Real Estate FAQ

Common questions about buying, selling, and investing in Dallas-Fort Worth

Service Areas & Representation

What areas do you serve in DFW?
I serve the entire DFW Metroplex including Dallas, Fort Worth, Plano, Irving, Arlington, and all surrounding suburbs. Whether you're looking in Park Cities, Preston Hollow, or the growing suburbs like Frisco and McKinney, I can help you navigate the market.
Do you work with buyers, sellers, or both?
I work with buyers, sellers, and investors. I also provide white-label transaction coordination (TC) services for other agents who need support managing their deals from contract to close.
What is TC (Transaction Coordination)?
Transaction Coordination (TC) is the contract-to-close management service I provide. This includes managing timelines, coordinating documents, ensuring compliance, and facilitating communication between all parties. It keeps your deal on track and reduces stress for everyone involved.

Timelines & Process

How long does it take to close on a home in Texas?
In Texas, closing typically takes about 30 days from contract execution, though this can vary based on financing type, appraisal timelines, and specific transaction needs. Cash deals can close in as little as 7-14 days, while VA and FHA loans might take 35-45 days.
What is the option period in Texas?
The option period is a negotiated window (often 5-10 days) during which the buyer can terminate the contract for any reason. The buyer typically pays a non-refundable option fee (usually $100-500) directly to the seller for this right. During this time, inspections are conducted and repairs negotiated.
Should I get pre-approved before looking at homes?
Yes, getting pre-approved before showings is strongly recommended. In DFW's competitive market, sellers often won't consider offers without pre-approval. It shows you're serious, speeds up the process, and helps you know your exact budget. I can refer you to trusted lenders who specialize in different loan types.

Fees & Professional Services

How are real estate commissions handled?
Commission structures vary by agreement and market conditions. I believe in transparent fee discussions and will explain all costs upfront. Each situation is unique, and we'll discuss what makes sense for your specific transaction on a case-by-case basis.
Do you provide legal or tax advice?
No, I do not provide legal or tax advice. I work with a network of qualified attorneys and tax professionals and will refer you to the appropriate experts when needed. For tax planning strategies, I recommend visiting TaxSq for specialized guidance.

Texas Real Estate Commission Information

Real estate services provided in association with REKonnection.

Agent Information Shafen Khan
TREC License #814918
Phone: 469-837-9233
Email: [email protected]
Brokerage Information REKONNECTION, LLC
Broker: Praveen Kumar Billa
TREC License #611849
Brokerage License #9010467
Office Location 100 N Central Expy, Ste 913
Richardson, TX 75080
Office: (972) 914-0989

Equal Housing Opportunity. All real estate services subject to Fair Housing Act compliance.