Your Realtor RelationshipWhat Legal Responsibilities Do They Have to You?
Simple Yet So Savory!Judges’ Hill’s Crab Cakes
West AustinReal Estate Report
Ideas to Freshen Up Your Interior Design
January | February 2013
West Austin
All information is deemed reliable but not guaranteed.
If your home is currently listed, this is not a solicitation for that listing. Produced by UpscaleRealEstateMarketing.com • 877.660.0996
The Austin real estate market is changing daily.
If you are considering buying or selling a home,
there is NO substitute for experience and proven
performance. My hard work and dedication has
translated into being one of the Top Producers in
Austin real estate. As a long-time area resident,
I have extensive knowledge of the market,
neighborhoods and the area’s prestigious
properties. With over 20 years of sales and
marketing experience, my proven sales record,
business skills and innovative ideas, I am
confident in being your ideal choice for a realtor.
For a free consultation on what your
home may be worth, call me today.
www.StephanieNick.com
Stephanie Nick, Realtor®Million Dollar Guild, CLHMS
512.426.9183 [email protected]
FEATURED PROPERTIES
Your West AustinNeighbor and Realtor
Providing A Lifestyle, Not Just An Address.
WATERFRONT LIVING • Lake Austin
MEDITERRANEAN DREAM • Barton Creek
LAKE AUSTIN SERENITY • Lake Austin
SOUTH AUSTIN ORIGINAL • South Austin
JUST SOLD PROPERTIES
PRIVATE ESCAPE $1,395,000 • www.1100ExtonCv.com
ISLAND GETAWAY$2,995,000 • www.4609IslandCv.com
GREAT ESCAPE $399,900 • www.2907Noack.com
HIDDEN JEWEL$3,695,000 • www.2956WestlakeDr.com
Makingahomeunique,special,andpersonallyintuitivearechallengeseveryhomeownerencounterswhetherthehomeis1,500squarefeetor15,000squarefeet.Often,ahomeneedsjustatouchofglamour,orspecialvisualinterests,totakeitfrom“nice”to“knock-out!” Nomatterthesizeofthehomeorspace,therewillalwaysbecommonissuestocontendwith.Forexample,howtobringinteresttothatspace?Whatwillmakeahomeorspacestandapartfromanotherone?Howshouldlargespacesbefashionedtofeelmoreintimate?Howcansmallerspacesfeellarger? Designingahomeorspaceproperlycanalsobequiteaninvestment.Ifandwhenahomeownerdecidestoselltheproperty,thehomeshouldstandalonefromtheotherchoicesonthemarket.Creatingfascinatingandcompellingdetailsisoptimum,inthatthoseremarkableelementsandappealingdesignchoiceshopefullywillremaininthememoriesofthosewhoareviewingyourhome. Inmanyinstances,atouchofdramaisagreatwaytocreateinterestingspaces.Thetrickthough,istounderstandexactlywhatthatmeansandhowtoachieveit.Forlargerspaces,thereisusuallyabitofastrongerchallenge,butproperlydesigningthespacewillcertainlyincludefocusingonatleastoneareaintheroomtoaddthattouchofdrama.Fireplaces,interestingart,importantpiecesoffurniture,beautifulviewsandconversationareaswillhelpdeterminethosefocalpoints. Theoppositewillbetruewhendesigningsmallerspaces.Inthiscasethechallengeisusuallytomakethespacefeellarger.Thebestwaytoachievethismaybetosimplify.Forasmallerspace,thismaybeachievedbydeterminingafocalpointintheroomandaddressingitwithsomethingthatwilldemandattentionwhensomeoneentersthespace. Whenincorporatingsomedrama,youmighttakeacuefromcurrentdesigntrends.Forcolor,the“newneutral”isdefinitelygray-notanicygray,butmoreofawarmgray.Thatgrayisbeingpairedwithallsortsofotherfashionablehuessuchasyellow,applegreen,andpurple.
