Notice

TXR 1504 — Notice from Buyer's Agent to Seller

This notice is delivered by a buyer's agent to a seller when the buyer's agent is presenting an offer on behalf of their buyer client. It clearly discloses to the seller that the agent represents the buyer, not the seller, and explicitly lists the services the buyer's agent will NOT provide to the s

Source: TXR
Form Number: 1504
Category: Notice
Revised: August 23, 2024

Used For

Residential Sales, Commercial Sales, Farm & Ranch, Vacant Land

Form Outline

The TXR 1504 form is organized into the following sections:

  1. Header Information
    Identifies the parties and property involved in the notice: the seller receiving it, the buyer's broker delivering it, the property address, and the date.
  2. Purpose of Delivery
    States that the seller's own broker has asked the buyer's agent to deliver the enclosed offer.
  3. Client Disclosure
    Discloses that the agent's client is the buyer, not the seller.
  4. Material Information Obligation
    Warns the seller that anything they tell the buyer's agent will be communicated to the buyer.
  5. Services NOT Provided
    Explicitly lists seven categories of services the buyer's agent will NOT provide to the seller: opinions/advice, offer evaluation, drafting assistance, market information, contractual duty information, obligation completion assistance, and service provider referrals.
  6. Recommendation to Seek Counsel
    Encourages the seller to contact their own broker or attorney and reminds them that TREC rules require their listing broker to negotiate in their best interest.
  7. Broker Compensation Disclaimer
    A prominent disclaimer stating that broker compensation is fully negotiable and not set or controlled by any association, MLS, or listing service.

How RaiderX Agents Use This Form

When you upload a signed TXR 1504 to a deal in RaiderX's Deal Manager, it reads the form's key dates and terms and automatically builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing. Forms with a fill map also support e-signature directly inside RaiderX, so you can send this document for signature without leaving the platform.

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