Barb Schlinker The Real Estate Voice

Top 4 Dumbest Real Estate Contract Clauses and What you Can do About them & Hot New ListingsSegment 4What are some of the clauses in our state real estate contract that you think are really dumb and what can home sellers do about it?The state regulatory agency, DORA, does not require agents to explain contracts.Take Time to Go Over Every Real Estate Contract with My ClientsA real estate purchase and sale is one of the largest financial transaction Most agents struggle to explain themAll agents are licensed to “practice law” in real estate by “filling out” the forms given to us by the state regulatory agency.All licensed agents are required to use the same forms They are legal documents that have legal ramificationsBuilders do NOT use the state formsState Contracts are Buyer FriendlyBuyers have places in the contract to terminate over:They don’t like Title WorkThey don’t like Homeowners InsuranceThey don’t like the InspectionThey don’t like the AppraisalThey don’t like the SurveyThey don’t like the Due Dil