Comments on: READ THE DISCLOSURES and PRELIMINARY TITLE REPORT! http://thefrontsteps.com/2007/06/26/read-the-disclosures-and-preliminary-title-report/ Real Estate, Insight, Statistics, Gossip, & News...With a Twist and Some Flavor Thu, 09 Feb 2012 07:18:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ned http://thefrontsteps.com/2007/06/26/read-the-disclosures-and-preliminary-title-report/comment-page-1/#comment-17042 Ned Mon, 25 Jul 2011 21:07:03 +0000 http://thefrontsteps.com/2007/06/26/read-the-disclosures-and-preliminary-title-report/#comment-17042 Points are all well taken. However the real estate lic. in many states prohibits, by vertue of the liability that a broker has, from doing many things that you would like. The issues that presented them selves in the title report however should have been flaged by the Agent. It is important for a buyer to understand and retain an agent as a "buyers agent" so that the buyer is represented. The sellers agent is not going to spend the time or dillagence with you. Points are all well taken. However the real estate lic. in many states prohibits, by vertue of the liability that a broker has, from doing many things that you would like. The issues that presented them selves in the title report however should have been flaged by the Agent. It is important for a buyer to understand and retain an agent as a “buyers agent” so that the buyer is represented. The sellers agent is not going to spend the time or dillagence with you.

]]> By: eddy http://thefrontsteps.com/2007/06/26/read-the-disclosures-and-preliminary-title-report/comment-page-1/#comment-1347 eddy Tue, 26 Jun 2007 16:49:00 +0000 http://thefrontsteps.com/2007/06/26/read-the-disclosures-and-preliminary-title-report/#comment-1347 At the risk of offending the larger community here I feel pretty strongly that this is an issue with Realtors. There are a lot of people in this business these days that are purely in it as a matchmaking business to find buyers and sellers; oh and here is my preferred lending agent! A Realtor that will take responsibility for helping me understand the disclosures, title process, find the best loan, guide me through closure, ensure that I avoid pitfalls, maybe recommend some contractors and slip me a tip about who are the best permit expediters, and then buys me a plant for the Front Steps of my new house is worth every cent of their earned commissions. OTOH, an agent that presses me to over-bid with no contingencies and super rushed close process isn't 'earning' their money. Same goes for the sell side. An individual will only go through the buy/sell process a few times and can't be expected to navigate the process alone. And that is what a lot of realtors do with their clients. They process the paperwork and push the clients through the process. For all the grief people are throwing at Realtors these days (myself included to some extent) there is actually a small group of connected Realtors that are really dialed into the market and can help the buyers and sellers. This is a job and finding the right person to buy or sell you house is actually pretty critical. Eddy [<strong>editor's note</strong>: Very well stated. Thank you.] At the risk of offending the larger community here I feel pretty strongly that this is an issue with Realtors. There are a lot of people in this business these days that are purely in it as a matchmaking business to find buyers and sellers; oh and here is my preferred lending agent! A Realtor that will take responsibility for helping me understand the disclosures, title process, find the best loan, guide me through closure, ensure that I avoid pitfalls, maybe recommend some contractors and slip me a tip about who are the best permit expediters, and then buys me a plant for the Front Steps of my new house is worth every cent of their earned commissions. OTOH, an agent that presses me to over-bid with no contingencies and super rushed close process isn’t ‘earning’ their money. Same goes for the sell side. An individual will only go through the buy/sell process a few times and can’t be expected to navigate the process alone. And that is what a lot of realtors do with their clients. They process the paperwork and push the clients through the process.

For all the grief people are throwing at Realtors these days (myself included to some extent) there is actually a small group of connected Realtors that are really dialed into the market and can help the buyers and sellers. This is a job and finding the right person to buy or sell you house is actually pretty critical.

Eddy

[editor's note: Very well stated. Thank you.]

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