This information has been secured from sources we believe to be reliable, but no representation is made by Imperium Holdings, L.P. as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of any of the properties listed on this web site. Although the information contained herein is believed by us to be correct, Imperium Holdings, L.P. and its employees and agents disclaim any and all liability for representations and warranties, express and implied, contained in, or for omission from, the information contained hereon or any other written or oral communications transmitted or made available to the recipient. Analysis and verification of information contained hereon is solely the responsible of the prospective purchaser. The owners of properties listed on this web site expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers regarding a listed property, and may terminate discussions with any prospective purchaser at any time with or without notice. Neither this web site, nor any offer or inquiry of a prospective purchaser reviewing this web site, nor any negotiations or discussions among an owner of the property or Imperium Holdings, L.P. or any broker of the property, shall be deemed to create a binding contract between the owner and the prospective purchaser.
The law requires that all real estate licensees present this information to prospective sellers landlords buyers or tenants.
Information about Brokerage Services
What to Know Before Working with a Real Estate Broker
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 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 subagency 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 with 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 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; and
" 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.
With the parties' consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under the Act and associated with the broker to communicate with and carry out instructions of the other party.
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.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee's records.
All Content herein is free to access. All information on www.imperium-
Imperium Holdings, LP and its affiliate companies (Imperium) are an equal opportunity employer. It is the policy of Imperium to afford equal employment opportunity to all individuals regardless of race, color, religion, sex, national origin, age, sexual orientation, disability, or disabled veteran, Vietnam era veteran, recently separated veteran, or other eligible veteran status. Imperium does not discriminate in any decision affecting employment or conditions of employment against any employee or applicant for employment because of any of these factors. All employment decisions are based on the principle of equal employment opportunity.