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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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WHOA...all of us have had it done to us and we have done it to others. There is this moment in time during a transaction where you do or do not put something in writing. It could be a sentence, a statement or a simple box that you check. Errors happen all the time. But trying to modify a written agreement verbally is not honored in most court proceedings
KEEP IT CLEAR
In the world of Real Estate, agents are to get everything in writing. WHY? What we have found when reviewing court cases, ethics hearings, arbitration's and mediation that failure to have a clear and precise written agreement wont hold up well when challenged. So, they made it an ethics violation in the agents world
I LOVE YOU...YOU LOVE ME
I have done much business on handshakes. I still do and I prefer that over all things. But you see I know my own heart, motives and happen to be a person whose word is not given freely unless I plan to complete it. However, we don't have time to get to know me or you or some third party, so it is prudent and expeditious to put it in writing
IF THINGS GO WRONG
If everything goes according to plan, that's great. Mission accomplished. But if there is a hiccup before, during or even after a transaction, the first thing consulted is the written contracts. From there, we start to sort out what happened and possibly why. If your paperwork is in order, then it stands. If not, it works against you right off
AGENTS...THE BUCK STOPS...YOU GUESSED IT...WITH YOU
Every time an agent fails to adhere to carefully pre-lay-ed out and agreed to codes of conduct, it is the agent where the buck will stop. The issue wont really matter as much as the fact that the agent didn't follow the code of Ethics. They are not negotiable.
EMOTIONS MAKE THE DEAL, MAKE PROBLEMS AND CAN KILL US ALL
People are very quick to become emotional when transacting in Real Estate. First, the buyer and the seller in the beginning are full of emotional expectations. Time and expert counseling and guidance mitigates this to a doable transactional state. During a deal, emotions may rear their heads and try to take over by derailing and cooler heads must prevail. After the deal, emotions can kick in regret, perceived damages and if not reigned in result in litigation
ESCROW OFFICERS GET IT IN WRITING
Escrows are very good at taking the written contract and or addendum's and reducing them to escrow instructions. When an escrow officer comes across something that doesn't make sense or is ambiguous, they pause and ask for clarity.
FOR EVERYONE'S SAKE PLEASE
I know we all agreed. I know we all mean well. I know we all want the best outcome. Get it in writing for everyone's sake as well as preserving the integrity of licensed Real Estate agent.
Richie Alan Naggar Ran Right Realty Riverside, Ca
Real Estate Broker and AUTHOR of the popular "PEARLS SERIES"of books on LIFE and LOVE
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.