How the Transfer Disclosure Statement Can Bite Sellers on the Butt

By
Real Estate Agent with RE/MAX Gold DRE #00697006

transfer disclosure statementA lawyer called me yesterday morning from New York to ask why when he searches for certain terms in Google, everywhere he goes, there I am. I guess it's because I write about those things he searches for.

You never know what I might write about because my topics are selected based on what happens to me in Sacramento. My blogs are about being a Sacramento real estate agent. I like to keep things simple and write about what I know.

Like today, I wrote about the transfer disclosure statement and the remote control thorn that pops up out out of the cracks in the sidewalk after escrow closes, but it's also about communication between agents and clients. It's about how easy it is for some people to get confused. I think it has an amusing element to the twist, but you be the judge of that.

Read more in my personal blog about The Remote Control Thorn from the Transfer Disclosure Statement.

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Ambassador
3,084,253
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Good grief!  This agent has many soul mates throughout the country, I'm sure.   I have to laugh at her takeaway from the lawyer speaking at the local associaton about MLS commissions.  My guess is that if she had gotten her face out of her iPhone or iPad long enough to actually listen to what the man was saying, she would have an actual understanding of it.  

 

Feb 24, 2013 02:16 AM #1
Rainmaker
2,189,557
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Hi Chris Ann: I am not sure what the agent heard at the Sacramento Association of REALTORs meeting, but I can promise it wasn't if you desire a higher commission percentage than the amount shown in MLS that you can simply grant yourself a raise in escrow.

Feb 24, 2013 02:24 AM #2
Rainmaker
2,515,786
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Oh yes, the ole remote control buggaboo. . .I've been there and done that!  I also like your solution!  I hope you have a great coming week, Elizabeth.  Temps are suppose to reach about 70 on Thursday!

Feb 24, 2013 07:16 AM #3
Rainmaker
2,882,271
James Dray
Fathom Realty - Rogers, AR
Exceptional Agents, Outstanding Results

Morning Elizabeth do you post those links to the Rain?  If not why don't you start I think I would find them interesting if nothing else. 

Feb 24, 2013 07:44 PM #4
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