Office meeting, Tuesday, May 1st @ 10:00am..

posted Apr 23, 2018, 7:15 PM by Brian G. Walsh   [ updated Apr 23, 2018, 7:15 PM ]

Hard to believe May is here!  If you can make it next Tuesday I hope you will..  Thanks, BGW

Consumer guides & home warranty data collection forms..

posted Apr 21, 2018, 6:17 AM by Brian G. Walsh   [ updated Apr 21, 2018, 6:17 AM ]

Consumer guides and home warranty data collection forms seem to be the most requested missing documents in our daily practices. I recently met with a client and directly afterward had them sign the Consumer Guide via Docusign. In the subject line of the Docusign I put Consumer Guide - (Client's name).  This way when I turn in the deal I can go back to Docusign and search for it by client's name and Consumer Guide and find it with ease to send to PP while staying compliant with the ODRE. I was also thinking with occupied homes it might be easiest to have homeowner assist with sending you appliance brands for completing Home Warranty Data Collection form when appropriate to spare you the time of running over to home. Thanks, BGW

Office Website

posted Apr 16, 2018, 9:47 AM by Brian G. Walsh   [ updated Apr 16, 2018, 9:47 AM ]

I did some maintenance on the office website and so if you bookmarked the long link it will no longer work.  Please use one of these two links to get to it now:

https://sites.google.com/a/rmxpros.com/top-flight-professionals/

http://homesmarttfp.com/

My apologies for the confusion,

BGW

Earnest money..

posted Apr 13, 2018, 11:19 AM by Brian G. Walsh

Many of you forward your buyer's earnest money check directly to the escrow company which is fine.  Eventually I will be adding a task in PP for staff to confirm that the escrow company has received and deposited.  If you like you can include this FORM that I created to go along with the check when you mail it.  This way when the check is received hopefully they will acknowledge.  The form can be found in the Other section of our Documents and is called Earnest Money Acknowledgment.  Thanks, BGW

Forwarding emails or texts from our client to the agent on other side..

posted Apr 10, 2018, 11:21 AM by Brian G. Walsh

It is best to refrain from forwarding texts or emails from our clients to the agent on the other side in responding to a request.  If there is question that needs to be answered please ask the client and respond to the agent on the other side as succinctly as is possible.  Thanks, BGW

Final draft of new contract..

posted Apr 8, 2018, 12:29 PM by Brian G. Walsh

Good afternoon:

I have not heard from any of you regarding changes to purchase agreement so I had final review by attorney on Friday and you will find attached. I will need to have approved by our E&O insurance carrier then get to work putting in to service so please do not use until I let you know. I feel real good about it, it will lessen load on you as far as filling out and provide for some of the things that were missing in our daily practice. Below please find a synopsis of the changes:

Escrow agent language added (highlighted on attached)
Building code or health violations amended (highlighted on attached)
C.A.U.V. language has been removed
Line numbers added
5 pages instead of 6
Walk through provision built in
Cyber security language added in bold
No initial/date spots at bottom of first 4 pages (pages referenced so only need sig on page 5)
Other places initials removed
Slightly larger margins
Easier to read font
Less redundant language
Seller closing cost contribution language added
Rent back language cleaned up
Secondary offer language removed
Inspection:
Costs assumed responsibility of buyer
Check Yes only (no check No)
Language bolded speaking to buyer about inspections
Provision added that adds 5 days to inspection period and additional inspections if recommendations for additional inspections are called for
3 day response period to seller starts at the completion of last inspection (instead of after each inspection)
Additional option to negotiate costs or reduce sales price after inspection
Terminating due to inspection made easier.
Mutual release after 4 days instead of 3, after reviewing with counsel we need to leave this as is.

Thanks,

BGW


VA financing on our listings..

posted Apr 7, 2018, 4:58 PM by Brian G. Walsh

Should you receive and offer on your listing with VA financing it would be best to get with me to discuss. Between VA non-allowable charges and the potential for the veteran to ask for closing costs concessions the charges can really add up for seller and so I can help with a full accounting so there are no surprises.  Thanks, BGW

Lorri letters..

posted Apr 6, 2018, 8:37 PM by Brian G. Walsh

I thought I would mention again the importance of writing letters to sellers on behalf of our buyer clients in an effort to let them know how much they really like the home and how well suited it is for them along with their offer.  I have heard many success stories from Lorri Marginian in writing these heartfelt letters including but not limited to winning in multiples.  It would be my guess that most sellers would value a letter from a buyer as most want to see their home go to someone who really likes it and/or may have things in common with them when they first purchased it.  It takes some time and thought but I can't tell you how many times Lorri has told me it helped her clients.  Lorri also displays a similar letter at her listings written from her seller(s) describing why they bought the home and has had similar successes in that regard.  Again, it takes some time and thought but pays dividends far in excess of the effort.  Thanks, BGW

OAR Newsletter..

posted Apr 3, 2018, 5:29 AM by Brian G. Walsh

Policies & Procedures..

posted Mar 27, 2018, 1:40 PM by Brian G. Walsh

Per our independent contractor agreement I have established a Policies & Procedures Guide for the company.  Please take the time to read it as it covers a variety of things of importance.  It is password protected through Paperless Pipeline so you will need your login credentials.  If you have any questions please let me know or you can bring them with you to our meeting next week.  Here is link to document and you can find in our Toolbox under Procedures/ID's: https://app.paperlesspipeline.com/o/download-doc/84299/
  Thanks, BGW

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