Our goal in each transaction is simple.
We want match a qualified buyer who is serious about making a purchase with a qualified seller who is serious about moving forward with a sale.
We DO NOT work with brokers, flippers, or option contract buyers.
When presenting an offer, we need to verify that you are a qualified buyer. There are three ways to verify your status as a qualified buyer:
1. Qualified Buyer Agreement: The easiest and most convenient way to become a qualified buyer on our platform is to sign our qualified buyer agreement. When you sign this agreement, it applies to all listings on our platform for any offer you submit. The contract only needs to be signed once and remains in effect until cancelled in writing. The qualified buyer agreement includes a 2.5% penalty if you fail to follow through after a PSA is signed. There is an exception allowed if title fails by more than 10% and a title report is provided to prove the title failure. Other terms and conditions apply.
2. Deposit: Prior to placing a property under contract you can put a $5,000 deposit down. This deposit is payable to Texas Royalty Brokers and will be held until the transaction is completed. This $5,000 deposit will be credited toward the commission owed, or partially refunded if the amount exceeds the commission owed. The deposit is only refundable if title fails by more than 10% and a title report is provided to prove the title failure.
3. 14 Day Close: If you can close on a transaction within 14 days, we do not require a qualified buyer agreement or a deposit. Please note that your contract must clearly state a 14 day (or less) close with no extensions allowed unless at the sole direction of the seller.
Important: If your due diligence period is over 14 days, you must sign the qualified buyer agreement or make a deposit before the seller fully executes a PSA.