What It Is And Why You Kneed It
One of the most important things you will need to know when buying real estate in Texas is the concept of Buyer’s Agency. Regardless of who your agent is, the laws pertaining to agency apply to all client/customer/agent relationships in Texas. Please take a moment to view the Traci and Richmond’s video below to understand more about Buyer’s Agency.
Additionally, the form “Important Information About Brokerage Services” (IABS) is a document all agents are required to provide to their clients and customers upon the first substantial conversation about real estate. The IABS provides additional details about agency law in the state of Texas and is designed to help you understand and protect your best interests in real estate transactions.
Regardless of who you choose to represent you in a real estate purchase, the laws governing buyer's agency apply.