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Getting Real About Quid Pro Quo!

By
Real Estate Agent with Red Rock Real Estate (435) 632-9374 UT DRE# 6541633-SA00

Getting Real About Quid Pro Quo!

 

A favorable exchange takes place once all parties agree to terms and conditions in a Real Estate Purchase Contract. Delivering the goods becomes the final end result.

 

Much planning goes into the home buying and selling process.The spirit of cooperation comes into play every single time, requiring all details to be presented up front.

 

Everyone is then aware of their roles in order to accomplish the goals set forth. It also defines workload, trust and a willingness to create enhanced working relationships.

 

By discussing every detail early on, both sides agreeing, in writing, on expectations, timelines and efforts prevent future problems because someone thought they deserved more or lament about getting the short end of a stick.

 

Of course, if that happens, give them a bigger stick! LOL

 

Quid pro quo (something for something) a Latin phrase used, meaning an exchange of goods or services, in which one transfer is contingent upon the other; "a favor for a favor".

 

 

Top Producer & Preferred Realtor at Red Rock Real Estate | 435.632.9374 | 90 E 100 S in downtown St. George, Utah | wanda@buynsellutah.com | Call me because Wanda Can help with all your residential needs!

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I, Wanda Kubat-Nerdin at Red Rock Real Estate Utah am responsible for my opinions expressed in this blog. Information herein is deemed to be reliable but not guaranteed and may change due to market conditions. Please do not take my pictures or artwork and use them as your own, they are my property and copyrighted.

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Wanda Kubat-Nerdin is a southern Utah REALTOR® assisting buyers and sellers in in the St. George area, Dammeron Valley, Diamond Valley, Veyo, Central, Hurricane, Ivins, La Verkin, Leeds, Santa Clara, and Washington real estate markets.
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Red Rock Real Estate
90 E 100 S, St. George, UT 84770

BuynSellUtah.com
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Comments (14)

Gwen Banta
Sotheby's International Realty - Los Angeles, CA

Great post, Wanda. managing expectations is key to success in real estate.

Apr 12, 2021 12:54 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wanda,

Another wonderful post from you.  Wishing you a stellar week ahead.  A

Apr 12, 2021 01:55 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

The simple part of a real estate contract is getting the house in exchange for an offered amount of money. And then the games begin with the inspections, appraisals and details of when will it be settled. 

Apr 12, 2021 05:19 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Absolutely Gwen! Thank you for stopping by today.

Apr 12, 2021 05:30 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Thank you so much Ron and Alexandra, I do appreicte the kind words and wish you a fantastic week as well!

Apr 12, 2021 05:31 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

It definitely has to work for the benefit of everyone involved Ed and if not, then next!

Apr 12, 2021 05:32 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wanda I am all about managing expectations but more so about Quid pro quo

Now with that said my referral source is Active Rain and if there is no interaction with me on the platform there are no referrals from me to out of area...Endre

Apr 12, 2021 10:07 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I remember getting into an argument with a professor over my use of quid pro quo in an essay.  Let's just say that some professors aren't worthy of being professors, haha.

Apr 13, 2021 05:53 AM
Roy Kelley
Retired - Gaithersburg, MD

This is an excellent perspective to share.

Take care, be safe and have a productive week.

Apr 13, 2021 07:49 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Endre, Getting a referral from an ActiveRain member is a true gift and much appreciated!

Apr 13, 2021 06:08 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Some grade school teachers aren't qualified to teach our young children either Brian!

Apr 13, 2021 06:09 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Thank you Roy, your words are much appreciated! Have a fantastic week ahead.

Apr 13, 2021 06:10 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

hi Wanda- there are those situations when someone wants more Quid than the Quo they're willing to give. 

Apr 14, 2021 12:02 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

That is so very evident right now as we are witnessing in the political arena Kathy. Also, regarding real estate, in some cases!

Apr 14, 2021 01:09 PM