|  | | | Louis Derrick, Vice President, Regional Manager, Colonial Bank | |
Colonial Bank Morgage Company
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 In the history of the real estate industry, there has been a single approach to working with a real estate agent. If you wanted to purchase a home, an agent showed you properties on behalf of the sellers of those homes. As a buyer, you were not represented by anyone other than yourself. Negotiation over price and terms were entirely your responsibility.
Now there is another way to handle buying property. With buyer agency, your real estate sales associate acts on your behalf in all negotiations. That agent is committed to being your advocate in finding and purchasing your next home, and at no cost to you.
In many cities across the United States, buyer agency is used in the majority of home purchases. With buyer agency, all fiduciary duties are owed to the buyer, not to the seller. The buyer has the freedom to discuss personal finances, negotiating strategies and the value of properties with their buyer agent. The buyer can ask for the opinion of the buyer agent regarding the condition of the property, the effect of improvements, the seller's motivation for selling and a variety of other information thar the seller's agent cannot provide.
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| Q |
Where would you go to visit the largest ancient castle in the world?
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| A |
You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres. |
 See More Real Estate Trivia > |
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John Thurman, ABR, GRI, CRS
Heart of Texas Realty
13810 Bluff Lane
San Antonio, TX 78216
Phone #: (210) 481-6767
Fax #: (210) 496-2354
John@HeartofTexasRealty.com
John Thurman, ABR, GRI, CRS, is the Broker/Owner of Heart of Texas Realty and Talk Show Host of the Real Estate Focus Show on News-Talk 930 KLUP. He specializes in assisting families’ relocate either across the country or across the street. He is the Charter President of the Rotary Club of San Antonio at The Dominion, Founder and Chairman of Gateway San Antonio Corridor, Inc, and Founder of the First Voice Networking For Realtors in San Antonio.
San Antonio’s Most Listened To Realtor and Host, Real Estate Focus Talk Show on News-Talk 930 KLUP.
RE License # 518954         
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