Organicshapesversusgeometricorlinearlinesareon-trendnowandcanbeseeninfurnishings,fabricsandevenwalldécor.Wallpanelsinallsortsofmaterials,shapesandpatternsareawaytomakeabigimpact.CheckoutInterlockingRockpanelsbyModularArts.comforinspiration. AstatementheadboardintheMasterBedroomisanothersurewaytocreatedrama.Theseheadboardscanbeupholsteredinallsortsofgorgeousfabrics,craftedfromwoodorevenmadeoutofleather-upholsteredlargemosaicpieces. Often,theuseofinterestingtextureisallthat’snecessary.Asimplewallorothermundanearchitecturalelementcanbeabsolutelytransformedwiththeapplicationofmaterialssuchasstone,metal,tiles,crystals...theoptionsareaslimitlessasyourimagination! Now,getyourimaginationworkingonoverdriveandplantoputalittlepanacheinyourhome’sdesignaswell!
Debra May Himes, Principal of Debra May Himes Interior Design & Associates, LLC can be reached at DMHDesign.com.
By Debra May Himes, ASID, LEED AP
INGREDIENTS
1lb.lumpcrabmeat,fullycooked
1lemon
1egg,beaten
2tsp.OldBayseasoning
pinchofsalt
10saltinecrackers,pulverized
2Tbs.mayo
2oz.yellowonion,smalldiced,
andcookedthoroughly
2Tbs.canolaoil
PROCEDURE
Combineegg,mayo,lemonjuiceandzest,
salt,andOldBayinabowl.Addcooled
onionsandsaltinestomixture.Gentlyfoldin
crabmeat.Allowmixturetorestinrefrigerator
for20minutes.Forminto2oz.patties,tightly
packed.Placeonpapertowelsbefore
searinginahotpan.Searbothsidesinahot
non-stickpanwithcanolaoil.Placeinovenat
350degreesfor5minutesoruntilaninternal
temperatureof160degreesisreached.
Yield: Eight 2 oz. crab cakes
It’simportanttounderstandwhatlegalresponsibilitiesyourrealestatesalespersonhastoyouandtootherpartiesinthetransaction.Askwhattypeofagencyrelationshipyouragenthaswithyou:
SELLER’S REPRESENTATIVE (also known as a listing agent or seller’s agent)Aseller’sagentishiredbyandrepresentstheseller.Allfiduciarydutiesareowedtotheseller.Theagencyrelationshipusuallyiscreatedbyalistingcontract.
BUYER’S REPRESENTATIVE (also known as a buyer’s agent)Abuyer’sagentishiredbyprospectivebuyerstorepresenttheminarealestatetransaction.Thebuyer’srepworksinthebuyer’sbestinterestthroughoutthetransactionandowesfiduciarydutiestothebuyer.Thebuyercanpaythelicenseedirectlythroughanegotiatedfee,orthebuyer’srepmaybepaidbythesellerorthroughacommissionsplitwiththeseller’sagent.
SUBAGENTAsubagentowesthesamefiduciarydutiestotheagent’scustomerastheagentdoes.Subagencyusuallyariseswhenacooperatingsalesassociatefromanotherbrokerage,whoisnotthebuyer’sagent,showspropertytoabuyer.Insuchacase,thesubagentworkswiththebuyerasacustomerbutowesfiduciarydutiestothelistingbrokerandtheseller.Althoughasubagentcannotassistthebuyerinanywaythatwouldbedetrimentaltotheseller,abuyer/customercanexpecttobetreatedhonestlybythesubagent.Itisimportantthatsubagentsfullyexplaintheirdutiestobuyers.SubagencyisnotcommoninTexas.
DISCLOSED DUAL AGENTDualagencyisarelationshipinwhichthebrokeragefirmrepresentsboththebuyerandthesellerinthesamerealestatetransaction.Texasdoesnotallowdualagency,butratherintermediary,inwhichtheconsentmustbeinwriting.Dualagencyrelationshipsdonotcarrywiththemallofthetraditionalfiduciarydutiestoclients.Instead,dualagentsowelimitedfiduciaryduties.Becauseofthepotentialforconflictsofinterestinadual-agencyrelationship,it’svitalthatallpartiesgivetheirinformedconsent.Discloseddualagency,inwhichboththebuyerandtheselleraretoldthattheagentisrepresentingbothofthem,islegalinmostotherstates.
