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Some projects aimed at improving a residential property can be a smart investment because they increase the perceived market value for buyers. Other times, sellers have to make repairs because the mortgage company requires them or they have negotiated an arrangement...
Staying on top of the deadlines in a sale and purchase contract is essential. Buyers and Sellers need to be aware of upcoming deadlines and be prepared to act on time, whether it’s accepting an offer, making a deposit, or closing. A missed deadline can have extreme...
As you well know, if your broker allows it, closing agents can pay you your share of the commission directly at closing and remit the remainder and fees to your broker. However, this was not always the case. Prior to 1999, all commissions had to be paid directly to...
What is procuring cause? How do you make sure that you are the procuring cause of the sale, so you earn your Commission? These questions are vitally important to Realtors® in a competitive market. The cases say that a broker is considered to be the procuring cause of...
Real estate agents are generally paid through commissions. When a home sells, a percentage of that sale price goes to the agent. This means that the agent has motivation to work hard to make a sale. It also means that people do not have to invest money in paying an...
The Florida legislature recently updated condominium and co-op laws and amended the building code regarding condominium structural inspections. As a result, the FR/BAR contract RIDER A for Condominiums now references TWO NEW DOCUMENTS which Buyers of resale condos...
Real estate professionals typically know how to spot glaring issues with a property after years of completing walkthroughs and estimating the fair market value of a property on behalf of their clients. However, outside inspections are still a critical step in many...
“What should I do if I have a listing that has unpermitted improvements?” It’s a question I get asked all the time. Realtors know to look out for unpermitted improvements, but it can be confusing about what to do in that situation to protect yourself and the Seller....
Real estate professionals work hard to connect homebuyers and sellers. Many of them want to inject a personal touch into the transaction. For a long time, love letters have been included in offers from potential homebuyers to sellers. These love letters include...
Some people find contracts to be understandably confusing because they don't understand legal jargon. Even when a contract includes terms that are articulated in plain English, there could eventually still be a dispute about what the terms of a contract actually mean....