If it is Verbal it is nothing!

By
Real Estate Broker/Owner with WHISPERING PINES REALTY 20398180

The other party may be really nice.

You laughed and joked at closing.

You made some agreements between the two of you...Verbally of course.

Now, the other party says they never said that.

 

We hear this all the time.  When will people learn not to make deals without us, their agent.   You can ask me to help, but without the written work...you have nothing.

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Rainmaker
208,010
Peggy Wester
Realty Executives Integrity - Grafton, WI
Real Estate Agent Ozaukee & Washington County

Amen! I don't even like getting caught up in verbal negotiations once the written initial offer has been presented. Put it in writing. Always.

Apr 07, 2013 11:44 AM #1
Rainmaker
524,490
Ralph Janisch ABR CRS Broker
Janisch & Co. - Conroe, TX
Selling Northwest Houston to good people like you!
If its not in writing its not enforceable. Not worth the breath used to speak it.
Apr 07, 2013 12:21 PM #2
Rainmaker
1,006,048
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

William, I used to hear some of my agent friends say that a verbal agreement isn't worth the paper it isn't written on.  Sounds like they knew what they were talking about.

Apr 07, 2013 12:38 PM #3
Rainmaker
1,578,717
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

When I was a broker we had a sign in the back room that said "If it ain't in writing, it didn't happen."

That's one reason I disliked working with repo properties - the banks would NEVER put their counter-offers in writing, and once Washington Mutual backed out after their verbal acceptance. You know how furious the buyers were.

Apr 07, 2013 12:55 PM #4
Rainmaker
320,000
Randi Brammer
Randi Brammer, Acctg. - Hinckley, MN
Accountant & Tax Preparer

Bill, verbal may be good between friends, but there always seems to be different facts when brought up again.

Apr 09, 2013 02:12 AM #5
Rainmaker
1,006,048
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Randi:  Actually, I don't think verbal is a good thing between friends.  I have seen all too many instances when those two friends thought they had a verbal agreement, and ended up losing each other's friendship.

Friends need whatever it is i writing, as well.  Just my opinion.

Apr 09, 2013 09:02 AM #6
Rainmaker
3,984,330
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Verbal never holds up in court.  Vebal makes a lot of arguemtents that could be avoided.

Nov 03, 2013 09:17 AM #7
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Rainmaker
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William Feela

Realtor, Whispering Pines Realty 651-674-5999 No.
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