DESIGNATED AGENT (also called appointed agent)Thisisabrokeragepracticethatallowsthemanagingbrokertodesignatewhichlicenseesinthebrokeragewillactasanagentofthesellerandwhichwillactasanagentofthebuyer.Designatedagencyavoidstheproblemofcreatingadual-agencyrelationshipforlicenseesatthebrokerage.Thedesignatedagentsgivetheirclientsfullrepresentation,withalloftheattendantfiduciaryduties.Thebrokerstillhastheresponsibilityofsupervisingbothgroupsoflicensees.
NON-AGENCY RELATIONSHIP (called, among other things, a transaction broker or facilitator)Somestatespermitarealestatelicenseetohaveatypeofnon-agencyrelationshipwithaconsumer.Theserelationshipsvaryconsiderablyfromstatetostate,bothastothedutiesowedtotheconsumerandthenameusedtodescribethem.Verygenerally,thedutiesowedtotheconsumerinanon-agencyrelationshiparelessthanthecomplete,traditionalfiduciarydutiesofanagencyrelationship.InTexas,anon-agencyrelationshipisnotpracticed.Instead,aRealtorinTexaseitherrepresentsthebuyer,theseller,orisinanintermediaryrelationship.
Source: REALTORMag. Official Magazine of the National Association of REALTORS.® www.realtor.org
TheLionKingBassConcertHall,January16th–February10th800.731.7469|Austin.Broadway.comIt’saperformancethat’svisuallystunning,technicallyastoundingandwithamusicalscorelikenoneotheryou’veeverheard.Theentiresavannahcomestolifeandasthemusicsoars,PrideRockslowlyemergesfromthemist.TheTony®Award-winningBroadwaysensationoffersabreathtakingspectacleofanimalsbroughttolifebyacastofmorethan40actors.And,enjoyanunforgettablescoreincludingEltonJohnandTimRice’sOscar®-winningsong“CanYouFeeltheLoveTonight”and“CircleofLife.”
DellChildren’sGalaAustinConventionCenter,January26th512.324.0169|ChildrenAustin.orgBenefittingtheDellChildren’sMedicalCenterofCentralTexasisoneofthemostanticipatedannualfundraisingeventsinAustin.Eachyear,proceedsfromtheGalaprovidemorethan$1milliontotheMedicalCenter’sareaofgreatestneed.Thisyear’seventwillincludelivemusic,silentandliveauctions,dinneranddancingwithmorethan1,000privatesupportersandmembersofthemedicalcommunity.
TheMarriageofFigaroDellHall,January31st–February3rd512.472.5992|AustinLyricOpera.orgDon’tmissopera buffa(comicopera)atitsbestwithMozart’shilariousstoryfilledwithschemes,masqueradesandmistakenidentities.TheinfamousFigaro,hisbride-to-beSusanna,andtheCountessconspiretoexposeandembarrassthecunning,skirt-chasingCount.
RodeoAustinGalaPalmerEventsCenter,February9th512.919.3005|RodeoAustin.comAsoneofAustin’slargestblacktieaffairs,theGalaofferscocktailsandhorsd’oeuvrescoupledwithoutstandingentertainmentandluxurioussilentauctionitems.Anticipatedtobeoneofthepremiereventsoftheyear,thewho’swhooftheAustincommunitywillmix,mingleandpartyforacharitablecause.Multi-platinumartistDierksBentleywillbetheheadlineentertainment.
LIVESTRONGAustinMarathon&Half-MarathonDowntownAustin,February17th512.476.7223|YourAustinMarathon.comWhetheryourunthe5K,half-marathonorthefull26.2-milemarathon,you’resuretofeelahugedoseofaccomplishment!Theeventincludesaweekend-longexpo,andofcourse,aFinishFestivalwithliveon-stageentertainment.Notarunner?Joininthefunwithnumerousvolunteeropportunities.
