Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE

6EEACD85-6B23-4286-B130-263FDFCEF15C

RESIDENTIAL BUYER/TENANT REPRESENTATION

AGREEMENT
USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®, INC. IS NOT AUTHORIZED.
©Texas Association of REALTORS®, Inc. 2018

1. PARTIES: The parties to this agreement are:

Client:

Address:
City, State, Zip:
Phone: Fax:
E-Mail:
Broker:

Address:
City, State, Zip:
Phone: Fax:
E-Mail:

2. APPOINTMENT: Client grants to Broker the exclusive right to act as Client’s real estate agent for
the purpose of acquiring property in the market area.

3. DEFINITIONS:
A. “Acquire” means to purchase or lease.
B. “Closing” in a sale transaction means the date legal title to a property is conveyed to a
purchaser of property under a contract to buy. “Closing” in a lease transaction means the date a
landlord and tenant enter into a binding lease of a property.
C. “Market area” means that area in the State of Texas within the perimeter boundaries of the
following areas:

.
D. “Property” means any interest in real estate including but not limited to properties listed in a
multiple listing service or other listing services, properties for sale by owners, and properties for
sale by builders.

4. TERM: This agreement commences on and

ends at 11:59 p.m. on .

5. BROKER’S OBLIGATIONS: Broker will: (a) use Broker’s best efforts to assist Client in acquiring
property in the market area; (b) assist Client in negotiating the acquisition of property in the market
area; and (c) comply with other provisions of this agreement.

6. CLIENT’S OBLIGATIONS: Client will: (a) work exclusively through Broker in acquiring property in
the market area and negotiate the acquisition of property in the market area only through Broker; (b)
inform other brokers, salespersons, sellers, and landlords with whom Client may have contact that
Broker exclusively represents Client for the purpose of acquiring property in the market area and refer
all such persons to Broker; and (c) comply with other provisions of this agreement.

(TXR-1501) 2-1-18 Initialed for Identification by Broker/Associate and Client , Page 1 of 5

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

Buyer/Tenant Representation Agreement between

7. REPRESENTATIONS:
A. Each person signing this agreement represents that the person has the legal capacity and
authority to bind the respective party to this agreement.
B. Client represents that Client is not now a party to another buyer or tenant representation
agreement with another broker for the acquisition of property in the market area
C. Client represents that all information relating to Client’s ability to acquire property in the market
area Client gives to Broker is true and correct.
D. Name any employer, relocation company, or other entity that will provide benefits to Client when
acquiring property in the market area: .

8. INTERMEDIARY: (Check A or B only.)

‰ġ ġ ġ A. Intermediary Status: Client desires to see Broker’s listings. If Client wishes to acquire one of
Broker’s listings, Client authorizes Broker to act as an intermediary and Broker will notify Client that
Broker will service the parties in accordance with one of the following alternatives.
1) If the owner of the property is serviced by an associate other than the associate servicing
Client under this agreement, Broker may notify Client that Broker will: (a) appoint the
associate then servicing the owner to communicate with, carry out instructions of, and provide
opinions and advice during negotiations to the owner; and (b) appoint the associate then
servicing Client to the Client for the same purpose.
2) If the owner of the property is serviced by the same associate who is servicing Client, Broker
may notify Client that Broker will: (a) appoint another associate to communicate with,
carry out instructions of, and provide opinions and advice during negotiations to Client; and
(b) appoint the associate servicing the owner under the listing to the owner for the same
purpose.
3) Broker may notify Client that Broker will make no appointments as described under this
Paragraph 8A and, in such an event, the associate servicing the parties will act solely as
Broker’s intermediary representative, who may facilitate the transaction but will not render
opinions or advice during negotiations to either party.
‰ġġ ġ ġ B. No Intermediary Status: Client does not wish to be shown or acquire any of Broker’s listings.

Notice: If Broker acts as an intermediary under Paragraph 8A, Broker and Broker’s associates:
i may not disclose to Client that the seller or landlord will accept a price less than
the asking price unless otherwise instructed in a separate writing by the seller or
landlord;
i ġmay not disclose to the seller or landlord that Client will pay a price greater than the
price submitted in a written offer to the seller or landlord unless otherwise instructed
in a separate writing by Client;
i may not disclose any confidential information or any information a seller or landlord
or Client specifically instructs Broker in writing not to disclose unless otherwise
instructed in a separate writing by the respective party or required to disclose the
information by the Real Estate License Act or a court order or if the information
materially relates to the condition of the property;
i shall treat all parties to the transaction honestly; and
i shall comply with the Real Estate License Act.

