DOCSLIB.ORG

Top News Extended Eviction Moratorium and Emergency Rental

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Top News Extended Eviction Moratorium and Emergency Rental WRA Legal News Weekly January 11, 2021 Top News: • Extended Eviction Moratorium and Emergency Rental Assistance • Increase Diversity with Partnership for Success • Legal Hotline Available on Sunday Afternoons Legal Hottips: • Criteria for protected buyers • Repair of RECR defect • Discriminatory covenants • Condominium executive summary • Possible material adverse facts Top News Extended Eviction Moratorium and Emergency Rental Assistance In the latest COVID-19 relief act, Congress extended the Centers for Disease Control and Prevention (CDC) imposed eviction moratorium through January 31, 2021, and established a $25 billion fund to assist those who have missed rent or utility payments due to the pandemic. Grant money may be used to pay current and past due rent, utilities, home energy costs and other housing expenses incurred due to COVID-19. The Emergency Rental Assistance Program prioritizes assistance for households that have income totaling less than half the area median household income or where an individual has been unemployed for more than 90 days. Individuals who have qualified for unemployment benefits, experienced a reduction in household income, had other financial hardship due to COVID-19, or can demonstrate a risk of homelessness or housing instability can also apply. Any assistance received will not be treated as income. The act allows landlords and owners to assist renters in seeking grant money and allows the landlords to apply on behalf of a renter in their dwellings. If a landlord submits an application, the landlord must obtain the tenant’s signature either wet or electronic, provide the tenant a copy of the application and use any payments received to satisfy the tenant’s rental obligations. The specific application form and process has yet to be provided. See New Relief for Renters at www.consumerfinance.gov/about-us/blog/new-relief-for-renters and Emergency Rental Assistance Program Information for Renters at https://home.treasury.gov/policy- issues/cares/emergency-rental-assistance-program Increase Diversity with Partnership for Success The WRA Partnership for Success Program is designed to promote diversity within the REALTOR® membership and enhance the probability of long-term success for new minority agents. The Program offers the successful minority candidate the opportunity to have one year of REALTOR® dues and six months of MLS fees covered, and to attend real estate practice courses and networking events. Some Program benefits are “paid forward” via cash reimbursements or community service hours within three years. Potential applicants and their sponsoring brokers can obtain the application forms and watch the videos at www.wra.org/Partnership for more information. The Partnership for Success gives firms a way to recruit new agents and promote diversity based on race, color or national origin. Learn from Sean Lewis, the director of talent acquisition for EXIT Elite Realty, how the Partnership for Success can help you help a new agent by mentoring the agent and reducing barriers to entry such as dues and MLS fees. See Episode 23 of the Thursday Takeaways videos discussing the Program at www.wra.org/Education/Thursday_Takeaways/Thursday_Takeaways_- _Partnership_for_Success Do you know a good candidate for the WRA’s Partnership for Success program? In Episode 24 Sean Lewis explores the application process and how you can assist your new agent through the process successfully. Visit www.wra.org/ThursdayTakeaways/Episode24. And be sure to stay up to date on fair housing-related information by visiting the WRA Cultural Diversity in Housing Program Facebook page at www.facebook.com/CulturalDiversityInHousing. Legal Hotline Available on Sunday Afternoons The WRA offers WRA Legal Hotline hours on Sunday afternoons from 1:00 to 4:30 p.m. As always, members can submit questions online or by phone, and request a phone call, a written response or both. The WRA knows your transactions do not stop moving on the weekend so a WRA hotline attorney is available on Sunday afternoons. Hotline Listing Contracts – Protected Buyers QUESTION: The broker has provided a list of protected buyers to the seller within the required time frame after listing contract expiration. One of the protected buyers contacted the broker and insists his name be removed from the protected buyers list because he does not believe that “negotiations” took place during the term of the listing. The broker did speak with this buyer about his potential purchase of this vacant lot, which is adjacent to where this buyer’s home is located. The broker has been in contact with the owner/seller of the vacant lot (under broker’s former listing) and has offered to write an offer with this protected buyer. Neither the buyer nor the seller wants to cooperate with writing an offer and they continue to insist they have not been in discussion about the potential purchase of this lot. However, within days of the expiration of the broker’s listing, the broker received the call from the buyer asking why his name is on the protected buyers list that was sent to the seller. Is there a statute or other documentation establishing the protected buyer requirement and criteria for negotiation? Also, are there any case law examples that would show how the courts interpret who is or is not a protected buyer? ANSWER: The listing contract documents the relationship between the seller and the listing firm. The buyer does not have a say in whether or not the buyer is a protected buyer. The broker may refer the seller to the terms of the listing contract. The broker has