I am not a TX licensed agent, and therefore cannot address the laws of agency which apply in your state. I would recommend that you gain a thorough understanding of the agency relationships that apply in your state, as it may have a substantial impact. Ms. Summers replies earlier that, absent a buyer agency agreement, the agent will be representing the seller. As a buyer, that would be unfavorable to you. As Ms. Summers suggests, you can draft buyer agency agreements for brief periods, even a day. Once you become acquatinted and confident with an agent, you can draft your agreement for a longer period of time. BTW, Tman in is neither a licensed agent, nor is he a resident of Texas, and he has a history of mulitple facutally inaccurate posts, so do consider thses facts before heeding any advice from him.
As a general statement, agents will work harder for the buyers with whom they have contractual agreements. Your best advice will come from those RE Pros in Texas, since agency relationships and the laws governing them vary state to state. There are many general questions on Trulia which can be answered equally well by persons from outside of the state of the question. In your case, I recommend that you place prioroty on the answers that come from RE Pros within Texas.
Best of luck
Yes, that's very normal in the real estate world. An agent works hardest for their clients whom they are representing their best interests. That's what the contract is all about.
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Your Realtor should give you a Information of Brokerage Service form, which shows you how agents work. This should help you see what a Realtor that represents your interest can do for you.
Then one of the Realtors had her sign this Buyer's representation agreement and she made an offer on a property I showed her. I will from now on get all my buyer's to sign these forms... It not only protects me but it does show the client that I am looking out for their best interest as well.
Try it for a limited time, like 45 days and see how it works. If you dont feel comfortable with the relationship going in, dont sign and find someone who you think is a better match. No matter who you go with, working with one agent is the best way to find your dream home!
Yes, that's the typical scenario that agents would prefer ... but it certainly doesn't help you and it's not to your advantage..
Like any marriage in life, you have the honeymoon .. you may not see eye to eye for the first 3 days or maybe even the first 2 weeks ... you might want a divorce in 10 days because of personality clashes or maybe because of strategy differences - which is common ...
Agents get paid for what they earn ... if the agent has earned your respect in a week or two, maybe sign a 30 day contract ... you might prefer working with more than one agent, who ever finds the "golden palace" wins the contract ...