9. COMPETING CLIENTS: Client acknowledges that Broker may represent other prospective buyers or
tenants who may seek to acquire properties that may be of interest to Client. Client agrees that
Broker may, during the term of this agreement and after it ends, represent such other prospects, show
the other prospects the same properties that Broker shows to Client, and act as a real estate broker for
such other prospects in negotiating the acquisition of properties that Client may seek to acquire.

(TXR-1501) 2-1-18 Initialed for Identification by Broker/Associate and Client , Page 2 of 5

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

Buyer/Tenant Representation Agreement between

10. CONFIDENTIAL INFORMATION:

A. During the term of this agreement or after its termination, Broker may not knowingly disclose
information obtained in confidence from Client except as authorized by Client or required by law.
Broker may not disclose to Client any information obtained in confidence regarding any other
person Broker represents or may have represented except as required by law.

B. Unless otherwise agreed or required by law, a seller or the seller’s agent is not obliged to
keep the existence of an offer or its terms confidential. If a listing agent receives multiple offers,
the listing agent is obliged to treat the competing buyers fairly.

11. BROKER’S FEES:

A. Commission: The parties agree that Broker will receive a commission calculated as follows: (1) %
of the gross sales price if Client agrees to purchase property in the market area; and (2) if Client
agrees to lease property in the market area a fee equal to (check only one box): ‰ġġġ ġ ŠŠŠ% of one
month’s rent or ‰ġġġ ġġġġġġġġ% of all rents to be paid over the term of the lease.

B. Source of Commission Payment: Broker will seek to obtain payment of the commission specified in
Paragraph 11A first from the seller, landlord, or their agents. If such persons refuse or fail to
pay Broker the amount specified, Client will pay Broker the amount specified less any amounts
Broker receives from such persons.

C. Earned and Payable: A person is not obligated to pay Broker a commission until such time as Broker’s
commission is earned and payable. Broker’s commission is earned when: (1) Client enters into a
contract to buy or lease property in the market area; or (2) Client breaches this agreement. Broker’s
commission is payable, either during the term of this agreement or after it ends, upon the earlier of: (1)
the closing of the transaction to acquire the property; (2) Client’s breach of a contract to buy or lease a
property in the market area; or (3) Client’s breach of this agreement. If Client acquires more than one
property under this agreement, Broker’s commissions for each property acquired are earned as each
property is acquired and are payable at the closing of each acquisition.

D. Additional Compensation: If a seller, landlord, or their agents offer compensation in excess of the
amount stated in Paragraph 11A (including but not limited to marketing incentives or bonuses to
cooperating brokers) Broker may retain the additional compensation in addition to the specified
commission. Client is not obligated to pay any such additional compensation to Broker.

E. Acquisition of Broker’s Listing: Notwithstanding any provision to the contrary, if Client acquires a
property listed by Broker, Broker will be paid in accordance with the terms of Broker’s listing agreement
with the owner and Client will have no obligation to pay Broker.

F. In addition to the commission specified under Paragraph 11A, Broker is entitled to the following fees.
1) Construction: If Client uses Broker’s services to procure or negotiate the construction
of improvements to property that Client owns or may acquire, Client ensures that Broker will
receive from Client or the contractor(s) at the time the construction is substantially complete a
fee equal to: .
2) Service Providers: If Broker refers Client or any party to a transaction contemplated by
this agreement to a service provider (for example, mover, cable company, telecommunications
provider, utility, or contractor) Broker may receive a fee from the service provider for the
referral.

