Selling your California home? Whether in CA or anywhere, it's important that you have an understanding of your contract, and the REALTOR you hire should know it inside and out.
As an experienced broker when I'm working with home sellers it normal for most to first consider the price and the length of an escrow, I'd do the same time myself. Yet with the challenges of today's market, it's crucial that home sellers have a clear understanding of other aspects of the purchase agreement/purchase contract. Time frames for contingencies, inspections, costs, etc. etc.
In CA most REALTORS use the CA-RPA that's REALTOR speak for the California Residential Purchase Agreement and Joint Escrow Instructions. It's an eight page contract with a two page buyer disclosure attached. As contracts and disclosures have grown in length over the years (from formerly one or two pages) it seems all too often buyers and sellers are asked to sign contracts and disclosures at a time of great excitement, emotion or apprehension.
I love working with home buyers and home sellers who make informed decisions. That's one of the best aspects of the Internet. Most consumers I work with today are far better informed than ever on almost everything, everything except when it comes to the contracts.
If you're a home buyer or a home seller you may want to ask the your REALTOR for a copy of the contract in advance and ask for a review prior to making your buying/selling decision.
When working with home sellers I review the contract with my yellow highlighter at the time of the listing. I want you, the home seller to know what I'm looking for in addition to the price (in the purchase agreement) when an offer is submitted.
So it you're a home seller in Southern California and if your looking for informed, knowledgeable representation contact me, ateisenmann@earthlink.net and view our website, www.PreferredHomeBrokers.com. Direct or text (714) 595-1494.
Preferred Home Brokers is an independently owned residential real estate brokerage with a track record of more than 30 years under the same broker/ownership.
CA license #00402040.
23 Comments
on Just Sign Here...Understand Your Contract Prior To Signing Video ~ Home Selling 101
JAN
12
2010
Lynda, what a good and effective video. The new technology for social networking and blogging are so effective and compelling. Great job....Sign me up!
Lynda, I am SO IMPRESSED. You did a wonderful job with that video. I tried to do a video of myself and finally gave up and made the video of my voice with a flower garden background. We have an 8 page earnest money contract also. In listening to your video we have a number of similarities but also some differences. A California seller would do good to have a listing agent like you looking after their end of the transaction.
Hi Lynda, The video has not shown up as yet, but the rest is so good, I can imagine the video adding even more to the post. I started to write about paragrpah 2 and then deleted it. It was clear we don't need to go there, :-)
Well, How do you like that , a celebrity in our midst. Lynda, you are looking great and you did such a nice job on this. Well done!! Glad I came back and the video popped right up this time.
Gary ~ I just wish everyone had the opportunity in ADVANCE to review contracts, at least to understand the basics.
Lisa ~ Thnx
Marchel ~ 8 pgs. is a lot for anyone to digest, imho reviewing in advance always helps. I can't begin to tell you how many agents I run across that do not truly understand the basics. It's something I drill in the agents in my office. the original contract is the "basis" for the entire transaction.
William ~ Thank you, I want my sellers to know that I'm looking for more than just the price and date of closing. It's the DETAILS that make all the difference in the process.
Lynda - this is excellent, adn what a great presentation. It tells folks alot about your you are and how your wro.
This video is so educational, and focuses on such important information, but it's easy to understand. It demonstrates you know what you are talking about, and the added value you provide by being on the watch for these key items with your sellers. I assume this is, or will be, on your web site?
Hi Jeff ~ Thank you. I know so many sellers are normally interested in the price and term of escrow, yet there are so many others things in the contract that I'm looking out for as their representative. And yes, I'll probably be adding it to my bio on website.
Lynda you are a natural, the camera loves you. This was a great video as it covers information necessary in the real estate transaction. It is so much easier working with client who knows what to expect.
Lynda! I absolutely loved watching that video. I agree with Jennifer. You ARE a natural.
And the experience you bring to the table is a huge reason a customer should feel at ease with you.
Sending hugs your way.
Great post and nice video; you do a magnificent job for your clients. People pay a lot for properties; it's important to know that they really understand and know we want them to understand.
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looking for informed, knowledgeable representation contact me, at 
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Lynda, what a good and effective video. The new technology for social networking and blogging are so effective and compelling. Great job....Sign me up!