the authority to continue to provide the brokerage services to the seller with regard to properly protected buyers, including offering to draft an offer to sell. Lines 255-271 of the WB-4 Vacant Land Listing Contract provide: PROTECTED BUYER: Means a buyer who personally, or through any Person Acting on Behalf of Buyer, during the term of this Listing: 1) Delivers to Seller or the Firm or its agents a written offer to purchase, exchange or option on the Property during the term of this Listing; 2) Views the Property with Seller or negotiates directly with Seller by communicating with Seller regarding any potential terms upon which the buyer might acquire an interest in the Property; or 3) Attends an individual showing of the Property or communicates with agents of the Firm or cooperating firms regarding any potential terms upon which the buyer might acquire an interest in the Property, but only if the Firm or its agents deliver the buyer’s name to Seller, in writing, no later than three days after the earlier of expiration or termination (lines 196-204) of the Listing. The requirement in 3), to deliver the buyer’s name to Seller in writing, may be fulfilled as follows: a) If the Listing is effective only as to certain individuals who are identified in the Listing, by the identification of the individuals in the Listing; or, b) If a buyer has requested that the buyer’s identity remain confidential, by delivery of a written notice identifying the firm or agents with whom the buyer negotiated and the date(s) of any individual showings or other negotiations. A Protected Buyer also includes any Person Acting on Behalf of Buyer joined in interest with or otherwise acting on behalf of a Protected Buyer, who acquires an interest in the Property during the extension of listing period as noted on lines 191-195. In Burkett & Associates, Inc., Century 21 v. James M. Teymer, 2009 WI App 67, the court found that the standards for determining whether negotiation has occurred are found in Sonday v. Dave Kohel Agency, Inc., 2006 WI 92 (see a case summary and link to the case opinion on page 12 of the August 2006 Legal Update, “Legislative Update 2006,” at www.wra.org/LU0608). In the Burkett case, the court noted the listing agent provided property information and the list price to the buyer on the telephone in response to his inquiry and later faxed the property data sheets, Real Estate Condition Report (RECR), survey maps and other information to the buyer at his request. This two-way communication was enough to constitute negotiation for the purposes of the listing contract definition, the court concluded. The court also remarked that, “We are not suggesting that a broker negotiates by unilaterally sending information to other parties. Here, ATC expressed an interest in the property and asked for sales information. Burkett then provided that information. This two-way communication fulfills the contract’s definition of negotiate.” READ MORE ABOUT IT: The Burkett case is summarized on pages 1-3 of the May 2009 Legal Update, “Case Law Update,” at www.wra.org/LU0905, and the Sonday case is summarized on page 13 of the September 2007 Legal Update, “Legal Action Update 2007,” at www.wra.org/LU0709. Also see the discussion of First Weber Group v. Guyant, 2011 WI App 84, on pages 2-3 of the November 2011 Legal Update, “Case Law Update 2011,” at www.wra.org/LU1111. Offer to Purchase – Inspection Contingency QUESTION: If a seller discloses an item as a defect on the seller’s Real Estate Condition Report and a buyer has an inspection, can the buyer ask them to fix/cure the defect? If the seller refuses, can the buyer get out of the transaction by issuing a Notice of Defects? ANSWER: Amendment Requesting Cure After a buyer has an inspection, the buyer can always ask the seller to cure any defect by offering a WB- 40 Amendment to Offer to Purchase, even if the buyer was aware of the defect because the seller disclosed it on the seller’s RECR. The seller is not obligated, however, to accept the buyer’s amendment.
Load more

Recommended publications
  • YOUR RIGHTS AS a HOMEBUYER OR SELLER Your Rights As a Homebuyer Or Seller
    Wisconsin REALTORS® Association YOUR RIGHTS AS A HOMEBUYER OR SELLER Your Rights as a Homebuyer or Seller Congrats on your decision to pursue homeownership! Buying or selling a home is an important life event that requires many important decisions. This booklet explains the services you may expect from a licensed real estate agent and the duties these professionals owe to you under the law. Wisconsin law provides strong protections for all real estate consumers. For more real estate information designed for you, the consumer, visit the WRA’s Downloadable Consumer Brochure page online at www.wra.org/dcb. What’s a real estate agent? that the buyer has the insurance binder and a certified check for A real estate agent is a professional licensed by the state of payment. Wisconsin to help you buy or sell your home. The agent’s job Not all real estate licensees provide the same services, nor do is to bring buyers and sellers together and help them reach an they charge the same fees. To ensure that you are getting the agreement. An agent also provides other services. best value for your money, ask the real estate agents in your community what services they provide, what they charge, and what A real estate agent may assist both parties in negotiating the additional services are recommended or are necessary to complete purchase contract and in filling out certain legal contract forms. the transaction. It is always recommended that you consider the Forms such as the offer to purchase and counter-offer are typically services of an experienced real estate attorney as early in the used during a real estate transaction.
