You are currently browsing the monthly archive for October 2008.
Do you get your client to initial all changes? Do you REALLY mark out all the previous counters?
I do!
Currently doing business with an agent who has a LARGE team (I can identify 5 members so far).
First, contract expressed that financing would be FHA/VA VHDA (alphabet soup) BUT conventional terms were checked. (and no there is NOT a built-in microwave, or a shed to convey with the property) I guess I have pet-peeves.
In the process of countering, I noticed that the AGENT initialed some of the cross hatches instead of her client.
Interesting.
I hope, for her sake, it never gets contested. If it does, she’d better have documentation to show that she was authorized to sign.
As the listing agent, I sure would feel better if I saw some sort of limited power of attorney or each of these authorizations from her client.
Keep your fingers crossed the purchaser is not just a figment of the selling agent’s imagination!
Just how much do you do to “help” the real estate agent for the “other” side?
My partner and I submitted an offer to purchase a foreclosure that was advertised as “the easiest way to buy a foreclosure. NOT AS-IS.”
That will be the last time they do that!
In our Northern Virginia offer to purchase it states quite specifically that all systems must be operational.
NOTE To the listing agent: That means you do have to turn ON all the utilities so we can verify! AND
NO the prospective purchaser will not set up the account in their name. (That would be premature and presumptuous, right?)
NOTE to agents who accept listings far from their “beaten path”: Don’t!
Purchasers’ agents do not enjoy meeting your contractors to fix the pump, flow meter, water filtration system, HVAC or any other one!
Just give the contractor the key (combo lockbox, of course!) and YOUR credit card information PLEASE.
Also, I will gladly proofread any offer submitted on our listings – for a fee!
Did you hear the one about the Maryland real estate agent who sent his client to see a listing with the listing agent (it was just too far for him to drive). Well, Maryland agent submitted contract on said listing, but WHOOPS, he had not earned sufficient Continuing Education credits in Virginia.
Alas, his Virginia License was not valid.
His proposed solution- he sent the listing agent a request for a referral fee in the amount of 50%!
AND there was a clause on the referral form “seller agrees to pay selling agent a bonus”.
Think about it! Good thing there were multiple offers.
