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Archive for August, 2018

Part 1: Sale or Lease Contingency – Buyer’s Perspective

 

When a Buyer lives in a house that must be leased or sold in order to buy their new home, how do you address this contingency in a contract? How do you protect the Buyer? What if the current house doesn’t sell? What contract forms do you complete & how do you complete them? What are all the complexities of meeting this contingency? Watch the Video to find out!

Stay tuned for Part 2 – Sale or Lease Contingency Exhibit – Seller’s Perspective.

How to Read FMLS Icons in Search Results

 

Ever wonder what all those icons are in FMLS when you get search results – on the list or on a specific listing? Did you know that every property will list the history of that property on FMLS at a glance? Did you know that you may easily access a neighborhood profile on any listing? Did you know that there is an easy way to see if there is any grant money available for a Buyer for the purchase of a property? Watch the video to find out! Please subscribe to my YouTube Channel: Real Estate Made Crystal Clear for more contract tips!

My Business Card & GREC License Law

What is required to be printed on my business card for it to be in compliance with License Law per the Georgia Real Estate Academy (GREC) specifically GREC Rule 520-1-.09. What is required on my Agent Website? How about on my social media? Watch the video to find out! Please subscribe to my YouTube Channel: Real Estate Made Crystal Clear for more contract video tips!

Having Both Sides of a Deal Without Being Dual Agency – How Do You Complete the Contract?

 

As a real estate agent, can you have both sides of a deal and NOT be engaged in Dual Agency? What forms do you need to complete & how do you fill out the contract? Watch the Video to find out!

Seller Client Contract Documents:
GAR F1 – Exclusive Seller Listing Agreement
GAR F2 – Non-Exclusive Seller Listing Agreement
RE Forms 151 – Exclusive Right to Sell Listing Agreement
RE Forms 162 – Non-Exclusive Right to Sell Listing Agreement

Buyer Client Contract Documents:
GAR F4 – Exclusive Buyer Brokerage Agreement
GAR F5 – Non-Exclusive Buyer Brokerage Agreement
RE Forms 150 -Exclusive Buyer Brokerage Agreement
RE Forms 161 – Non Exclusive Buyer Brokerage Agreement

Seller Customer Contract Documents:
GAR F3 – Authorization to Show Unlisted Property
RE Forms 158 – Authorization to Show Property Not Listed

Buyer Customer Contract Documents:
GAR F6 – Agreement to Work with Buyer as Customer
RE 159 – Acknowledgment of Customer

 

RE Contract Forms: How May Parties Extend Contract with Lender Delay?

If the parties are binding on the RE Forms contract and the Lender has not yet sent out the “3 Day Disclosures” to the Buyer which prevents the closing by Federal Regulation, what is the recourse? Do they have the same right to Unilaterally extend the contract for 8 days like in the Georgia Association of Realtors (GAR) contract? Watch the video to find out!

All About the 8 Day Unilateral Extension: https://youtu.be/WpOp_KV46LM

 

How to Find Forms in FMLS & GAMLS

Want to know how to find a contract form (GAR &/or RE Form &/or a Brokerage-Specific Form) on FMLS or GAMLS? Watch this video to find out how to easily search for the exact form you are looking for when you don’t know the name or number of the form.

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