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For more Dallas area housing market information, or if you are planning to buy or sell real estate and would like a FREE consultation, contact the Doane Realty Group at Century 21 Judge Fite Company, Steve Doane @ 214-755-3378 or Mary Doane @ 214-755-4501or email: info@stevedoane.com.

Dallas-Fort Worth job market is staying strong

Steve Doane — Mon, 09 Jun 2008 04:46:54 +0000

Reported by Steve Brown of the Dallas Morning News, the good news is that while much of the nation is experiencing a slow down in employment, Dallas-Fort Worth job growth is holding up well.

Indeed, the rate of employment growth here is down. During the 12 months ending in April, about 67,000 new jobs were added in the D-FW area.

That compares with an 86,000 gain in the previous 12 months.

Still, job growth in North Texas is among the highest in the nation – good news for the local real estate market, which is counting on further employment growth to fill empty houses, offices and such…READ MORE

What You Should Know About Agency in Texas

Steve Doane — Sat, 19 Apr 2008 04:56:31 +0000

Did you know that Texas real estate license law requires me to provide you, the consumer, with an Agency Disclosure Notice, as well as a meaningful explanation of agency relationships offered by my company. It also requires that this be done at the first practical opportunity when you and I have made substantive contact.

So, what does all of this really mean for you? Simply put, it means you have a choice to make. As we begin to establish a working relationship, I’m going to ask you in what capacity you want me to work for you; as my customer or my client. What’s the difference, you ask?

Texas real estate license law defines customers as buyers or sellers who choose NOT to establish an agency relationship. The law requires licensees to perform the following basic duties when dealing with any real estate buyer or seller as a customer:

Present all offers in a timely manner
Account for money or other property received on your behalf
Provide an explanation of the scope of services to be provided
Be fair and honest and provide accurate information
Disclose “adverse material facts” about the property or the transaction which are within my knowledge

Because customer service does not require a written agreement, neither you nor the Company is committed to one another in any way. Unless or until you enter into a written agreement for agency representation, you are considered a “customer” of the Company, and the Company will not act as your agent. As a customer, you should not expect the Company or its licensees to promote your best interest, or to keep your bargaining information confidential.

At this point, you might be thinking that the customer relationship is not right for you. Not a problem. I have a solution just for you; you can become a client. Clients receive more services than customers. In fact, by law, you are afforded the following client-level services at a very minimum:

Obedience
Loyalty
Disclosure
Confidentiality
Accounting
Reasonable care and skill
Advice, counsel, and assistance in negotiations

If purchasing or selling real estate in Dallas or surrounding areas, please feel free to call me at 214-755-3378 or email me for detailed information on my personal client-level services, as well as additional information on agency relationships.