Designate one party as "Representative"

You've probably come across properties that have multiple owners - often siblings, sometimes extended family, and sometimes just business partners. When you're asked to represent a group in buying, usually there are one or two who do the search together, and then perhaps call in the others for a final determination. When you're asked to represent them as sellers, as individual owners this can get chaotic - spread all over the country, different schedules, different motivations. Before you list, try to get them all to designate a single person as your contact point. Ideally, this person would be given the power to sign documents for the group, so that you don't have to get multiple signatures from multiple areas. Taking too much time for a response can lose a buyer for the property. If each makes a single change, you don't have a contract. If they can't agree on one person to represent them, what do you think it's going to be like getting them all to make a joint decision and sign off on it?

Sharon Simms, Real Estate Agent selling homes in St. Petersburg, Florida, the Gulf Beaches and the Tampa Bay area.