JANUARY|FEBRUARY2013
GULF COAST CRAB CAKES
FeaturingJudges’HillRestaurant&Bar512.495.1857IJudgesHillRestaurant.com
In Good Taste Event Calendar
UNDERSTANDING AGENCY RELATIONSHIPS
Makingahomeunique,special,andpersonallyintuitivearechallengeseveryhomeownerencounterswhetherthehomeis1,500squarefeetor15,000squarefeet.Often,ahomeneedsjustatouchofglamour,orspecialvisualinterests,totakeitfrom“nice”to“knock-out!” Nomatterthesizeofthehomeorspace,therewillalwaysbecommonissuestocontendwith.Forexample,howtobringinteresttothatspace?Whatwillmakeahomeorspacestandapartfromanotherone?Howshouldlargespacesbefashionedtofeelmoreintimate?Howcansmallerspacesfeellarger? Designingahomeorspaceproperlycanalsobequiteaninvestment.Ifandwhenahomeownerdecidestoselltheproperty,thehomeshouldstandalonefromtheotherchoicesonthemarket.Creatingfascinatingandcompellingdetailsisoptimum,inthatthoseremarkableelementsandappealingdesignchoiceshopefullywillremaininthememoriesofthosewhoareviewingyourhome. Inmanyinstances,atouchofdramaisagreatwaytocreateinterestingspaces.Thetrickthough,istounderstandexactlywhatthatmeansandhowtoachieveit.Forlargerspaces,thereisusuallyabitofastrongerchallenge,butproperlydesigningthespacewillcertainlyincludefocusingonatleastoneareaintheroomtoaddthattouchofdrama.Fireplaces,interestingart,importantpiecesoffurniture,beautifulviewsandconversationareaswillhelpdeterminethosefocalpoints. Theoppositewillbetruewhendesigningsmallerspaces.Inthiscasethechallengeisusuallytomakethespacefeellarger.Thebestwaytoachievethismaybetosimplify.Forasmallerspace,thismaybeachievedbydeterminingafocalpointintheroomandaddressingitwithsomethingthatwilldemandattentionwhensomeoneentersthespace. Whenincorporatingsomedrama,youmighttakeacuefromcurrentdesigntrends.Forcolor,the“newneutral”isdefinitelygray-notanicygray,butmoreofawarmgray.Thatgrayisbeingpairedwithallsortsofotherfashionablehuessuchasyellow,applegreen,andpurple.
Organicshapesversusgeometricorlinearlinesareon-trendnowandcanbeseeninfurnishings,fabricsandevenwalldécor.Wallpanelsinallsortsofmaterials,shapesandpatternsareawaytomakeabigimpact.CheckoutInterlockingRockpanelsbyModularArts.comforinspiration. AstatementheadboardintheMasterBedroomisanothersurewaytocreatedrama.Theseheadboardscanbeupholsteredinallsortsofgorgeousfabrics,craftedfromwoodorevenmadeoutofleather-upholsteredlargemosaicpieces. Often,theuseofinterestingtextureisallthat’snecessary.Asimplewallorothermundanearchitecturalelementcanbeabsolutelytransformedwiththeapplicationofmaterialssuchasstone,metal,tiles,crystals...theoptionsareaslimitlessasyourimagination! Now,getyourimaginationworkingonoverdriveandplantoputalittlepanacheinyourhome’sdesignaswell!
Debra May Himes, Principal of Debra May Himes Interior Design & Associates, LLC can be reached at DMHDesign.com.
By Debra May Himes, ASID, LEED AP
INGREDIENTS
1lb.lumpcrabmeat,fullycooked
1lemon
1egg,beaten
2tsp.OldBayseasoning
pinchofsalt
10saltinecrackers,pulverized
2Tbs.mayo
2oz.yellowonion,smalldiced,
andcookedthoroughly
2Tbs.canolaoil
PROCEDURE
Combineegg,mayo,lemonjuiceandzest,
salt,andOldBayinabowl.Addcooled
onionsandsaltinestomixture.Gentlyfoldin
crabmeat.Allowmixturetorestinrefrigerator
for20minutes.Forminto2oz.patties,tightly
packed.Placeonpapertowelsbefore
searinginahotpan.Searbothsidesinahot
non-stickpanwithcanolaoil.Placeinovenat
350degreesfor5minutesoruntilaninternal
temperatureof160degreesisreached.
