Tag Archives: Contract

Days that count….

I am the listing agent for a long time customer of mine.  We did the usual pictures, yard, sprucing up the property etc.  We received an offer and after a short period of negotiation, Buyer and Seller settled on a … Continue reading

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When do you have an effective date?

Ok I know I have mentioned this before, but when do you have an effective date?  The effective date (as written in the contract ) is the date the last party signs or initials.  So I go by the contract…but … Continue reading

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What would you have done?

OK, today is where I may make multiple enemies. I received an offer for one of my listings, the buyer’s agent doesn’t speak English or very little, and I don’t speak Spanish…not even a little.  So she is probably better … Continue reading

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What does New Price, Reduction, Owner Very Motivated really mean?

Today I went through the Miami Herald, and yes I still read the printed, paper version.  The reasoning behind it is the real estate ads, the full, half, quarter and all the smaller ones. I do that to discern the … Continue reading

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Time is of the Essence

Time is of the Essence.  What exactly does that mean?  It means: Once a contract is executed, you HAVE to proceed according to the dictates of the contract that your customer has signed.  If you go one day beyond, or … Continue reading

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Active or Pending?

This week’s Title tells all: If you have an executed contract, the listing should be in Pending with subject to inspections, third party approvals, etc.  It should NOT be Active! It could also be Pending Back-up – signaling to all that your seller … Continue reading

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ooooops!

Yes, there are days where I am not sure what day it is as today.  So you get my rants and raves a day late this week! One of my listings is supposed to close next week, this is the … Continue reading

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