As a real estate agent, your Buyer & Seller is going to need various vendors throughout the transaction. Watch this video to find out what you need to know before making these recommendations and HOW to make these recommendations in order to protect your license!
If a Buyer & Seller agree to a Due Diligence / Buyer’s Right to Terminate option in a contract for real property in Georgia, what do you do if the Buyer must wait on the Seller to do something? In other words, how do you word it if the Seller must turn on the utilities for example? Watch the video to find out! Short Sale Special Stipulation – “All time frames in contract and Exhibits begin upon Binding Agreement Date and extend to the specified number of days per provision after Buyer’s receipt of written approval of short sale from Seller’s lien holder(s.)”
All about time limits & counter offers! If a party makes a counter offer, is the original time limit in effect? Watch the video to find out!
Please watch this channel for other referenced videos:
Time Limit in a Real Estate Contract is NOT a “Response “Time – https://youtu.be/YZr349dEuHM
All About The Binding Agreement Date – https://youtu.be/1qz29-j45WQ
If the Seller / Listing Agent receives information from a Buyer’s lender or from the Selling agent that there is an issue with the Buyer’s loan or that this lender will not loan a mortgage to the Buyer, may the Seller terminate the Contract they have to sell the house to this Buyer? Watch the video to find out!
Why MUST a real estate agent complete ALL the information in a Financing Contingency Exhibit… watch the video to find out!
How do you as an agent get paid? What contract have you signed that insures that payment? What contract is signed for a Listing Broker to get paid? What contract is signed for a Selling Broker to get paid? What about a co-op commission offered in the MLS service? What if a property is not in an MLS service? How does a Closing Attorney know how much to pay each Broker? Watch the video to answer all of these questions & understand how to complete the Commission Acknowledgement Forms!
When a Buyer and Seller go under contract to sell a property, who is responsible for turning on the utilities? How long must they stay on? When may a Buyer enter the property? Who else may enter the property? When must repairs be completed? Watch the video to find out these answers!