The Rivas Real Estate Team Services

Real Estate Team · Hobbs, New Mexico

2:10 PM in Hobbs Directions

Here is what working with The Rivas Real Estate Team in Hobbs typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buyer services

First buyer meeting

A conversation about price range, neighborhoods around Hobbs and the buyer agreement you sign before tours.

Home search and private showings

Tours of homes for sale in and around Hobbs, including new listings as they hit the market.

Offer strategy and negotiation

Comparable sales, offer terms, contingencies and inspection negotiations.

Closing coordination

Working with your lender, inspector and title company through closing.

Seller services

Home valuation

A written price opinion built from sold, pending and active Hobbs area comparables.

Getting the home market-ready

Staging suggestions, small fixes and scheduling professional photos.

MLS listing and marketing

Listing on the local MLS and syndication to the major home-search sites.

Offer review and negotiation

Comparing offers on price, terms and financing strength, then negotiating to a signed contract.

How a typical transaction works

ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
CloseFinal walk-through and signing with the title or escrow company under New Mexico rules.

Typical costs on a Hobbs home

Illustrative figures for a home at the local typical value of $216,560. Real numbers depend on your agreement, lender and title company.

Item	Rate	On $217K
Listing-side commission (negotiable)	2.5–3%	$5,414–$6,497
Buyer-side compensation (negotiable)	2–3%	$4,331–$6,497
Buyer closing costs (lender, title, escrow)	2–5%	$4,331–$10,828
Home inspection	flat	$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Areas around Hobbs

Andrews, TX43 mi · $267K

Questions about these services

How are real estate agents paid in New Mexico?

Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.

Does The Rivas Real Estate Team work with both buyers and sellers?

Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how The Rivas Real Estate Team handles dual agency or designated agency under New Mexico law.

What should I prepare before the first meeting?

Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.