Compliance
Information About Brokerage Services
Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.
If the broker represents the owner
The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written – listing agreement, or by agreeing to act as a subagent by accepting an offer of sub agency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.
If the broker represents the buyer
The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.
If the broker acts as an intermediary
A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:
- Shall treat all parties honestly
- May not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner.
- May not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer.
- May not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.
- May not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.
- If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.
Privacy Policy
Our Commitment To Privacy
Your privacy is important to Houston Metro Properties, LLC (“HMP”). To better protect your privacy we provide this notice explaining our online information practices and the choices you can make about the way your information is collected and used. To make this notice easy to find, we make it available on our homepage and at every point where personally identifiable information may be requested.
The Information We Collect
This notice applies to all information collected or submitted on the HMP website. On some pages, you can view information, make requests, and register to receive materials.
The Way We Use Information
HMP may collect, retain, use and share that information in aggregated or unaggregated form. HMP may use your personal information to respond to your queries, to send you e-mail alerts and updates or other marketing information about employment, various properties, projects or opportunities, or related information. Where you submit data to HMP, you consent to the processing of that data for the above purposes.
Third Party Information
HMP is not responsible for the content or the privacy policies of any third party websites to which it may provide links. Those links are to servers maintained by other businesses and organizations and are provided solely as a service to visitors.
Our Commitment To Data Security
To prevent unauthorized access, maintain data accuracy, and ensure the correct use of information, we have put in place managerial procedures to safeguard and secure the information we collect online.
Our Policy on Protecting Children's Privacy
Protecting the privacy of the very young is especially
important. For that reason, we never intentionally collect or maintain
information at our website from those we actually know are under 18, and no
part of our website is structured to attract anyone under 18.
Modification of Your Choices and Preferences - Your 'Opt-Out' Right
Should you choose to opt-out of an e-mail that was sent to you by one of our local offices, please contact that particular office by e-mailing a reply-to-sender with “Remove” placed in the subject line or by following the Opt-Out instructions contained in the body of that particular marketing e-mail. You can also copy on your opt-out request and our administrative team will help facilitate your request.
If you would like to opt out of any of our marketing programs including hard copy mailings, and national newsletters, or wish to withdraw your consent to us contacting you via your e-mail, fax or phone number, or if your personal details change, please contact us at Info@HoustonMetroProperties.com.
Your election not to receive promotional and marketing correspondence from us will not: (a) preclude us from corresponding with you, by e-mail or otherwise, regarding your existing or past relationship with us, and (b) preclude us, including our employees, contractors, agents and other representatives, from accessing and viewing your personal information in the course of maintaining and improving the site.
We reserve the right, at our discretion, to change, modify, add, or remove portions from this Privacy Policy at any time so visitors are encouraged to review this Privacy Policy from time to time. Your continued use of our site following the posting of changes to these terms means you accept these changes.
How To Contact Us
Should you have other questions or concerns about these privacy policies, please email us at Info@HoustonMetroProperties.com.
Terms and Conditions
Houston Metro Properties, LLC, and its affiliates (collectively the “Company”) make no representations or warranties concerning the accuracy of the information contained on its website. The Company shall not be responsible for any errors or delays in the content in its website or for any actions taken by anybody in reliance thereon. This website contains links to third-party websites that are not under the control of the Company.
The Company makes no representations or warranties whatsoever about third-party websites. When you access a non-Company website, you do so at your own risk and the Company is not responsible for the accuracy or reliability of any information, data, opinions, advice, or statements on the third party websites. The Company provides these links solely as a convenience and the inclusion of such links does not imply that the Company endorses or accepts responsibility for the content or use of such third party websites. The Company is not licensed as a real estate or mortgage broker in all jurisdictions. The Company’s website does not purport to offer real estate or mortgage brokerage services in locations in which the Company is not licensed.
This firm is regulated by the Texas Real Estate Commission. You may visit their site at: http://www.trec.state.tx.us .
Texas
law requires real estate licensees to provide the following information
about advertising:
TREC
DISCLOSURE AND OCCUPATIONS
CODE DISCLOSURE