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Latest video published 9/3/2019
- Analyzing the Purchase Agreement
Universal characteristics of the purchase agreement; Identification; Price and terms; Acceptance and performance; Property conditions; Closing conditions; Brokerage fee; Signatures and agency confirmation
- The Purchase Agreement in Practice
A buyer’s use of the purchase agreement to prepare and submit a written offer to purchase property
- California Real Estate Forms and the Freedom of Choice
A broker’s freedom to use any real estate form they choose
- Purchase Agreement Types and Variations
The primary document used to negotiate a transaction between a buyer and seller
- Fee Sharing by a Broker Under RESPA
Acceptance of referral fess under the Real Estate Settlement Procedures Act (RESPA)
- Referral Fees and Business Development
Developing a business model for finding and locating new clients on a regular basis
- Finding and Introducing Participants
Services which may or may not be performed by an unlicensed finder
- Finders: a Nonlicensee Referral Service
Locating, identifying and referring potential clients to brokers and agents in exchange for a fee
- Provisions for Payment of a Fee
Entitlement to a fee under an agreed-to safety clause
- Agency Duties Owed to Buyers
Agency Duties Owed to Buyers (3:12) Covers: Special agency duties owed to a buyer when a broker and their agents locate property on the buyer’s behalf under an exclusive right-to-buy listing agreement; Best-effort obligation imposed in absence of a formal exclusive listing agreement; Due diligence obligations on the acquisition of a specific property More information about this ...
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