Our First Signature Package (Home Buyer Edition)
Before I start show any houses, I will send you "OUR FIRST SIGNATURE PACKAGE". As your Realtor, I want to make sure that you are informed and aware of the documents that I send. These documents are essential for establishing a strong and transparent working relationship between us.
Here are the five documents that make up the first set of documents that I will send you:
1. Information About Brokerage Services (IABS)
The Information About Brokerage Services (IABS) is a required disclosure in Texas. In fact, it is attached to every email I send. This document outlines the different types of agency relationships that are possible in Texas, such as seller representation, buyer representation, and intermediary representation. By signing the IABS, you acknowledge that I have provided you with this information. This is a disclosure, not a contract.
2. Texas Buyer Representation Agreement
The Texas Buyer Representation Agreement is a contract that establishes your representation relationship with my broker and me (as your agent). This document outlines the duration of the agreement, my duties and responsibilities, and my compensation. By signing the Buyer Representation Agreement, you are agreeing to work exclusively with me for a specified period of time. By signing this document, you become my client and not just a customer. As my client, your best interest becomes my top priority, even above my own.
3. Wire Fraud Warning
Wire fraud has become a significant issue in the real estate industry, with scammers attempting to steal funds by intercepting wire transfers. The Wire Fraud Warning is a document that warns buyers of the potential risks associated with wire transfers and provides instructions on how to minimize those risks. By providing this warning to you, I am demonstrating my commitment to your protection.
4. Disclosure of Relationship with Residential Service Company
The Disclosure of Relationship with Residential Service Company is a document that discloses any relationships I have with a residential service company, such as a home warranty or inspection company. This disclosure is essential to ensure that you are aware of any potential conflicts of interest. In this case, my brokerage has a relationship with Americas Preffered Home Warrnaty.
5. Affiliated Business Arrangement Disclosure Agreement
The Affiliated Business Arrangement Disclosure Agreement is a document that discloses any financial relationships that I have with other companies involved in your real estate transaction. This disclosure is essential to ensure that you are aware of any potential conflicts of interest. In this case, my brokerage has a relationship with Success Lending, LLC.
Please take the time to read and understand each document carefully before signing them. If you have any questions or concerns, do not hesitate to reach out to me, and I will be happy to assist you. Thank you for choosing me as your Texas Realtor.
