Are We Too Litigious To List or Sell?

Reblogger Bob Crane
Real Estate Agent with Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities #1 in Forest Land Mgmt

Its Sunday night and a good time to share a few good blog posts that I have been collecting all week, I hope you enjoy these and learn a few things.

Make sure to click on the title and stop by the original posters blog to leave them a nice comment.

Have a Great Week!!

Original content by Margaret Rome Baltimore 410-530-2400 311291

Are We Too Litigious To List or Sell?

Come on guys. We are Realtors®. We help people make very important decisions..buying and selling of their homes. We need to be there for our buyers and sellers.

There seems to be more reasons NOT to be with our clients and not make this process easier. 

 Litigious

 

 

 

Why?

 

We are a litigious society. We are afraid to do our job,  which consists of explaining, giving information and helping people make the right decisions.

At this rate, the technology WILL be listing and selling because we are have shied away from anything that may be cause for litigation.

 

Here are a few examples 

  • Listing agents should not be at home inspections.
  • Buyers agents should not be at home inspections. 
  • Listing  agents should not meet the appraiser.
  • Don't put the assigned schools in the MLS.
  • Don't go to your own settlements.
  • Don't explain the contract line by line for fear of giving legal advice.
  • Don't talk to the lender to see if the buyer is qualified or if they can settle in the time frame.
  • Don't recommend the home inspector, title company, termite company, or the structural engineer that may, in your opinion, be the best for the client.

And the latest...

  • Don't measure the rooms because we might make a mistake.

Sure we've heard of the person who purchased a home and found out their priceless one of a kind gazillion dollar rug was 6 1/2 inches too wide and they could not get the custom imported marble diamond inlay installed as a border. Maybe a second measurement would have been proper rather than relying on the estimated sizes in our MLS system.

How many times do we say "I am not an attorney and I don't play one on TV."

Of course get legal advice but....

Are We Too Litigious To List or Sell?

 

Margaret Rome 410-530-2400

 

 

 

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Broker-Owner HomeRome Realty 

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410.530.2400

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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Bob, You have made some good points. A big one is to reduce risk and avoid the home inspection and be sure not to give advice outside the scope of practice. You just never know when you may be called to defend yourself in the court of law.

Jan 19, 2014 08:38 AM #1
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is a good re-blog selection. Lawyers advise clients not to provide disclosures and sell as-is to avoid legal actions and buyers then assume that the sellers are trying to hide something. Mutual trust frequently is nothing but a past memory.

Jan 19, 2014 10:05 PM #2
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