Topic · 10 policies
Buyers, showings & offers
Qualifying buyers, showings, open houses, writing and presenting offers
- 7.6Buyer Qualification PolicyWhether acting as an agent/loan officer of the seller or buyer, qualifying the buyer is a critical step in completing a property transaction. The Company strongly…
- 7.18Conducting Open HousesOpen houses are a great way to expose your listing for sale and to meet prospective buyers. Plan your open houses in advance and be sure they are advertised. In order to…
- 7.19Showing PropertiesWhenever possible, preview a property before showing it to prospective buyers. If you are familiar with the property you will be more effective when showing it to your…
- 7.21Drafting and Negotiating Contracts1. When preparing an offer to purchase on a purchase agreement form, or completing an addendum or counter-offer form, make sure that the: - All blank lines are filled or…
- 7.22Purchase Sale Contract Policy1. Sale Contract Completion As a member of the State and Local Association of REALTORS®, the Company uses the standard contract forms available through State and Local…
- 6.6Paperwork Procedures for Residential and Commercial Purchase TransactionsAssociates must provide and perform the following actions to complete a purchase file: 1\. Once any agency relationship is established, casual or formal, a communication…
- 10.34Failure to Submit Offers In A Timely MannerCompany policy is to always submit offers in a timely manner. A licensee must present all written offers to the owner of a property prior to the closing of a sale on the…
- 10.35Presentation of Competing OffersCompany policy is to always submit offers in the order they are received by the actual date and time. When practicing real estate, a licensee is often faced with how to…
- 10.36Failure to Submit Additional Offers after Seller Has Accepted an OfferCompany policy is to continue to submit ALL offers even after the seller has accepted an offer until the home is sold or unless the seller instructs the Associate in…
- 10.37Disclosure of Existence of Other OffersCompany policy is to disclose the existence of offers on a property and any unresolved contingencies. Under this standard a licensee is required to disclose the…