(TXR-1501) 2-1-18 Initialed for Identification by Broker/Associate and Client , Page 3 of 5

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

Buyer/Tenant Representation Agreement between

3) Other:

G. Protection Period: “Protection period” means that time starting the day after this agreement ends
and continuing for days. Not later than 10 days after this agreement ends, Broker may send
Client written notice identifying the properties called to Client’s attention during this agreement. If
Client or a relative of Client agrees to acquire a property identified in the notice during the protection
period, Client will pay Broker, upon closing, the amount Broker would have been entitled to receive if
this agreement were still in effect. This Paragraph 11G survives termination of this agreement.
This Paragraph 11G will not apply if Client is, during the protection period, bound under a
representation agreement with another broker who is a member of Texas REALTORS® at the time
the acquisition is negotiated and the other broker is paid a fee for negotiating the transaction.
H. Escrow Authorization: Client authorizes, and Broker may so instruct, any escrow or closing agent
authorized to close a transaction for the acquisition of property contemplated by this agreement
to collect and disburse to Broker all amounts payable to Broker.

I. County: Amounts payable to Broker are to be paid in cash in County, Texas.

12. MEDIATION: The parties agree to negotiate in good faith in an effort to resolve any dispute that may
arise related to this agreement or any transaction related to or contemplated by this agreement. If the
dispute cannot be resolved by negotiation, the parties will submit the dispute to mediation before
resorting to arbitration or litigation and will equally share the costs of a mutually acceptable mediator.

13. DEFAULT: If either party fails to comply with this agreement or makes a false representation in this
agreement, the non-complying party is in default. If Client is in default, Client will be liable for the
amount of compensation that Broker would have received under this agreement if Client was not in
default. If Broker is in default, Client may exercise any remedy at law.

14. ATTORNEY’S FEES: If Client or Broker is a prevailing party in any legal proceeding brought as a
result of a dispute under this agreement or any transaction related to this agreement, such party will be
entitled to recover from the non-prevailing party all costs of such proceeding and reasonable attorney’s
fees.

15. LIMITATION OF LIABILITY: Neither Broker nor any other broker, or their associates, is
responsible or liable for any person’s personal injuries or for any loss or damage to any
person’s property that is not caused by Broker. Client will hold broker, any other broker, and
their associates, harmless from any such injuries or losses. Client will indemnify Broker against
any claims for injury or damage that Client may cause to others or their property.

16. ADDENDA: Addenda and other related documents which are part of this agreement are:
; Information About Brokerage Services ‰ Protect Your Family from Lead in Your Home
‰ Protecting Your Home from Mold ‰ Information about Special Flood Hazard Areas
‰ Information Concerning Property Insurance ‰ For Your Protection: Get a Home Inspection
‰ General Information and Notice to Buyers ‰
and Sellers

17. SPECIAL PROVISIONS:

(TXR-1501) 2-1-18 Initialed for Identification by Broker/Associate and Client , Page 4 of 5

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

Buyer/Tenant Representation Agreement between

18. ADDITIONAL NOTICES:

A. Broker's fees and the sharing of fees between brokers are not fixed, controlled,
recommended, suggested, or maintained by the Association of REALTORS® or any listing
service.

B. In accordance with fair housing laws and the National Association of REALTORS®
Code of Ethics, Broker’s services must be provided without regard to race, color,
religion, national origin, sex, disability, familial status, sexual orientation, or gender
identity. Local ordinances may provide for additional protected classes (for example,
creed, status as a student, marital status, or age).

C. Broker is not a property inspector, surveyor, engineer, environmental assessor, or

compliance inspector. Client should seek experts to render such services in any
acquisition.

D. If Client purchases property, Client should have an abstract covering the property examined
by an attorney of Client’s selection, or Client should be furnished with or obtain a title policy.

E. Client may purchase a residential service contract. Client should review such service contract
or the scope of coverage, exclusions, and limitations. The purchase of a residential service
contract is optional. There are several residential service companies operating in Texas.

F. When viewing a property, Client might be recorded or otherwise monitored without Client’s
knowledge or consent. Additionally, consult an attorney before recording or photographing a
property without Owner’s knowledge or consent.

G. To reduce risk of wire fraud, Client should refrain from transmitting personal information, such
as bank account numbers or other financial information, via unsecured email or other
electronic communication. If Client receives any electronic communication regarding wiring
instructions, even if the communication appears to come from a legitimate source, Client
should verify its authenticity prior to the transfer of funds in person or via phone call using a
recognized phone number not found in the communication. Broker will not send Client any
electronic communication with instructions to wire funds or to provide personal information.

CONSULT AN ATTORNEY: Broker cannot give legal advice. This is a legally binding agreement. READ
IT CAREFULLY. If you do not understand the effect of this agreement, consult your attorney BEFORE
signing.

