Tiffany Dalton

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Benefits of Buyer Representation

TX Rules and Regulations, National Association of Realtors Code of Ethics and the City, State and Federal Laws of Agency requires that Realtors inform and disclose to all buyers agency representation rules and laws. If you do not choose to hire me to represent you as a buyer’s agent, the law requires that I represent the seller.

Please compare the following pro's and con's to why it is better for you to have buyer's representation.

Pro's vs. Con's

As a Buyer's Agent:

Pay full attention to the buyers needs
Buyer can talk freely, everything said is held in confidence
Suggest alternative solutions, increasing the supply of appropriate properties
First opportunity to view new listings always given to those who have committed
OKAY for Realtor to give advice accompanied by facts to assist in making an objective evaluation of the property both positive and negative aspects
Educate the buyer by comparing competing and closed properties
Educate the buyer by planning a negotiating strategy
Suggest procedures that will strengthen the buyers negotiating position
Price counseling will be given to buyer with all recent sales data
Contract will be written with buyer protective clauses included
Financing alternatives will be suggested that have the buyers best interest in mind
Negotiate on behalf of the buyer
Continue service to the buyer during negotiation, by searching for other appropriate properties for the buyer, to enhance the buyers negotiating position
Strengthen the buyers negotiating position by telling about past offers and any other information about the sellers that would aid the buyer
Share all information about the seller unless the buyer agrees otherwise, any information that would aid buyers position must be disclosed
Follow through after the purchase contract has been negotiated attempting to solve problems to buyer’s satisfaction
Be available to buyer after closing. Keep all information confidential and provide assistance and referrals

As a Seller's Subagent:

Maintain loyalty to seller’s needs
Tell seller all that you learn about buyer that would enhance sellers negotiating
Focus on the seller’s property only
Lower level of responsibility to the buyer
Material facts and positive aspects will be given but negative aspects of the property will not be mentioned
Protect the seller by not comparing properties
No education outside material facts
Implement negotiating strategy that will strengthen the sellers position
Price counseling will be given to support the seller’s price
Contract will be written to protect the seller from buyer protective clauses
Financing will be directed to protect the seller’s interest
Negotiate on behalf of the seller
During the term of negotiation, continue to market the sellers home in an attempt to receive a competing offer for the seller
Maintain the strength of the sellers by not discussing the details of previous offers or financial position or need to sell
Share all information about the buyer unless the seller agrees otherwise, any information about the buyer must be disclosed
Follow through after the purchase contract has been negotiated attempting to solve problems to seller’s satisfaction.
Be available for the seller only after the closing.

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RE/MAX Conroe-Lake Conroe
12603 Hwy 105 West, Conroe TX 77304
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