Fees for withdrawal or termination of a representation agreement
Learn to protect your broker’s right to collect a fee when a seller-client removes their property from the market or cancels the representation agreement.
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Tag: sellers agent
The exclusive employment obligations of a broker
Learn the obligations of a seller and their broker under an exclusive seller representation agreement and whether a buyer is ready, willing and able to buy when submitting an offer to purchase.
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Confronting the illegal practice of price-fixing fees in 2025 — California style
How does a buyer broker or agent conduct discussions with a seller broker without falling back into consumer-unfriendly methods for representation and fee-setting?
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Lessons from the Field: Incomplete TDS
An agent, retained by a seller of property, has a duty to have the seller-client enter their truthful responses to property conditions itemized on a Transfer Disclosure Statement (TDS).
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The exclusive seller representation agreement
Learn why a seller representation agreement ensures the payment of a fee earned by the employment, how to prepare an exclusive seller representation agreement as the seller-client’s agent and explain the purpose of a seller representation agreement to a prospective seller-client.
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The agency law disclosure
Learn when the statutorily-mandated Agency Law Disclosure is required.
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Form-of-the-Week: Purchase Agreement variations and their addenda
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.
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Form-of-the-Week: Seller’s Net Sheet, and Buyer’s Cost Sheet — Forms 310 and 311
Demonstrate to your buyer and seller clients how broker fees are paid in RPI Forms 310 and 311.
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Form-of-the-Week: Request for Homeowner Association Documents and HOA Addendum — Forms 135 and 309
A seller agent uses RPI Forms 135 and 309 to disclose the existence of an HOA on a subject property.
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Counteroffers — practice dictated by buyer representation agreements
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.
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Form-of-the-Week: Authorizations to Prepare an NHD, and a Structural Pest Control Operator Report — Forms 131 and 132
A sellers agent uses Forms 131 and 132 to order out a Natural Hazard Disclosure (NHD) report and a Structural Pest Control (SPC) report.
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Risk management practices by the sellers agent in a declining market
In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.
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The mean price trendline: guidance for when to sell
Sellers who are going to sell within the next five years need to be advised to sell now, not wait.
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Form-of-the-Week: A comparative market analysis for setting prices and rents — Forms 318 and 318-1
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.
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Home defects face greater scrutiny in 2022’s cooling market
Today’s sobered homebuyers have greater liberty to leverage home defects to justify a price cut than they did the last two years.
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Home sellers unable to buy in 2022
Is it “timing the market” or an inability to buy that’s causing more sellers to become renters?
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Form-of-the-Week: Transfer Disclosure Statement, Unique Factors and Conditions Affecting Property and Seller’s Neighborhood Security Disclosure — Forms 304, 308 and 321
A seller’s agent discloses the existence of unique external factors or conditions affecting a property’s desirability or security conditions surrounding a property with RPI Forms 304, 308 and 321.
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Form-of-the-Week: Request for Notice of Mello-Roos Assessment and Notice of Your Supplemental Property Tax Bill — Forms 137 and 317
Agents use RPI Forms 137 and 317 to notify prospective buyers about the supplemental property taxes and bonded indebtedness they will receive upon transfer of ownership.
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Form-of-the-Week: Property Expense Profile and Homeowners’ Association (HOA) Addendum — Forms 306 and 309
A seller’s agent uses RPI Form 306 to disclose a residential property’s monthly operating costs and RPI Form 309 to disclose HOA use restrictions.
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Form-of-the-Week: Agency Law Disclosure — For Sales, Exchanges and Leases Greater Than One Year — Forms 305, 305-1 and 550-2
An agent uses the Agency Law Disclosure to comply with California disclosure laws setting forth the conduct required of real estate licensees when assisting a principal in a targeted transaction.
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