Broker’s Printed Name License No. Client’s Printed Name

‰Broker’s Signature Date Client’s Signature Date

‰Broker’s Associate’s Signature, as an authorized
agent of Broker

_________________________________________
Broker’s Associate’s Printed Name , if applicable Client’s Printed Name

Client’s Signature Date

(TXR-1501) 2-1-18 Page 5 of 5

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

BUYER QUESTIONNAIRE

Buyer Name: _______________________________________________________________

What is your time frame?

What is your desired part of town? –What is your desired monthly payment?

Do you have a nest egg saved for your potential down payment?

What is your maximum monthly payment?

What are your desired features of the home? 1 or 2 story? Flooring? Backyard? Bedrooms
needed?

Square footage desired?

FINANCIAL QUESTIONS

Are you paid salary? Hourly? Overtime? Commission?

Any past due child support or IRS?

Have you filed your last couple of years tax returns?

Does the income you reported on your taxes match what you actually made at your job?

Any student loans in default?

QUESTIONS REGARDING LIVING SITUATION

Are you currently in a lease? When is that lease up?

Are you open to breaking that Lease??

Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

REAL ESTATE PROCESS BUYER DO’S AND DON’TS

1. No new charge accounts

2. No new credit inquiries (furniture, car, student loan, etc.). No soft pulls or
hard credit pulls. If someone asks for your name or license in a store, they
may be trying to pull your credit. DO NOT ALLOW.
3. No large cash deposits without speaking to lender first
4. No large cash withdrawals
5. No new vehicle purchases
6. If you see something you like online, send it to me. Do not make any calls to
inquire about the item. This can affect our negotiation in a negative way.
7. No open house or model home visits. We will attend together when the time
arrives. This can affect our negotiation in a negative way.
8. No announcements to the world. Your purchase is very fragile....but very
possible. You don’t want to have to explain to the masses if things don’t work
out.
9. I would caution you against opinions from outside parties—not even family.
This is your home. Your opinion and my professional guidance is all that is
important. Family and friends mean well, but they often introduce confusion,
uncertainty, and un-reasonable expectations. If you speak to 10 people about
what you should buy—you will get 10 different responses, and that will make
your decision harder. Tell your loved ones after we have decided. This is my
professional opinion.
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

REAL ESTATE FAQS FOR BUYERS

1. What is your fee? How do you get paid?

Answer: The compensation for a real estate agent is taken care of by the seller or
the landlord of the property. If you are the “buyer” or “renter” then the fee is not your
responsibility. Your only duty is to be honest with your intentions and be sure to list
your agents name on whatever you decide to buy or lease.
2. How long does it take to buy a home?
Answer: The normal timeline is 30 days to find home, 7 days to do paperwork &
agree to terms, 30 more days to wait on closing, so about 2.5 months from
beginning to end.
3. Why is it best to have a realtor?
Answer: Your realtor’s primary job is to make sure that the deal you get is fair and in
your best interest. Realtors provides you with accurate comparisons & historical
data that they use to negotiate on your behalf. They also can pull incentives on your
behalf. Your realtor is a resource for helping you through the process and helping
you avoid pitfalls, the wasting of time & money.
4. Can’t I buy a home without an agent?
Answer: Yes you can, but you run the risk of over-paying for the home, not receiving
the background information on the community or wasting money on un-necessary
inspections/appraisals.
5. How much money should I have saved up?
Answer: A good round number is 8k (for homes under 180k). That should handle
your money at closing as well as some moving expenses. Everyone’s deal is
different, so your needed number can be bigger or smaller.
6. Is it best for me to wait about a year before I buy?
Answer: Prices on homes is increasing every year, so waiting a year can cause you
to pay 10k more for the same size home next year as opposed to this year. If you
are qualified to buy, it is better for you in the long run to do so now.
7. If I buy a house and I need to move later, will I be stuck with the home?
Answer: Most homes are leaving the market within 1 month. You should have no
issue to sell the home should you chose to move. There is a shortage of available
homes, so quality properties are being snatched up quick with the appropriate
advertising/marketing.
8. How do I know that I’m not buying a house with problems?
Answer: I would never allow a client to buy a home without an inspection. The
inspection will detect any problems from plumbing to foundation to termites. If the
inspection comes back unsatisfactory, you can get out of the contract at no cost to
you.
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C
11-2-2015
Information About Brokerage Services
Texas law requires all real estate license holders to give the following informa!on about
brokerage services to prospec!ve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

