Estate Office, call about an advertisement, email an inquiry from a display on the Internet, the Real Estate Agent that answers is working for the Seller! If you called the Office in the add, then you could be talking to the Listing Agent (Generally representing the Seller ONLY) or a Sub-Agent of the Seller (see below) which might convert into an Intermediary Relationship later (see below "Intermediary"). If you called/contacted any other Real Estate Office/Agent, they are also working for the SELLER AS WELL as "Sub-Agent" of the Listing Agent. You are a CUSTOMER and have only a few things going for you (see chart below). Until YOU establish a CLIENT relationship with a Real Estate Agent, you are a CUSTOMER!!! This "Client"relationship may be "implied" or in writing (by far the best way to make sure they work for you). In your "investigative phase" of researching an area, it might be best to visit with several Agents and identify one that you get along with and that provides you with the information you require before committing to a CLIENT relationship. As Agents, we are all generally members of the local Board of Realtors and/or Multiple Listing Service and can research, show, write offers on all properties in the area, but remember until the CLIENT relationship is established we can not give you "all the skinny" on a property! Sub-Agent, this is a "hold over" from the old days (before Intermediary or Buyer's Representation were established) which placed ALL agents in the position of working for the SELLER. This position or relationship still holds true until a specific relationship is established with the Buyer! Intermediary Relationship, is when you have both the Seller and Buyer Agent(s) being licensed in the same Real Estate Firm/Office. Basically there are two forms of this representation; 1) where the Broker or manager APPOINTS one agent for the Seller (usually the listing agent) and another to the Buyer. All the CUSTOMER duties and obligations apply (see chart below) to each party in the transaction, or 2) a relationship called Intermediary WITHOUT APPOINTMENT which is where the Agent becomes a neutral party and can not provide opinions or advise, just the CUSTOMER duties and obligations apply. Buyer's Representation, whether implied or in writing, this relationship places all the duties and obligations of the Agent on YOUR side. There is a contract available to establish a Buyer's Representation, but I rarely use it as it obligates the Buyer to pay a commission if they enter into a purchase contract using another Agent. If you don't like me or don't think I am representing YOU, I don't want you to feel obligated to deal with me. I feel that our communications and the relationship we build will show my "implied" Buyer's Representation without question. When we write an offer, I will ask you to initial by the box that demonstrates that I represent YOU ONLY in that offer/contract. I consider anyone I talk to my client unless they state otherwise. I have been told that when I discuss, display and/or show a Customer or Client any information about a property, I should indicate MY POSITION AS AGENT! I'll bet you have never had that happen! The State required form is below, please review it and if you have any questions or concerns, just contact me for answers, if I don't know, I will find out and get back to you! |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
