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Sterling Residential, Realtors
Houston BBB Online Reliability Program Member.
Printable PDF Document
Learn about our client service pledge and understand how we work for you.
Our Client Service Statement commits Sterling Residential, Realtors to quality services.
In client partnership, Sterling Residential,® Realtors®, a Texas-based brokerage, provides flexible, value-based service terms through professional, principled, and personalized real estate transaction management – from consultation, to contract, to closing.
Dedicated to consistent quality service, we work hand-in-hand to provide a transparent brokerage experience, whether you’re a 1st time homebuyer or knowledgeable investor. Your success and satisfaction is our overriding goal and our services are tailored to your individual needs.
Informed consumers make the most satisfied clients — before and after closing. Beginning with our initial free consultation, and continuing through your purchase or sale transaction, we provide steady support and communication throughout the process. Our work together forms the foundation for your informed decision-making.
We provide representation in accordance with the requirements of the Texas Real Estate Commission (TREC), offering a range of service and fee options that do not alter our fiduciary commitment to our clients.
With an emphasis on single-agency representation, we will work no in-house deals as Intermediary without the express authority of our clients. Intermediary, a form designated agency, can limit the Broker’s fiduciary duties to that of a transaction facilitator.
Our fees may be a fixed dollar amount, a percent of the purchase or sales price, a cooperative compensation agreement with a listing broker, an hourly charge for the broker’s time, or a combination of these. Additional pay or incentive bonuses earned during our relationship will be credited to you at closing, unless otherwise stated in the listing agreement. Our fees are set by individual policy and are not established by TREC or any other authority — brokerage fees are negotiable by law.
Our programs provide flexibility tailored to your needs; it’s our method for pricing our services according to your level of participation in the purchase and sale process. Our listing agreement details our respective cooperation and responsibilities, determining what services we’ll provide and stating what tools we’ll employ on your behalf. Limitations do apply – consult with the Broker for details.
We understand our obligation and affirmative duty to keep our clients informed by conveying accurate and timely information. Utilizing email, text messaging, and cell phone communications, the Broker is available to our clients for consultation throughout the process.
Through many hurdles and deadlines, we actively manage the transaction process from consultation to closing. Our due diligence efforts are committed to obtaining the information necessary for client decisions.
Subject to the terms and conditions of the listing agreement, clients may cancel our services in writing at any time during the listing term. Under certain conditions, a cancellation fee may apply.
Demonstrating our service commitment to principled brokerage service, we are licensed by TREC, and are members of the National Association of Realtors, the HAR Multiple Listing Service (HARMLS), and the BBB. We are dedicated to Equal Housing Opportunities and the principles of Fair Housing laws.
Today’s Houston real estate asking prices are derived from local market conditions based on comparable sales prices paid by home buyers in a particular neighborhood. Despite recent sales volume declines, prices are holding steady across Houston. While that may not be true for all Houston area neighborhoods, there hasn’t been an overall 15% drop in Houston home values. The housing supply is growing — tending to favor home buyers — but it hasn’t increased enough to force home sellers into large double-digit price reductions.
A Houston Chronicle Real Estate discussion posted a few weeks ago asked if Realtors share blame for the mortgage crisis unwinding across the country. Citing dual-licensed Realtors (those holding real estate and mortgage brokers licenses) as part of the problem, some forum participants pointed to the potential conflict of interest between real estate and mortgage brokerage as a reason for the mortgage crisis, while others stated that dual-licensed Realtors couldn’t adequately perform both jobs as agent and mortgage broker. Both could be valid points — yet, the number of Realtors holding a both a real estate and mortgage license isn’t large enough to have contributed to the mortgage crisis in a significant way.
While most housing market indicators have been tracking negative for months, Houston’s median home price for existing single-family housing is positively buoyant despite steady declines in sale volumes in recent months — the median price increased 1.5% in June 2008 when compared to last year. Houston’s residential real estate housing market sales were lower again in June 2008 with a year-to-year sales decline of 15.1% — the slowest June sales volume since 2004. Nationally, sales were down 15.5%. Sales declines were across most property and price classes with the single largest declines in homes priced between $80,000 and $200,000. Pending sales were down over 20% indicating that sales declines will continue. Inventory supply and DOM are up almost 10% in year-to-year comparisons.