TREC #9010504
Call Us! (682) 777-3950
BUYER PRESENTATION
Your Dallas Fort Worth Texas
Real Estate Agent
BUYER PRESENTATION
Presented by
Tricia Madrid, Sr. Agent
Dear Buyer,
We appreciate your interest in our services. We're looking forward to visiting with you more and we are ready to address any questions you may have after reviewing this information.
Partnering with our team will provide you with clarity and assurance throughout your home-buying journey. Please take a moment to explore this page to discover the numerous benefits we offer to all our clients.
We look forward to connecting with you and serving your Real Estate needs now and for many years to come.
Tricia Madrid
Get to Know Tricia Madrid
Meet Tricia Madrid, your trusted Texas Elite Team real estate agent. With over 25 years of experience in the industry, Tricia has helped countless clients find their perfect home or investment property. Her expertise in the Dallas-Fort Worth market and dedication to providing exceptional customer service have earned her a reputation as one of the top agents in the area.
Tricia understands that buying or selling a home can be stressful and overwhelming, so she works tirelessly to make the experience as smooth and enjoyable as possible for her clients. She takes the time to listen to their needs and concerns and uses her knowledge and expertise to guide them through every step of the process.
Whether you're a first-time homebuyer or a seasoned investor, Tricia has the skills and experience to help you achieve your real estate goals.
Agent Introduction Video
Selecting the right agent is a crucial part of your real estate journey. I invite you to take a moment to get to know me better by watching this short video.
The Operational Team
I am supported by an exceptional team of real estate experts, elevating the quality of my services to unmatched heights. My highly trained team guarantees a smooth journey from the initial consultation to the final closing, and beyond.
Powered by Divvy Realty, llc
Divvy Realty, LLC is a pioneering real estate firm committed to redefining the residential real estate landscape. We believe in the power of combining state-of-the-art technology with the personalized service of seasoned real estate professionals. Our core strengths lie in our innovative, user-friendly platform that enhances efficiency and our dedicated team that prioritizes client satisfaction. At Divvy Realty, we hold strong values of integrity, transparency, and excellence, ensuring a seamless and rewarding home buying and selling experience. Our mission is to empower our agents and provide unparalleled service to our clients, making every real estate transaction smooth and successful.
The Divvy Story
Divvy Homes, the parent company of Divvy Realty, LLC, was founded with a mission to revolutionize the home buying process. By offering a unique rent-to-own model, Divvy Homes provides a pathway to homeownership for those who may not qualify for traditional mortgages. This innovative approach has allowed Divvy Homes to rapidly expand and become a leading player in the real estate industry. With a focus on transparency, flexibility, and customer satisfaction, Divvy Homes has established itself as a trusted and reliable partner for individuals looking to achieve their dream of owning a home.
Cofounders & CEO Adena Hefets has grown the company to a $1.74 Billion PropTech Company. Divvy Homes continues to grow and evolve, driven by a commitment to excellence and a dedication to improving the home buying experience for all.
Achievements and Accolades:
Our Success Stories
Join us in celebrating Tricia Madrid's outstanding accomplishments at Divvy Realty!
Best Agents Real Estate Expert in Excellence & Integrity 2024
Ranked as the #1 Top Units Sold in the Dallas Market in 2023
Ranked as the #2 Top Gross Commission Income in the Dallas Market in 2023
Ranked as the # 1 Top Gross Commission Income in the Dallas Market in 2022
Ranked as the #1 Top Units Sold in the Dallas Market in 2022
Ranked as the # 1 Top Gross Commission Income in the Dallas Market in 2021
Ranked as the #1 Top Units Sold in the Dallas Market in 2021
Tricia's dedication and expertise have distinguished her as a Senior Real Estate Agent. Tricia is supported by an exceptional team of real estate experts, elevating the quality of my services to unmatched heights. Her highly trained team guarantees a smooth journey from the initial consultation to the final closing, and beyond.
My Designations & Certifications
Explore the extensive certifications and designations earned by Tricia in the realm of real estate. From Accredited Buyer Representative (ABR) to Resort & Second Home Property Specialist (RSPS) and many more, Tricia's qualifications showcase her dedication to excellence and diversity in serving various client needs. Her expertise ensures top-notch service, whether for negotiating deals, advising on pricing strategies, or managing specialized property transactions.
With over 500 industry-related courses and numerous Mortgage and Real Estate Designations, Tricia is dedicated to continually advancing her knowledge to better serve her clients. Her commitment to professional growth ensures that she is always equipped with the latest insights and expertise, providing unparalleled service and guidance in every real estate transaction.
Why Choose Us
We pride ourselves on:
all of which contribute to delivering outstanding results.
Our proven track record,
In-depth knowledge of the local market,
Expert negotiation skills,
Superior marketing strategies.
Leveraging cutting-edge technology and access to a professional network,
We ensure our clients save time and energy.
