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Attention TEXAS REAL ESTATE AGENTS? |
I am a newly licensed agent in the Houston area. I have a network of Real Estate Investors that I deal with. Want to know how to protect my interest on a sale when I don't have a Seller agreement with the owner but I am bringing a buyer to the table. If I have the Buyer sign a Buyer's agreement, is the Seller obligated to pay my commision? How can I prevent a Buyer from going direct to the Seller? If I have the Buyer sign the Buyer's agreement, and then the two parties do a side deal, what recourse do I have? I'm working with investor buyers who are looking for properties. I get lists of investment properties for sale from other investors or agents representing Selling investors. I normally create a spread sheet with all of the properties I get notices on. Some are through 3rd party contacts. Need advice on how to proceed and get my $$$$$ You need a valid buyer agency agreement with your buyer(s), and you need to have it BEFORE you present any of these properties to the buyer(s) in question. |
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