Property Disclosure Documents

By
Real Estate Agent with Frank Rubi Real Estate

I have been in the business for some time now but I still get flustered when I look over the property disclosure papers and they aren't filled out correctly.  A lot of the questions are left blank and some answered yes don't have any explanation to the yes answer.  Why not?

I wonder if the listing agents realize this is to protect them and their clients?  Get these papers filled out correctly the first time.  It will save you time from answering extra phone calls that I or another agent may have about the answers.  It also will keep you from having to meet with your client a second time to answer the questions correctly.  I also recommend that your client fill out the paperwork with you present to answer any questions as best as possible.  What if your client has moved out of town?  This is a huge inconvenience to anyone involved.

Take the time to carefully look over the documents once they are finished.  I often find things that can and need to be corrected easily the first time.  

I know we are human and aren't perfect but this is easy to avoid the first time.

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Comments (5)

Phil Hillerman
Crye-Leike Realtors® - Rogers, AR
Crye-Leike Realtors®

Interesting point of view.  Here (NW Arkansas) we are schooled not to help the client fill out the property disclosures.  My basic instructions to my clients are, fill the disclosures out to the best of your knowledge. If you don't know state that.  If you know something write it down.   I then go and measure the house while they fill it out.  

Jul 19, 2011 07:41 AM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Phil thanks for the comment.  You actually leave the house.  Not a bad idea I guess.  I don't fill them out but they always have questions about the form.  I tell them to answer as best they can or as you said you don't know.  But I see numerous documents that aren't filled out correctly every day.  It's puzzling to me.  That actually was the focus of my blog.

Jul 19, 2011 08:02 AM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

John, maybe a quick over view by the Realtor could have side track this issue. I agree with letting the seller fill out the disclosure as best as possible. I would ask if I see a yes and no follow up. 

Jul 19, 2011 03:38 PM
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Can you believe it Frank the agents don't get the clients to answer the questions that are marked yes.

Jul 19, 2011 04:11 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

I always like to let them know to be as thorough as possible!  I don't like my fingerprints near our SRPD but I can definitely let them know why they need to be thorough!

Aug 06, 2011 03:05 PM

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