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Why should consumers understand some basic information real estate agency? Why should you care?

Educating consumers on how real estate agency is an important lesson to the consumers. It is not only limited on how real estate agents get paid but how the real estate representation occurs so that there is no confusion in fiduciary duties of the principles (ie. real estate clients) and real estate agents.

Representation and real estate agency are state-specific. The Information about Brokerage Services below is for Texas. I know, it might be boring, but if you understand what it means, it might save you some heart ache in the future.

Texas Information About Brokerage Services

When a Texas Real Estate agent gives this form for you to sign, it means that you acknowledge and read the information in its entirety. It does not bound you to any real estate representation.

Real Estate Stuff You Should Know:

• Implied Agency, Procuring Cause and How it Affects Your Real Estate Purchase
• How Real Estate Agents Get Paid
• I Love Looking at Houses, Therefore I Should Become a Real Estate Agent
• Sold in 72 Hours. How Much is Your Realtor Worth To You?
• Working Exclusively Is An Important Message Consumers Need To Know