.
· A BROKER is responsible for all brokerage ac!vi!es, including acts performed by sales agents sponsored by the broker.
· A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):
· Put the interests of the client above all others, including the broker’s own interests;
· Inform the client of any material informa!on about the property or transac!on received by the broker;
· Answer the client’s ques!ons and present any offer to or counter-offer from the client; and
· Treat all par!es to a real estate transac!on honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the
owner, usually in a wri#en lis!ng to sell or property management agreement. An owner's agent must perform the broker’s minimum
du!es above and must inform the owner of any material informa!on about the property or transac!on known by the agent, including
informa!on disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a
wri#en representa!on agreement. A buyer's agent must perform the broker’s minimum du!es above and must inform the buyer of any
material informa!on about the property or transac!on known by the agent, including informa!on disclosed to the agent by the seller or
seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par!es the broker must first obtain the wri#en
agreement of each party to the transac!on. The wri#en agreement must state who will pay the broker and, in conspicuous bold or
underlined print, set forth the broker's obliga!ons as an intermediary. A broker who acts as an intermediary:
· Must treat all par!es to the transac!on impar!ally and fairly;
· May, with the par!es' wri#en consent, appoint a different license holder associated with the broker to each party (owner and
buyer) to communicate with, provide opinions and advice to, and carry out the instruc!ons of each party to the transac!on.
· Must not, unless specifically authorized in wri!ng to do so by the party, disclose:
ᴑ that the owner will accept a price less than the wri#en asking price;
ᴑ that the buyer/tenant will pay a price greater than the price submi#ed in a wri#en offer; and
ᴑ any confiden!al informa!on or any other informa!on that a party specifically instructs the broker in wri!ng not to
disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transac!on without an agreement to represent the
buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:
· The broker’s du!es and responsibili!es to you, and your obliga!ons under the representa!on agreement.
· Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This no!ce is being provided for informa!on purposes. It does not create an obliga!on for
you to use the broker’s services. Please acknowledge receipt of this no!ce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or License No. Email Phone

Primary Assumed Business Name

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/ License No. Email Phone

Associate

Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Informa!on available at www.trec.texas.gov

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information IABS 1-0
Service, Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE
6EEACD85-6B23-4286-B130-263FDFCEF15C

WIRE FRAUD WARNING

USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS® IS NOT AUTHORIZED.
©Texas Association of REALTORS®, Inc. 2018

Buyers Beware:
Criminals are targeting real estate transactions.
Don’t be a victim of wire fraud.
What is wire fraud and how does it occur? Criminals are targeting real estate transactions by gaining
access to electronic communications or sending emails that appear to be from a real estate agent, a title
company, a lender, or another trusted source. These fraudulent emails seem legitimate and direct you to wire
funds to a fraudulent account. Once you wire funds to the fraudulent account, your money is gone.

How can you protect yourself from wire fraud? You should not send personal information, such as bank
account numbers or other financial information, via email or other unsecured electronic communication.

If you receive any electronic communication regarding wiring instructions, even if the communication appears
to come from a legitimate source, you should verify the communication’s authenticity prior to the transfer of
funds in person or via phone call using a recognized phone number that is not found in the communication.

Notice: This brokerage will never use any electronic communications, such as email, text messages, or
social media messages, to ask you to wire funds or provide personal information.

If you think you are being targeted in a wire fraud scam, immediately notify law enforcement, your
lender, the title company, and your agent.

This form was provided by: By signing below I acknowledge that I received, read,
and understand this information and notice.

Broker’s Printed Name Buyer Date

By:
Broker’s Associate’s Signature Date Buyer Date

(TAR 2517) 2-1-18 Page 1 of 1

This form is authorized for use by Derek Boles, a subscriber of the Houston Realtors Information Service,
Inc. MLS
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE

Legacy Homes & Properties, LLC | O: 281.787.2391 | F: 832.369.7662 | www.legacyhomesandproperties.net

Legacy Homes – A to Z condensed Summary

1. Get to know your client.
• Does your client need down payment assistance? Give referrals if needed.
b. Is your client prepared to submit earnest money and option fee? Give them an estimate.
c. Is your client prepared to submit closing costs. Give them an estimate.
d. Remind your client to mention any incentives to their loan Officer. (i.e. teacher, HPD, veteran,
etc. If the client is a veteran, remind them to obtain their award letter and DD214.)
e. Identify their preferred closing month/ when their lease is up.

