No video :(

Selling to Unrepresented Buyers: Operation Evolve: Episode 14

Подписаться 12 тыс.

Просмотров 3,5 тыс.

50% 1

In this next round of Legal Hotline videos, we continue our Operation Evolve series! As we approach the six-month milestone with the new Washington State Agency Law standards, Washington REALTORS® Legal Hotline Lawyer, Annie Fitzsimmons, addresses key issues raised by our members via the Legal Hotline. In this episode, the discussion focuses on brokers representing sellers who work with unrepresented buyers in real estate transactions.
Tune in to stay confident and stay informed.
Don't forget to share with other agents and subscribe!
Starring Annie Fitzsimmons (WR's Legal Hotline Lawyer)
WR's Friday Videos & Legal Hotline are also available as
podcast episodes on Apple Podcasts & SoundCloud!
podcasts.apple...
/ washington_realtors
For more information on Washington REALTORS®, visit warealtor.org
--------------------------
Legal Hotline Video featuring Annie Fitzsimmons, Washington REALTORS® Legal Hotline Lawyer - The Legal Hotline is a Washington REALTOR®Member-only benefit. These videos are intended for Washington REALTOR® members. If you have questions and are a primary member in good standing with Washington REALTORS®, visit www.warealtor.org to contact the Legal Hotline Lawyer. You will need your NRDS ID and password to inquire with the Legal Hotline or search the database.
Copyright © 2023 Washington REALTORS®.
Please contact Washington REALTORS® (1-800-562-6024)
before using this video outside of RU-vid.

Опубликовано:

21 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 13

@NinaBjornstal 19 дней назад

This should be interesting going forward

@haiyoungyang 2 месяца назад

excellent topic! thank you!

@Holcombshomes 2 месяца назад

Great video!!

@stphinkle 2 месяца назад

An unrepresented buyer CAN write their own offer without a broker or a lawyer but it is risky. They will also be waiving their right to errors and omissions coverage. There are also public versions of the transaction form templates available for self represented buyers (one can Google for these) but but these are not backed the realtors associations attorneys. But unrepresented buyers have to do everything themselves (prepare the offer, obtain financing, deal with title and escrow, etc). While it is best to use an attorney or agent for things to go smoothly, one can do it all themselves if they know what they are doing. I don't recommend going alone for a first time buyer though. I predict if the number of unrepresented buyers increases, the buying process is going to go in the direction of simplicity, more as-is sales, less contingencies in offers, and buyers doing more of the search work themselves, possibly contacting the sellers agent if one wants to to tour a property that they are interested in.

@rack9458 2 месяца назад

This is going to happen far more often as buyers are far less likely to work with a buyers agent.

@gh-terri5707 2 месяца назад

And then the next round of lawsuits will begin.

@larryjones9773 23 дня назад

The rest of the world rarely has buyer's agents. America's process has been rigged for decades.

@CascadeLivingbyScottSpiker 2 месяца назад

All good and fine. I get the buyer wants to save money and go un-represented, but am I, as listing agent, obligated to write said offer for buyer at no cost if I don't want to? Could their be just a paperwork charge for that or do I actually have to have a Buyer Broker agreement in place just to do paperwork and collect a fee for that?

@WashingtonREALTORS 2 месяца назад

Hi there! If you are a Washington REALTORS member, please direct your question to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!

@larryjones9773 23 дня назад

If you want to sell the home, hand the buyer a standardized contract. Your fee should be $0. Your days of ripping off the public are about to end.

@BethAnnLong 2 месяца назад

Can a seller say they won't work with an unrepresented buyer?

@WashingtonREALTORS 2 месяца назад

Hi there! If you are a Washington REALTORS member, please direct your question to Annie at our Legal Hotline here: www.warealtor.org/membership/for-members/legal-hotline. Thank you!

@larryjones9773 23 дня назад

Most buyers will be unrepresented. If you want to avoid being sued, you will work with unrepresented buyers.