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CYA: Seller’s Disclosure FAQ’s

Caveat emptor may have been the norm in residential real estate long ago, but today a buyer-beware approach would land sellers and their agents in hot water. Seller’s disclosure rules exist to ensure that sellers don’t ignore or hide material information about a property that buyers might want to factor into their decisions. Disclosures also help sellers steer clear of accusations down the road that they were concealing details that buyers would have wanted to know. Here are some frequent questions regarding seller’s disclosure laws.

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CYA: MLS Compensation Offer Different Than Contract Amount

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CYA: Addendum for Sale of Other Property by Buyer with Multiple Offers

What happens when you have an Addendum for Sale of Other Property by Buyer and receive a backup offer?

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CYA: Do Mailbox Keys Convey

When your clients move, what happens to their mailbox key? Does the mailbox key convey to the next owner?

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CYA: Where to Send the Fee to Extend the Termination Option

With the recent changes made to the TREC Residential Contract Form, we know that the Option Fee is now to be delivered to the title company, but, what does that mean when extending the Termination Option period?

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Texas Real Estate Contracts – Wire Fraud Warning

Learn about the Wire Fraud Warning for Buyers & Sellers. What is wire fraud and how to avoid it in real estate transactions.

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CYA: What Makes a Room a Bedroom?

Does That Count as a Bedroom?

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Expectations for Sellers – Conversations and Situations for both buyers and sellers markets

In this video we discuss how initial conversations can change when talking with sellers in a seller’s market vs. a buyer’s market.

The conversations and expectations should change along with the market conditions. Understanding how it affects the seller will help you to have high quality conversations that lead to a smoother transaction.

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CYA: Changes to the Code of Ethics 2022

NAR’s Code of Ethics, adopted in 1913, was one of the first codifications of ethical duties adopted by any business group. The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients’ best interests. Here are the changes you need to know about for 2022.

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Listing Process Overview & Checklists

This is an overview for our Seller’s Series – working with sellers in real estate is a skillset that requires a different set of systems, organization, and expertise than that of working with buyers.

We’ll evaluate the listing process, the key steps, and more – the full course is available at MyEmpowerAcademy.com

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