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FROM NAR: Does Standard of Practice 16-16 prohibit the negotiation of buyer broker compensation in a buyer’s purchase offer?
No. A buyer can always ask their buyer broker to make it a term of the purchase offer that the seller pay certain compensation to the buyer broker. Standard of Practice 16-16 prohibits a REALTOR® from attempting to modify the terms of a listing agreement through the terms of an offer because the listing agreement…
Read MoreHigh-speed rail project enters NEPA environmental phase
The project that would link Fort Worth and Dallas by high-speed rail has officially entered the federal environmental analysis phase and is on track to be environmentally cleared within a year. In a letter dated March 4, the Federal Transit Administration granted a National Environmental Policy Act (NEPA) Class of Action Determination to the project,…
Read MoreApril is Car Care Awareness Month
Are you Car Care Aware? April is spring National Car Care Awareness Month and that means taking a few extra steps to ensure your vehicle is in good working condition for the seasons ahead. Not only could preventative maintenance save you both time and money, but it could also keep the air we breathe clean…
Read MoreCalculating Earnest Money and Option Fee Deadlines
In the latest Texas REALTORS® Legal Briefs video, Staff Attorney Tracy Jackson discusses how to count days in determining when to pay the earnest money and option fee in the purchase contracts. This video discusses how to count days in determining when to pay the Earnest Money and Option Fee in the purchase contracts. Deadlines…
Read MoreParty with a Purpose is OPEN to the Community!
Did you know that Party with a Purpose isn’t just for REALTORS®? Party with a Purpose is open to the entire community! As a community event, anyone and everyone is welcome to attend or donate! The whole community is invited to join us as we celebrate the groundbreaking of the Habitat Village and raise funds…
Read MoreOffice Closed July 4th
This is a friendly reminder that our office will be closed on Tuesday, June 4th. We will return to the office on Wednesday, July 5th. If you need assistance over the break, here’s the contact info for resources you can use: Matrix Support 1-888-440-3687 Supra Support 1-877-699-6787 Texas Realtors Legal Hotline 800-873-9155 BrokerBay 800-257-1242 ZipForm…
Read MoreOffice Closed June 19th
This is a friendly reminder that our office will be closed on Monday, June 19th. We will return to the office on Tuesday, June 20th. If you need assistance over the weekend, here’s the contact info for resources you can use: Matrix Support 1-888-440-3687 Supra Support 1-877-699-6787 Texas Realtors Legal Hotline 800-873-9155 BrokerBay 800-257-1242 ZipForm…
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