Exceptional customer service,
Strategic planning,
Attention to detail,
Effective communication,
Our Notable Sales
All of our Customers are notable however we are proud of statistics for each home as every sales offers unique attributes and we deliver value to our customers over and over again.
We pride ourselves on the successful closings we have had over the years! For a full list of our closings please make your request to Tricia Madrid, Sr. Realtor and team lead with Texas Elite Team
The Buying Process
Here’s a glimpse of what you can anticipate throughout the entire home-buying process, from beginning to end.
Expert Market Knowledge
Strong Communication Skills
Top-notch Negotiation Skills
Client-Centered Approach
To ensure a seamless and efficient real estate journey.
Recommended Mortgage Professionals
If you’re planning to finance your purchase, securing a pre-approval for a loan is essential. We recommend working with a local lender who is well-versed in our market dynamics. It's a good idea to consult with several lenders to compare their various terms and programs.
Below is a list of top-notch mortgage professionals who can assist you. We have personally collaborated with them and can attest to their expertise. Feel free to reach out to them by phone or email, and be sure to mention our referral for a faster response and a seamless process.
Market Trends
At Texas Elite Team, we stay ahead of the curve by continuously monitoring market trends. Our team leverages the latest data and insights to keep you informed about the ever-changing real estate landscape. By analyzing current market conditions, pricing trends, and neighborhood developments, we provide you with a comprehensive understanding of the market. This enables us to offer strategic advice and ensure you make well-informed decisions, whether you are buying or selling your home.
Sales Price
Days on Market
Price Per Square Foot
Months Supply
New Listings
Pending Sales
Closed Sales
Shows to Pending
Homes For Sale
And so much more
Title Policy Reports & Public Records
A title policy report, also known as a title insurance report, is a document provided by a title company that outlines the legal status of a property's ownership. It details any liens, encumbrances, easements, or other issues that could affect the ownership or transfer of the property. This report is crucial for ensuring that the seller has a clear title to the property and can legally transfer it to the buyer without any hidden claims or disputes. Title insurance is then issued based on this report to protect the buyer and lender against any future title defects.
Public records include a wide range of data, such as property deeds, mortgage documents, liens, court records, and tax assessments. Public records are used to verify the legal status of a property, its ownership history, and any outstanding claims or encumbrances against it. Provides vital information about the property and its history.
How to Hold Title
Whether you're single, married, or co-owning property, how you hold title—your 'vesting of title'—directly impacts how you sign closing papers and finalize transactions. Understanding your ownership type, whether it's joint tenants, community property, or with right of survivorship, ensures a smooth and legally sound process.
Sole Ownership
Joint Tenancy
Tenancy in Common
Community Property
Partnership
If you have any additional questions on this topic your best resource would be your escrow office at the Title Company you will be closing with. The title company contact information is listed under the Title Policy section of your contract.
The NAR Settlement -
What's all the Hype?
The settlement addresses anticompetitive issues in real estate commissions. NAR and prominent firms have agreed to a $418 million settlement and guidelines for clearer commission structures. This signals a move towards greater transparency in agent commissions, providing sellers with more fee control and potentially altering buyer agent compensation. The goal is to improve market transparency and equity in real estate deals.
Understanding the Purchase Contract
When preparing your offer, you'll face several important decisions. The purchase price is a significant factor, but you'll also need to consider other terms, such as inspections and contingency periods. When the time comes, we will guide you through the purchase agreement and help you craft a winning offer.
Take a look at this sample Purchase Agreement to get acquainted with it before making your offers.
Due Diligence & Seller Property Disclosures
You've found your dream home - what's next? The next step is to reach out to us for the seller property disclosures so you can begin your due diligence.
State and city laws mandate that specific seller disclosures be included in every property transfer. While many of these disclosures are standard advisories used statewide, they are all important to review. Sellers provide their knowledge of the property through a seller property disclosure and other supporting documents; they may also offer various inspections, such as pest/termite inspections or home inspections.
We are here to guide you through the seller property disclosures and advise you on conducting thorough due diligence. Here are the contents you can expect to find in standard seller property disclosures.
Writing the Winning Offer
Crafting a winning offer involves multiple components (hint: it's not always about the highest price!). I have a variety of proven tactics and strategies to increase the chances of your offer being accepted, which we'll go over in detail.
We can't reveal all our secret strategies here, can we? But don't worry.... We will share these with you when we are strategizing how we will write up your Best Offer.
What do Closing Costs Include?
The term 'closing costs' refers to the expenses a buyer incurs to complete the purchase. These costs include lender fees, escrow fees, title insurance, prorated property taxes, homeowner's insurance, and prorated HOA dues (if applicable).
Here’s an example of an Estimated Buyer's Settlement Statement. Keep in mind, each estimate varies based on the property details, down payment amount, and closing month (for tax proration purposes). Upon acceptance of your offer, you’ll put your deposit into escrow. Just before closing, you’ll need to provide the remaining funds, which include the balance of your down payment and all associated fees. We’ll guide you through each step of this process.
