In real estate in Georgia when a Buyer & Seller are binding under the Georgia Association of Realtors (GAR) or RE Forms contracts, when may a Seller terminate without penalty? Watch the video to find out! For OTHER contracts under which the parties may be Binding, that information will be contained in those specific contracts. 👀 Please browse the video & playlists & consider subscribing! 👏Thanks for watching!
Georgia Association of REALTORS (GAR) Midyear Contract Changes released on 5/1/20. GAR did not make many changes but comment below what you think of the ones they DID make & what additional changes they SHOULD make! The real estate contract forms they did change include: 👉 Sale or Lease Contingency Exhibit (F601) – In Video go to 1:03 👉 All Cash / No Financing Contingency Exhibit (F401) – In Video go to 5:26 👉 Closing Attorney Acting as Holder Exhibit (F510) – In Video go to 6:22 👉 Lead-Based Paint Exhibit (F316) – In Video go to 8:55 Previous Videos on Some of These Forms: 👀 What You Need to Know About the EPA & Lead Based Paint Disclosures: https://youtu.be/ZPRPA5wEkE4 👀 2020 GAR Sale or Lease Contingency Exhibit F601 : https://youtu.be/ZmR1F68-pfw 👀 What to Consider When Having a Closing Attorney Hold the Earnest Money: https://youtu.be/567XVdnPGXQ Thank you for watching! Please browse the “Videos” & “Playlists” & subscribe so you don’t miss out on any contract tips!
AGENTS NEED TO ALWAYS CHECK WITH YOUR STATE & LOCAL LAWS & YOUR OWN BROKER REGARDING YOUR PRACTICE OF REAL ESTATE DURING THIS TIME. How to move your real estate business forward during these challenging times in Metro Atlanta Area. This video is a discussion between Dana Sparks of Maximum One Greater Atlanta REALTORS & Shantha Wetterhan of Competitive Brand – first aired 3/27/20 on the Real Estate Marketing Academy Facebook Group Page. https://www.facebook.com/groups/there…. Shantha Wetterhan, Founder of Competitive Edge Online Marketing & Branding (https://www.competitivebrand.com/) for Real Estate Agents & Real Estate Marketing Group on Facebook – email@example.com Some of the topics discussed include: * Are Buyers & Sellers still selling? (answer is YES!) * Real Estate going Virtual * Communication via video, phone, US Mail * iBuyers pulling out in this market leaving many Sellers without contracts * Opportunity for real estate agents in the Metro Atlanta area during this time * Extreme importance of Constant Communication * Key for agents is flexibility * Real Estate as an “Essential Business” as defined by Georgia Governor Kemp’s Executive Order 4/2/20 & the Homeland Security definition of Critical Infrastructure Workforce * Georgia Association of REALTORS (GAR) COVID-19 Special Stipulation – NOTE THAT GAR HAS REVISED THIS STIP FROM THE RECORDING OF THIS INTERVIEW * Buyer termination of contracts & disbursement of Earnest Money – per the contract & per the negotiations between the parties * Closing via a Notary * Recording of Deeds * How stress in the world manifests itself right now & how that impacts real estate transactions * New forms of cooperation among agents * Opportunities these times are creating for real estate agents! * Pray, Play & Appreciate to stay healthy physically, spiritually, emotionally & professionally!
PLEASE CHECK WITH YOUR OWN BROKER REGARDING HOW TO PROCEED WITH LISTING & SHOWING PROPERTIES DURING THIS TIME. Showing protocol for real estate in Georgia during this time of the Pandemic – April 2020. 😷 What should Listing Agents do right now? Showing agents? What documents should I have my clients sign? Watch the video for suggestions! Thank you to Amee Davis of Davis & Associates, Attorneys at Law, LLC (ADavis@DavisLawGA,com) for drafting the Maximum One Realty Showing Protocol and Buyer’s Brokerage Addendum – available for Maximum One agents in the “Reference Section” of Paperless Pipeline. Thank you to Shawn Horan of Don DeFoor & Associates for putting the final touches on this document. Shawn@DonDefoor.com . PLEASE CHECK WITH YOUR OWN BROKER REGARDING HOW TO PROCEED WITH LISTING & SHOWING PROPERTIES DURING THIS TIME. Homeland Security CISA Guide to Essential Businesses: https://maximumonerealty.files.wordpr… Georgia Executive Order 4/2/20: https://maximumonerealty.files.wordpr… 👀 Please browse the Videos & Playlists & Subscribe! 👏 Thank you for watching!
7 1/2 financing tips to get your real estate contracts closed right now! These tips also address how to protect the Earnest Money. The lending industry is changing DAILY right now! Minimum credit score requirements are increasing, sources of funding are decreasing, Buyers are getting laid-off or decreased hours, and more! SO what do you do to get these Buyers CLOSED on a real estate contract right now? How do you protect a Buyer’s Earnest Money with respect to a Financing Contingency & real estate contract right now? Watch the video for these tips! Comment below on any ADDITIONAL Financing Tips to help with real estate contracts during this time! 👀 Please browse the videos & playlists & subscribe! 👏 Thank you for watching! Dana Sparks, Qualifying Broker, Maximum One Greater Atlanta, REALTORS http://www.KeepMoreCommission.com