2. Send them off to obtain their pre-approval letter and supplemental documentation.
• Let them know that the loan officer will be requesting their W2's, tax returns, and 401k statements
for the last 2 years. Additionally, the client will be asked to provide copies of ID's, social security
card and last 30 - 60 days of paystubs.

3. Face to Face Meet Up!

• Obtain pre-approval letter, Buyer Rep Agreement, and Information About Broker Services
• Obtain preferred zip codes, home preferences, send them your HAR app.
• Schedule home search to view 5+ homes. Let them know that this "field trip" can take up to 2 hours.
• Please advise against changing jobs and new charge accounts, to pays bills on time, to save
appropriate funds for closing, and against bringing additional parties throughout the home buying
process.

4. House Hunt!
• Send them homes that fit their budget and requests.
• Let them tell you their top 5 homes. Research them so that you're the expert in the room. At
minimum, know the comps, year built, sq.footage in comparison to the other options, and number of
bedrooms.
• Call the seller to find out if there are any considerable applications on file.
• Map out the homes, schedule them with CSS/Showtime. Send client the mapped out list, meet up
house, and time.
• Head out to view them. Share your notes about each home (I still carry my legacy pocket book. I
write the home code or notate if it's a supra on this.)
f. Ask them which home they'd like to submit a contract on. If they did not find one, repeat A. If they do,
formally submit w/ approval letter

Legacy Homes & Properties, LLC | Broker/Owner: Derek Boles, M.Ed. | dboles@legacyhomesandproperties.net
Fax: 832.369.7662 | Office Line: 281.787.2391 | www.legacyhomesandproperties.net | Assistant/Admin: 281.500.0498
Authentisign ID: 36EAFD14-F421-47DC-B1A8-4CBEF87B84FE

Legacy Homes & Properties, LLC | O: 281.787.2391 | F: 832.369.7662 | www.legacyhomesandproperties.net

5. Once Under Contract

• Send referrals for an inspector.
• Ensure the client turns in the earnest and option fee within the allotted time.
• 3. Have your client schedule the inspection as soon as possible.
• Let the client tell YOU what they'd like to negotiate after receiving the inspection report.
• Draw up an Amendment to reflect their requests.
• 4. Obtain Home Warranty Invoice from Buyer (if desired by the buyer). Email to Title Company upon
receipt.
• 5. Obtain Home Insurance quote from Buyer. Email to Lender upon receipt.
• 6. Put all parties on one email verifying the distributions of documents set to all parties. This helps
open up the lines of communication to keep everyone on the same page. Include the seller's agent,
title company, and loan Officer. See sample email attached. Maintain contact every 3-5 days until
closing.

Deadlines & Timelines to Meet

• 14 days until closing: Make sure title co has resale certificate, has ordered hoa if needed, has
ordered new survey if needed.
• 7 days until closing: Obtain Clear To Close (CTC) from lender.
• 3 days until closing: Obtain Initial Closing Disclosure (CD).
• Schedule Appointments:
o Seller agent: Final Walk Through. Generate Buyer Walk Through Acceptance form and obtain
e-signature. Email to seller agent upon receipt.
o Title Company: ask your buyer two preferred closing times. Submit the initial request to the
title company. If they cannot make that time, you already have a back up time request.
• Make sure everything is in back agent. Submit Funding Request.

Final Touches
• Show up to closing photo ready! Final CD will be provided along with compensation if table funding
was requested.
• Take a deep breath, pat yourself on the back, celebrate the win, and go obtain a new client to repeat
this process.

Legacy Homes & Properties, LLC | Broker/Owner: Derek Boles, M.Ed. | dboles@legacyhomesandproperties.net
Fax: 832.369.7662 | Office Line: 281.787.2391 | www.legacyhomesandproperties.net | Assistant/Admin: 281.500.0498