Yield: Eight 2 oz. crab cakes
It’simportanttounderstandwhatlegalresponsibilitiesyourrealestatesalespersonhastoyouandtootherpartiesinthetransaction.Askwhattypeofagencyrelationshipyouragenthaswithyou:
SELLER’S REPRESENTATIVE (also known as a listing agent or seller’s agent)Aseller’sagentishiredbyandrepresentstheseller.Allfiduciarydutiesareowedtotheseller.Theagencyrelationshipusuallyiscreatedbyalistingcontract.
BUYER’S REPRESENTATIVE (also known as a buyer’s agent)Abuyer’sagentishiredbyprospectivebuyerstorepresenttheminarealestatetransaction.Thebuyer’srepworksinthebuyer’sbestinterestthroughoutthetransactionandowesfiduciarydutiestothebuyer.Thebuyercanpaythelicenseedirectlythroughanegotiatedfee,orthebuyer’srepmaybepaidbythesellerorthroughacommissionsplitwiththeseller’sagent.
SUBAGENTAsubagentowesthesamefiduciarydutiestotheagent’scustomerastheagentdoes.Subagencyusuallyariseswhenacooperatingsalesassociatefromanotherbrokerage,whoisnotthebuyer’sagent,showspropertytoabuyer.Insuchacase,thesubagentworkswiththebuyerasacustomerbutowesfiduciarydutiestothelistingbrokerandtheseller.Althoughasubagentcannotassistthebuyerinanywaythatwouldbedetrimentaltotheseller,abuyer/customercanexpecttobetreatedhonestlybythesubagent.Itisimportantthatsubagentsfullyexplaintheirdutiestobuyers.SubagencyisnotcommoninTexas.
DISCLOSED DUAL AGENTDualagencyisarelationshipinwhichthebrokeragefirmrepresentsboththebuyerandthesellerinthesamerealestatetransaction.Texasdoesnotallowdualagency,butratherintermediary,inwhichtheconsentmustbeinwriting.Dualagencyrelationshipsdonotcarrywiththemallofthetraditionalfiduciarydutiestoclients.Instead,dualagentsowelimitedfiduciaryduties.Becauseofthepotentialforconflictsofinterestinadual-agencyrelationship,it’svitalthatallpartiesgivetheirinformedconsent.Discloseddualagency,inwhichboththebuyerandtheselleraretoldthattheagentisrepresentingbothofthem,islegalinmostotherstates.
DESIGNATED AGENT (also called appointed agent)Thisisabrokeragepracticethatallowsthemanagingbrokertodesignatewhichlicenseesinthebrokeragewillactasanagentofthesellerandwhichwillactasanagentofthebuyer.Designatedagencyavoidstheproblemofcreatingadual-agencyrelationshipforlicenseesatthebrokerage.Thedesignatedagentsgivetheirclientsfullrepresentation,withalloftheattendantfiduciaryduties.Thebrokerstillhastheresponsibilityofsupervisingbothgroupsoflicensees.
NON-AGENCY RELATIONSHIP (called, among other things, a transaction broker or facilitator)Somestatespermitarealestatelicenseetohaveatypeofnon-agencyrelationshipwithaconsumer.Theserelationshipsvaryconsiderablyfromstatetostate,bothastothedutiesowedtotheconsumerandthenameusedtodescribethem.Verygenerally,thedutiesowedtotheconsumerinanon-agencyrelationshiparelessthanthecomplete,traditionalfiduciarydutiesofanagencyrelationship.InTexas,anon-agencyrelationshipisnotpracticed.Instead,aRealtorinTexaseitherrepresentsthebuyer,theseller,orisinanintermediaryrelationship.
Source: REALTORMag. Official Magazine of the National Association of REALTORS.® www.realtor.org
TheLionKingBassConcertHall,January16th–February10th800.731.7469|Austin.Broadway.comIt’saperformancethat’svisuallystunning,technicallyastoundingandwithamusicalscorelikenoneotheryou’veeverheard.Theentiresavannahcomestolifeandasthemusicsoars,PrideRockslowlyemergesfromthemist.TheTony®Award-winningBroadwaysensationoffersabreathtakingspectacleofanimalsbroughttolifebyacastofmorethan40actors.And,enjoyanunforgettablescoreincludingEltonJohnandTimRice’sOscar®-winningsong“CanYouFeeltheLoveTonight”and“CircleofLife.”
