HORROR STORY OF THE WEEK!!

HORROR STORY OF THE WEEK!!

Appraisal came in low.  Listing agent protested.  Loan officer asked for the comps the agent had that justified the purchase price.  Listing agent said, ‘I don’t have any’. Loan officer tried again.  ‘Do you have your CMA from when you listed the property?’  ‘I don’t...
ABOUT LIABILITY

ABOUT LIABILITY

I have been handing out a form in recent classes.  My goal is to get some ideas of what real estate agents want in  topics for new classes.  Some of the questions ask about how long the student has been licensed and if they have a Managing Broker’s license and if not,...
DUE DILIGENCE

DUE DILIGENCE

Do you do more than is expected of you? The agent stopped by his seller’s house on his way home, something he did each week.  The property was vacant; the sellers had moved out of state. The property was due to close in two weeks and he felt good about getting a...