purchase agreement | firsttuesday Journal

Acceptance of an offer

by Amy Platero | Nov 5, 2025 | Buyer Representation, Buyers and Sellers, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn when a binding agreement to buy and sell real estate is formed and how to assist clients by preparing and submitting or responding to an offer to buy real estate.

An agreement starts as an offer

by Amy Platero | Oct 20, 2025 | Buyer Representation, Buyers and Sellers, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn the contract elements comprising an enforceable agreement and how to manage the submission of an offer for the sale, lease or exchange of real estate.

The seller breaches the purchase agreement

by Amy Platero | Sep 9, 2025 | Buyer Representation, Buyers and Sellers, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn to conduct a transaction as a buyer agent when a seller breaches the purchase agreement with a buyer, discuss remedies available to the buyer and review money losses the buyer may recover on a seller’s breach.

Form-of-the-Week: Purchase Agreement variations and their addenda

by Amy Platero | Mar 14, 2025 | Forms, Fundamentals, Real Estate | 0

The diversity of people, properties and situations in real estate transactions requires a diverse array of purchase agreements on which to write and submit an offer to acquire real estate.

Purchase Agreement — Other than One-to-Four Residential Units — RPI Form 151

by ft Editorial Staff | Feb 5, 2025 | Forms | 0

Download the Form This form is used by a buyer broker when preparing an offer for their buyer-client to purchase an interest in other than one-to-four unit residential property. Your use of RPI Form 151 Purchase agreement...

Form-of-the-Week: Purchase Agreement — For Other than One-to-Four Residential Units — Form 151

by Amy Platero | Feb 5, 2025 | Buyer Representation, Commercial, Forms, Investment, Real Estate | 0

A buyer broker uses RPI Form 151 when preparing an offer to purchase income-producing real estate, excluding one-to-four unit residential property.

Counteroffers — practice dictated by buyer representation agreements

by Amy Platero | Dec 2, 2024 | Buyer Representation, Buyers and Sellers, Fundamentals, Real Estate | 0

Learn how to counter an offer with a purchase agreement calling for the buyer to pay the broker fee and avoid claims of tortious interference.

Form-of-the-Week: Purchase Agreement — for One-to-Four Residential Property — with Buyer Broker Fee Provision [RPI Form 150]

by Amy Platero | Nov 23, 2024 | Buyer Representation, Buyers and Sellers, Forms, Fundamentals, Real Estate | 0

A buyer agent uses RPI Form 150 when preparing an offer for their buyer to purchase one-to-four unit residential property with a fee provision for disbursing the buyer broker fee from the purchase price.

FOTW: Buyer Representation Agreements and Renewals — Forms 103.1, 103.2, 103.1A and 103.2A

by Amy Platero | Oct 14, 2024 | Buyer Representation, Forms, New Laws, Real Estate, Your Practice | 0

Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.

May an HOA trim trees on a parcel within the HOA when its CC&Rs do not include a tree-cutting provision while other parcels do have a provision?

by Robin Jennings | Sep 6, 2024 | Real Estate, Recent Case Decisions | 0

In re: Colyear v. Rolling Hills Facts: A homeowners’ association (HOA) wants to trim trees on a...

RPI real estate forms have always been in compliance with NAR’s most recent antitrust settlement

by Amy Platero | Apr 9, 2024 | Feature Articles, Forms, Fundamentals, Real Estate, Your Practice | 0

Unlike trade unions, RPI forms for decades has had methods for the buyers broker to set their own fees and disclose the fee amount to their buyer clients.

Form-of-the-Week: Personal Property Inventory, and Security Agreement For Note Secured by Personal Property — Forms 256 and 436

by Amy Platero | Jan 5, 2024 | Finance, Forms, Mortgages, Real Estate | 0

These forms are used by a seller’s agent or escrow officer when preparing a purchase agreement or counteroffer for a real estate transaction when the transfer of personal property is included and when on a carryback sale the price includes the transfer of personal property which together with the property sold will be security for the carryback note, to grant the seller a security interest in the personal property.

Form-of-the-Week: Ordinance Compliance, and Service and Maintenance Providers — Forms 307 and 324

by Amy Platero | Dec 28, 2023 | Forms, Property Management, Real Estate, Your Practice | 0

These forms are used by a sellers agent as part of the Transfer Disclosure Statement (TDS) to comply with city or county ordinance disclosure requirements and to disclose information about service and maintenance providers currently used on a property listed for sale.