DellChildren’sGalaAustinConventionCenter,January26th512.324.0169|ChildrenAustin.orgBenefittingtheDellChildren’sMedicalCenterofCentralTexasisoneofthemostanticipatedannualfundraisingeventsinAustin.Eachyear,proceedsfromtheGalaprovidemorethan$1milliontotheMedicalCenter’sareaofgreatestneed.Thisyear’seventwillincludelivemusic,silentandliveauctions,dinneranddancingwithmorethan1,000privatesupportersandmembersofthemedicalcommunity.
TheMarriageofFigaroDellHall,January31st–February3rd512.472.5992|AustinLyricOpera.orgDon’tmissopera buffa(comicopera)atitsbestwithMozart’shilariousstoryfilledwithschemes,masqueradesandmistakenidentities.TheinfamousFigaro,hisbride-to-beSusanna,andtheCountessconspiretoexposeandembarrassthecunning,skirt-chasingCount.
RodeoAustinGalaPalmerEventsCenter,February9th512.919.3005|RodeoAustin.comAsoneofAustin’slargestblacktieaffairs,theGalaofferscocktailsandhorsd’oeuvrescoupledwithoutstandingentertainmentandluxurioussilentauctionitems.Anticipatedtobeoneofthepremiereventsoftheyear,thewho’swhooftheAustincommunitywillmix,mingleandpartyforacharitablecause.Multi-platinumartistDierksBentleywillbetheheadlineentertainment.
LIVESTRONGAustinMarathon&Half-MarathonDowntownAustin,February17th512.476.7223|YourAustinMarathon.comWhetheryourunthe5K,half-marathonorthefull26.2-milemarathon,you’resuretofeelahugedoseofaccomplishment!Theeventincludesaweekend-longexpo,andofcourse,aFinishFestivalwithliveon-stageentertainment.Notarunner?Joininthefunwithnumerousvolunteeropportunities.
JANUARY|FEBRUARY2013
GULF COAST CRAB CAKES
FeaturingJudges’HillRestaurant&Bar512.495.1857IJudgesHillRestaurant.com
In Good Taste Event Calendar
UNDERSTANDING AGENCY RELATIONSHIPS
Your Realtor RelationshipWhat Legal Responsibilities Do They Have to You?
Simple Yet So Savory!Judges’ Hill’s Crab Cakes
West AustinReal Estate Report
Ideas to Freshen Up Your Interior Design
January | February 2013
West Austin
All information is deemed reliable but not guaranteed.
If your home is currently listed, this is not a solicitation for that listing. Produced by UpscaleRealEstateMarketing.com • 877.660.0996
The Austin real estate market is changing daily.
If you are considering buying or selling a home,
there is NO substitute for experience and proven
performance. My hard work and dedication has
translated into being one of the Top Producers in
Austin real estate. As a long-time area resident,
I have extensive knowledge of the market,
neighborhoods and the area’s prestigious
properties. With over 20 years of sales and
marketing experience, my proven sales record,
business skills and innovative ideas, I am
confident in being your ideal choice for a realtor.
For a free consultation on what your
home may be worth, call me today.
www.StephanieNick.com
Stephanie Nick, Realtor®Million Dollar Guild, CLHMS
512.426.9183 [email protected]
FEATURED PROPERTIES
Your West AustinNeighbor and Realtor
Providing A Lifestyle, Not Just An Address.
WATERFRONT LIVING • Lake Austin
MEDITERRANEAN DREAM • Barton Creek
LAKE AUSTIN SERENITY • Lake Austin
SOUTH AUSTIN ORIGINAL • South Austin
JUST SOLD PROPERTIES
PRIVATE ESCAPE $1,395,000 • www.1100ExtonCv.com
ISLAND GETAWAY$2,995,000 • www.4609IslandCv.com
GREAT ESCAPE $399,900 • www.2907Noack.com
HIDDEN JEWEL$3,695,000 • www.2956WestlakeDr.com
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