Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago, 10/25/2023

User Stats

16
Posts
3
Votes
Aaron Gough
  • Real Estate Broker
  • Phoenix, AZ
3
Votes |
16
Posts

Question for TX brokers from an AZ broker

Aaron Gough
  • Real Estate Broker
  • Phoenix, AZ
Posted

In AZ, sometimes an unrepresented buyer will want to buy a property I'm listing. In order to make their offer stronger, they will ask me to apply the commission normally reserved for the buyer's agent to their offer. In AZ I'm under no obligation to do that--the commission agreement is between me and my seller. If there is no buyer's agent, then I retain the full commission including the buyer's side commission regardless of what an unrepresented buyer asks. Now of course if the unrepresented buyer asks me to be his agent and I agree, and then asks me to apply the buyer side commission to his offer, I can choose to do that or not, in full or in part, at my discretion. But in AZ an unrepresented buyer has no power to dictate what happens to commission in any way.

How does this work in TX? If an unrepresented buyer asks you to give up the buyer side commission for him to strengthen his offer, what are your legal options and obligations?  I know we each have our own policies as to how to handle these situations, but I'm wondering what the law says about your obligations in these situations?

Loading replies...