buyers agent: Word To The Wise Regarding Termites!
- 05/20/09 09:29 AM
Consult with your Broker or local board on this one, I'm sure it's different where you are. One thing is for sure, TERMITES ARE FAT, DUMB AND HAPPY IN CALIFORNIA! Here's how it commonly works down here. In the purchase contract the buyer can ask the seller for certain types of strategies in dealing with these pets (and wood destroying organisms). A common way to deal is the seller pays for what I call the big ticket items - the active infestation or wood damage (wood replacement, fumigation, spot treatment among others are necessary) and the buyer pays for the little … (3 comments)
buyers agent: Cancel This Transaction? What Would You Do?
- 04/21/09 02:24 AM
Back from vacation, I'm ready to close a listing (I'm representing the seller) in the last three days of the escrow period and I get this call from the buyer's agent. "My buyer has been laid off from work and needs to cancel this transaction. Oh and by the way, she wants her deposit back." Welcome home... The tough part for the buyer is she didn't know she had lost her job until her lender received the Verification of Employment stating she had no future employment with the company. She was a single mom, working as a nurse's assistant for many years … (21 comments)
buyers agent: What? A Request For Repair?
- 04/06/09 11:05 PM
Have you ever had a seller wonder what this was all about? Chances are if you're a Rainmaker you've coached your clients well, both buyers and sellers alike. On occasion my sellers are blindsided with some creative requests. Here's how I coach both buyers and sellers to prevent this from happening. Note: Buyers and sellers reading this, you might impress your agent, pay attention... Understand the part of the contract where "as is" is mentioned. In California the purchase contract specifically states "the property is sold in its present physical condition". What this means is it comes with the faux wooden beams, wood … (44 comments)
buyers agent: The Basics - How to Get Your Offer Accepted With the First Page of your Purchase Contract
- 03/23/09 03:21 AM
This is a good one for Buyers and Agents alike. How do you get your offer accepted? Follow these simple pointers. 1. Always use the computer generated form, it's more professional looking. In CA we have Winforms, you can fill out all the fields, it's purty. If you can help it, never write a contract by hand. This ensures legibility and listing agent confidence in your attention to detail. Besides, sloppy handwriting sucks. 2. Complete ALL of the pertinent fields. This includes financing (if used). Agents, if you leave this blank you're telling your client, the seller and the other agents you don't know … (8 comments)
buyers agent: Lucky 13 - How to Buy a Short Sale Home in 13 Easy Steps
- 03/02/09 10:47 AM
How to Buy a Short Sale Home - Simplified Here is what I recommend to buyers not in tune with what a short sale might entail. A good buyer's agent can walk their client through the process with this as a thumbnail sketch. 1. Get pre-qualified / pre-approved. 2. Set realistic search parameters based on what you can afford and what you need. 3. Interview agents. Get good help. Commit to one agent. 4. The house hunt. See as many as it takes to make a wise, swift decision; bring a clipboard/checklist for notes. 5. House found. Have your agent … (2 comments)
buyers agent: The surfing analogy...
- 02/24/09 03:21 PM
As part of my weekly exercise routine I make it a point to get in the water and surf once a week. Business sometimes takes priority and I don't get out as often as I wish, but I do manage to get out there often enough to clear the mind and put my muscles to work. The one thing that happens without fail while every single time I'm sitting there waiting for the next set or paddling for position I can't help but think of my love for surfing and the analogy it brings to mind in my real estate … (4 comments)
Consult with your Broker or local board on this one, I'm sure it's different where you are.
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