NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B...

12
NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019 COLLINS MEIER [email protected] 214.526.3626 x 114 EDWARD BOGEL [email protected] 214.526.3626 x 102 DAVID DAVIDSON [email protected] 214.526.3626 x 101

Transcript of NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B...

Page 1: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

COLLINS [email protected] x 114

EDWARD [email protected] x 102

DAVID [email protected]

214.526.3626 x 101

Page 2: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

Property Overview

Size: ± 48.65 Acres

Zoning:E - Neighborhood CommercialR1 - Zero Lot Line / ClusterAG - Agriculture

Utilities: Available to site

Demographics:2019 Population 1 Mile: 10,5792019 Population 2 Mile: 28,5512019 Population 3 Mile: 76,272% Proj Growth 2019-2024 1 Mile: 0.53% Proj Growth 2019-2024 2 Mile: 0.74% Proj Growth 2019-2024 3 Mile: 0.77Total Daytime Population 1 Mile: 8,044Total Daytime Population 2 Mile: 31,732Total Daytime Population 3 Mile: 84,675Total Daytime Employees 1 Mile: 2,377Total Daytime Employees 2 Mile: 15,909Total Daytime Employees 3 Mile: 40,6522019 Median HH Income 1 Mile: $40,5972019 Median HH Income 2 Mile: $43,9682019 Median HH Income 3 Mile: $42,3672019 Average HH Income 1 Mile: $66,8052019 Average HH Income 2 Mile: $65,4452019 Average HH Income 3 Mile: $58,265Median Home Value 1 Mile: $178,856Median Home Value 2 Mile: $142,335Median Home Value 3 Mile: $116,268

Page 3: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

Of

a 44

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es t

ract

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out

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the

J.H

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calle

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es t

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bei

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ound

s as

fol

low

s:

BEG

INN

ING

at

foun

d 5/

8" ir

on r

od a

t th

e so

uthe

ast

corn

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id K

enne

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act

and

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ight

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emen

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rec

orde

d in

Vol

ume

4219

, Pag

e 26

0, O

.P.R

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or t

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outh

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and

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tra

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CE

S 54

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7.22

fee

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ong

the

nort

h lin

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d T.

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ht o

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ay t

o a

foun

d 5/

8" ir

on r

od in

the

nort

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way

line

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Ran

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sam

e be

ing

the

nort

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rner

of

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el 2

A as

con

veye

d to

the

City

of

Fort

Wor

th in

Vol

ume

9236

, Pag

e 14

7, O

.P.R

.T.C

.T.,

for

a co

rner

of

this

tra

ct.

THEN

CE

alon

g th

e no

rth

righ

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line

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the

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n ar

c di

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feet

and

a c

hord

whi

ch b

ears

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7°0

3'59

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estm

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ile N

o. D

2170

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for

the

sout

hern

mos

t co

rner

of

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tra

ct.

THEN

CE

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0°3

8'51

" W

324

.96

alon

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und

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rod

capp

ed "

Car

ter

Ale

do"

for

a co

rner

of

this

tra

ct.

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4" W

552

.08

alon

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rth

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aid

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. Inv

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tra

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onve

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orth

inV

olum

e 12

871,

Page

510

, O.P

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., fo

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ract

.

THEN

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0°4

8'26

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152

.36

feet

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ast

line

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aid

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es t

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to

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with

in t

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est

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the

nor

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est

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ract

.

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h th

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ing

the

com

mon

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cal

led

97.9

848

acre

s co

nvey

ed t

oN

ewel

l in

Vol

ume

9885

, Pag

e 87

8, O

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nd s

aid

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agem

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5.0

0 f

eet,

an a

rc d

ista

nce

of 2

49.2

2 fe

et, a

nd a

cho

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hich

bea

rs N

36°1

7'18

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240

.78

feet

to

a po

int

for

a co

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of

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tra

ct.

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h a

curv

e to

the

rig

ht w

ith

a ra

dius

of

410

0.0

0 f

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an a

rc d

ista

nce

of 6

15.5

8 fe

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cho

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hich

bea

rs N

14°3

7'37

" E

615.

00

fee

t to

a p

oint

for

a c

orne

r of

thi

s tr

act.

N 18°

55'4

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328

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feet

to

a po

int

for

a co

rner

of

this

tra

ct.

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h a

curv

e to

the

left

wit

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radi

us o

f 79

7.0

0 f

eet,

an a

rc d

ista

nce

of 2

47.4

7 fe

et a

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cho

rd w

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bea

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10°0

1'58"

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46.4

7 fe

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poin

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r a

corn

er o

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is t

ract

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01°

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1.50

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act.

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235.

00

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arc

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362

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90 f

eet

to a

poi

nt f

or a

cor

ner

of t

his

trac

t.N

89°

37'0

0"

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.82

feet

to

a po

int

in t

he w

est

line

of T

ract

2 a

s co

nvey

ed t

o Ta

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t C

ount

y W

ater

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trol

&Im

prov

emen

t D

istr

ict

No.

