In my last Tyler, TX real estate blog post, I began a discussion of the various duties home buyers and sellers should expect from your Tyler real estate agent. We left off reviewing the importance of the attribute of loyalty from the Tyler, TX real estate to you, the home buyer or home seller. In this post, I will quickly cover the remaining duties each Tyler, TX REALTOR® should deliver and they are:

• Obedience
• Disclosure
• Confidentiality
• Reasonable Care and Diligence
• Accounting

Tyler TX REALTORS® Must Obey!

But what does that mean? Tyler real estate agents must create the habit of obeying their principal. It’s defined as a “dutiful compliance with a command, prohibition, or known law and rule prescribed; submission to authority”. That means you, the home buying and selling client are in authority over your agent. It’s at this point I need to remind you, “I’m not an attorney nor do I practice law”. The actions of any agent engaged in transacting real estate in the state of Texas must abide by the law and the “law of agency” passed by our legislature and governed by the Texas Real Estate Commission. The point being, don’t expect your Tyler real estate agent to break the law to obey your wishes. You actually place yourself in legal jeopardy if you do.

Disclosure of Information by Your Tyler, TX REALTOR®

This means your agent must make a full disclosure of all facts pertaining to a Tyler, TX real estate transaction. The disclosure must be prompt and it must be within your agents knowledge. Where this disclosure commonly comes into play is with zoning issues, and regarding any knowledge that may impact Tyler, TX property values. It even means when an agent offers their “opinion” to the advantages and disadvantages to any offer.

Confidentiality Between You and Your Tyler, TX Real Estate Agent

First, confidentiality is a must! This means real estate agents in Tyler must hold in confidence anything you, the client/principal may say. Basically, agents must skillfully manage information and look out for your best interest .

Reasonable Care and Diligence of Your Tyler REALTOR®

Licensed Tyler, TX real estate agents must skillfully carry out our duties. While all licensed real estate agents in Tyler are required to pass an exam to obtain a license, it doesn’t mean all agents are created equal. That means it is very important you choose your representation wisely! This doesn’t lessen the need for your agent to perform skillfully on your behalf and be knowledgeable so you make the best Tyler home buying and selling decision possible.

Accounting – Another Attribute of a Tyler, TX Real Estate Agent

Mention the word and the first thing that comes to mind is managing funds… your money. Plain and simple, the laws of the Texas Real Estate Commission expect licensed real estate agents to maintain accurate records of every transaction we participate in on behalf of our home buyers and home sellers.

It’s a good reminder for all of us as Tyler, TX real estate agents to write post like this occasionally. It serves as a great reminder how important it is that we hold fast to these duties for YOU!

Until next time,

Steve Winston