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Why Are Real Estate Contracts Like Trains?
Real estate contract negotiations need be "kept on track" to move forward. The goal of both the listing agent and selling agent is twofold Guide the transaction to settlement and meet the objectives of both the seller and buyer on a timely basis. Earn the brokerage fee that the seller agreed to pay. . As an experienced real estate agent I learned the techniques to a successful transaction many years ago. Six Real Estate Contract Situations That Need to Be Avoided Problems Don't Solve Themselvess It is not unusual for situations to develop that could hinder or derail the real estate contract settlement. It is important for both agents to communicate and "work" the matter on a timely basis. It is equally for the buyer and/or seller to take whatever action is necessary by them to assist in the resolution. This will help move the transaction forward. Surprises Are Not Recommended In the Commonwealth of Virginia a real estate contract must be in writing to be enforceable. The term "the contract speaks for o\itself" means just that. If it is not in the contract it is not a point of contention. You and your agent must make certain they include all matters of importance to you ... more
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