Barb Schlinker The Real Estate Voice
Confusing Real Estate Contract Clauses to Watch Out For When You Sell a Home
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:12:53
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Sinopsis
In Colorado, I know we don’t typically use attorneys to draft these legal contracts. Real estate agents are licensed to fill out the forms the state gives them to complete the legal contracts for buyers and sellers. What are some Confusing Clauses you see that home sellers should watch out for in selling homes?●These contracts were designed to make sense to buyers and sellers and be completely understandable:●Real estate agents are NOT supposed to Make Up language that could be considered ‘practicing law without a law license’. ●Yet, it happens all the time.○Some of their brokers ask their agents to include, as part of the contracts they are writing, their company-specific addendums which alter the meaning of the contract…most often… in favor of their client○Technically, if we have our clients sign ANY, non- State Approved company specific addendums, we MUST hire an attorney to explain them to our clients. ●It’s just not very practical if you have 8 buyers waiting to hear an answer on their offers – to go h