And here's some great news: buyers typically don't pay any commission for agent representation - that's usually covered by the seller.
Learn about Property Taxes
If you're not familiar with how property taxes align with the fiscal year, here's a handy chart to help you out. Some lenders may require the borrower/buyer to set up "impound accounts" at the close of escrow. This means a monthly amount is added to your mortgage payment to cover your yearly property tax bill.
Many buyers appreciate this arrangement as it spreads the tax payments into manageable monthly amounts, and the lender takes care of sending the funds to the assessor. However, if you opt out of impound accounts, your tax bill will be mailed directly to you and is due twice a year. Make sure to pay on time to avoid hefty penalties for late payments.
Sample Buyer Representation Contract
Gone are the days when you could casually call a Realtor to show you a home or two without any formal agreement. Due to recent changes in the industry, Realtors are now required to have a signed Representation Agreement before showing you even one property. However, this agreement brings significant benefits to you, including... (list top benefits here). You can review a copy of the agreement here.
Expert Negotiation Skills
Market Knowledge
Access to Exclusive Listings
Guidance Through the Process
Advocacy and Protection
You can review a copy of the agreement here.
Your Homes Value
At Texas Elite Team, we believe in innovative solutions and going beyond the ordinary. Our Moving Concierge Services are tailored to ensure your moving experience is seamless and hassle-free. From coordinating logistics to sourcing trustworthy movers and helping you settle into your new home, our dedicated team is committed to providing the exceptional support and personalized assistance you won't find elsewhere. We take pride in offering benefits that truly set us apart, ensuring every aspect of your move is handled with care and expertise. Let us take the stress out of your move and make it a smooth and successful transition.
Internet
Satellite/Cable TV
Home Security Systems
Electricity
City Utilities
Gas
Insurance
Movers
Smart Home Automation
Home Warranty
Solar
and USPS Mail
Trusted Providers
Finding the right service provider can be daunting. To simplify your decision-making process, we've curated a list of trusted professionals whom we confidently recommend for your specific needs.
Inspectors
Handyman
Pool Cleaners
Tree Trim / Landscaping
Roofers
and so much more.....
As with any service recommendation, I encourage you to do your own due diligence. While I rely on testimonials from previous clients and professional ratings, I may not have personal experience with these companies. Ensuring they meet your specific needs is important for a smooth experience.
Client Testimonials
Here's what people are saying about us online. Please click the links to read more testimonials.
Tricia Madrid is a one-of-a-kind! Tricia went above and beyond with the amount of time she has spent in assuring my family find our, “forever home.” She listened to and addressed all of our needs and wants. Tricia wasn’t in this for just a, “quick sale.” Her knowledge, expertise and professionalism is unmatched. Choose to be represented by Mrs. Madrid, you will not regret for one second that you did. Trust the process and Tricia. If I could give 10 plus stars, I would. This agent deserves all the accolades and recognition. She is truly an outstanding agent. I’m blessed and fortunate to have had her by my side every step of the way. Thank you so much Tricia. Job beyond well done!
We can also provide you with client references.
“Her commitment to ensuring my understanding and confidence in this process has made this journey both informative and rewarding.”
Tricia embodies qualities that truly stand out - her expertise, unwavering patience, and professionalism. As a first-time home buyer navigating uncharted territory, I found myself relatively inexperienced in the process. Tricia stepped in, dedicating her time to meticulously guide me through every aspect, ensuring I grasped the nuances involved. Her responsiveness was remarkable - whenever I expressed interest in a property, her swift reply of "I will get that set up!" was reassuring.
Her flexibility in accommodating viewing schedules and her constant availability for my inquiries made the journey smoother. Tricia didn't merely showcase homes; she delved into thorough explanations, shedding light on intricate details and potential risks associated with each property. Her transparency and honesty were invaluable, earning my deep appreciation.
Tricia's unwavering dedication to helping me discover the perfect home has been evident throughout our interactions. Her commitment to ensuring my understanding and confidence in this process has made this journey both informative and rewarding. I am positive that I will find my dream home with the help of Tricia!
La Tonya W – January 2024
“She was very nice she went above and beyond working with me to get me a home that is within my needs”
She was very nice she went above and beyond working with me to get me a home that is within my needs and my children. I wanted to stayed with the HEB area and we look for about I lost count but she never gave up. Tricia is very kind and patience explaining being a homeowner since this was my first home
~ Josephine Dankwa
Serving DFW Metroplex
TEXAS ELITE TEAM
Texas Elite Team
4314 Blossom Valley Lane
Richmond, TX 77469
Phone: (682) 777-3950
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(682) 777-3950
MLS Information Deemed Reliable But Not Guaranteed. This information is being provided by the NTREIS MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
TEXAS ELITE TEAM is a licensed Agent in the state of Texas and is a leading authority on DFW Metroplex, Our love for the communities we live and work in are why we do what we do. Stop by the office and experience the Texas Elite Team way of DFW area real estate.
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