Offer to purchase

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!

Experienced Real Estate Salesperson

Questions for a Real Estate Salesperson (Commonwealth of Virginia)
Backup Contract

- Should you submit a backup contract – with Backup Contract Contingency addendum – on a property with primary contract that is “contingent, no kick out”?
Pros? Cons?

Should you check terms that apply to conventional financing on an offer to purchase in which the purchaser has indicated “FHA” financing will be obtained?

When approached about “inconsistencies” on paperwork you have submitted on your clients’ behalf, do you:
a) answer, “I have X years experience and have done it this way for X years.”
b) ASK your broker to review your paperwork and answer, “My broker and I have reviewed the paperwork and [proposed alternative]“

When the person STILL questions you about “inconsistencies”, do you:
a) rely on your gut feeling based on X years experience
b) ASK your broker to review your paperwork – again
c) ASK a local expert (perhaps recommended by your local association of Realtors)