1 a

s de

scribe

d in

Vol

ume

8938

, Pag

e 46

6, O

.P.R

.T.C

.T.,

for

the

nort

heas

t co

rner

of

this

tra

ct.

THEN

CE

alon

g th

e co

mm

on li

ne o

f sa

id T

arra

nt C

ount

y W

ater

tra

ct &

sai

d Ken

nedy

Man

agem

ent

trac

t as

fol

low

s:S

00

°23'

00

" E

93.3

0 f

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to a

poi

nt f

or a

cor

ner

of t

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trac

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89°

37'0

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6.40

fee

t to

a f

ound

5/8

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rod

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nor

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st c

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thi

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act.

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00

" W

619

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feet

to

a fo

und

5/8"

iron

rod

for

a c

orne

r of

thi

s tr

act.

THEN

CE

S 48

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30"

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67.3

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et t

o th

e PO

INT

OF

BEG

INN

ING

.

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ring

s, D

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nces

, and

/or

Are

as d

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GN

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vation

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rfor

med

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rvey

ing,

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and

ref

lect

N.A

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983,

Tex

as S

tate

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ne C

oord

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e Sy

stem

, Nor

th C

entr

al Z

one

420

2. (G

rid)

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of F

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ark"

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led

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t.V

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. 431

"Public Right of W

ay"

Called 14,407 S

q. Ft.

V. 13495, P. 431

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dol M

ill R

oad

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cel 2

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V. 9

236,

P. 1

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ace

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.E.S

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ell

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led

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sV

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5, P

. 878

Tarr

ant

Cou

nty

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er C

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ent

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tric

t N

o. 1

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t 2

(a.k

.a. T

ract

2 -

Par

cel 7

)V

. 893

8, P

. 466

Tarrant County Water Control &

Improvement District No. 1

Tract 2 - V. 8938, P. 466

44.8

30 A

cres

Ken

nedy

Man

agem

ent,

LLC

C.F

. No.

D21

700

3525

015

030

045

0

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B2

B3

B4

B5

B6

B7

B8

B9B10

B11

B12

B13

B14

B15

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S 5

4°48

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W 10

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51"

W 3

24.9

6B4

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89°2

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shad

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"Zon

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"Zone AE" (floodway)

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shad

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Abs

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102

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Sur

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for

and

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sem

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and

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list

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mitm

ent

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170

4145

0N

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ere

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ewed

for

thi

s su

rvey

.

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s tr

act

is s

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ct t

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ing

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men

ts:

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of

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smn'

t V

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. (As

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wn)

City

of

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th E

smn'

t V

. 923

6, P

. 152

, R.P

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. (As

Sho

wn)

Wes

tfor

k Pi

pelin

e C

o. E

smn'

t V

. 170

88, P

. 136

, as

affe

cted

by

D20

500

8466

, R.P

.R.T

.C.T

.C

ity o

f Fo

rt W

orth

Esm

n't

D21

5015

018

, R.P

.R.T

.C.T

. (Po

or D

escr

iptio

n)

Thi

s tr

act

is s

ubje

ct t

o th

e fo

llow

ing

Doc

umen

ts a

nd A

gree

men

ts:

Tex

as W

ater

Com

mis

sion

V. 8

537,

P. 3

77 R

.P.R

.T.C

.T..

Tar

rant

Cou

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SURVEY

Page 4: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

SURVEY

Page 5: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

ZONING EXHIBIT

Page 6: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

FLOOD EXHIBIT

Page 7: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

STORM WATER EXHIBIT

Page 8: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

WATER - SEWER EXHIBIT

Page 9: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with

respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2019

NEQ of Randol Mill Rd. & Woodhaven Blvd. COMMERCIAL LAND FOR SALEFort Worth, Texas | Tarrant County

Page 10: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

Approved by the Texas Real Estate Commission for Voluntary Use. Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

INFORMATION ABOUT BROKERAGE SERVICES: 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 the 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.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant

01A TREC No. OP-K

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent 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.

(4) 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 that Act and associated with the broker to communicate with and carry out instructions of the other party.

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 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 the 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:(1)shall treat all parties honestly;(2) 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; buyer: and(3) 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

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.

Date

Page 11: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

11-2-2015

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon 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 wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen 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 instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng 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 transacƟon 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

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

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Davidson Bogel Real Estate, LLC 9004427 [email protected] 214-526-3626

Michael Edward Bogel II 598526 [email protected] 214-526-3626

Collins Meier 714822Email

[email protected] 214-526-3626

N/A N/A N/A N/A

Page 12: NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | … · 2020-02-06 · NE R M R W B COMMERCIAL LAND FOR SALE Fort Worth, Texas | Tarrant County Any projections used are speculative

11-2-2015

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon 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 wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen 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 instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng 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 transacƟon 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

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

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Davidson Bogel Real Estate, LLC 9004427 [email protected] 214-526-3626

Michael Edward Bogel II 598526 [email protected] 214-526-3626

David Davidson JR. 593731 [email protected] 214-526-3626

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