    [Show full text]
  • Wb-1 Residential Listing Contract - Exclusive Right to Sell
    Approved by the Wisconsin Real Estate Examining Board Page 1 of 6, WB-1 7-1-16 (Mandatory Use Date) WB-1 RESIDENTIAL LISTING CONTRACT - EXCLUSIVE RIGHT TO SELL 1 SELLER GIVES THE FIRM THE EXCLUSIVE RIGHT TO SELL THE PROPERTY ON THE FOLLOWING TERMS: 2 ■ PROPERTY DESCRIPTION: Street address is: ______________________________________________________ 3 _______________________________________________________________________________________________ 4 in the _________________ of ________________________________, County of _____________________________, 5 Wisconsin. Insert additional description, if any, at lines 303-308 or attach as an addendum per lines 309-310. 6 ■ INCLUDED IN LIST PRICE: Seller is including in the list price the Property, all Fixtures not excluded on lines 12-14, 7 and the following items: ___________________________________________________________________________ 8 _______________________________________________________________________________________________ 9 _______________________________________________________________________________________________ 10 _______________________________________________________________________________________________ 11 ______________________________________________________________________________________________. 12 ■ NOT INCLUDED IN LIST PRICE: __________________________________________________________________ 13 _______________________________________________________________________________________________ 14 ______________________________________________________________________________________________.
    [Show full text]
  • EXCLUSIVE RIGHT-TO-SELL LISTING CONTRACT SELLER AGENCY TRANSACTION-BROKERAGE Date
    The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (LC50-6-19) (Mandatory 1-20) DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE BUYER AGENCY, SELLER AGENCY OR TRANSACTION-BROKERAGE. EXCLUSIVE RIGHT-TO-SELL LISTING CONTRACT SELLER AGENCY TRANSACTION-BROKERAGE Date: 1. AGREEMENT. Seller and Brokerage Firm enter into this exclusive, irrevocable contract (Seller Listing Contract) and agree to its provisions. Broker, on behalf of Brokerage Firm, agrees to provide brokerage services to Seller. Seller agrees to pay Brokerage Firm as set forth in this Seller Listing Contract. 2. BROKER AND BROKERAGE FIRM. 2.1. Multiple-Person Firm. If this box is checked, Broker (as defined below) is the individual designated by Brokerage Firm to serve as the broker of Seller and to perform the services for Seller required by this Seller Listing Contract. If more than one individual is so designated, then references in this Seller Listing Contract to Broker include all persons so designated, including substitute or additional brokers. The brokerage relationship exists only with Broker and does not extend to the employing broker, Brokerage Firm or to any other brokers employed or engaged by Brokerage Firm who are not so designated. 2.2. One-Person Firm. If this box is checked, Broker (as defined below) is a brokerage firm with only one licensed. References in this Seller Listing Contract to Broker or Brokerage Firm mean both the licensed person and brokerage firm who shall serve as the Broker of Seller and perform the services for Seller required by this Seller Listing Contract.
    [Show full text]
  • Code of Colorado Regulations
    F. Use of Commission Approved Forms F-1 Permitted and Prohibited Form Modifications (a) No modifications shall be made to a Commission-approved form by a broker except as provided in rules promulgated by the Commission and as set forth in this Rule F-1 through F-7. For purposes of Rule F-1 through F-7, the term “Commission-approved form” means any form promulgated by the Commission; the term “broker” shall also include brokerage firm. (b) A broker may add its firm name, address, telephone, e-mail, trademark or other identifying information on a Commission-approved form. (c) A broker may add initial lines at the bottom of a page of any Commission-approved form. (d) Any deletion to the printed body of a Commission-approved form, or any “Additional Provision” or “Addenda” which by its terms serves to amend or delete portions of the approved language, must result from negotiations or the instruction(s) of a party to the transaction and must be made directly on the printed body of the form by striking through the amended or deleted portion in a legible manner that does not obscure the deletion that has been made. (e) Blank spaces on a Commission-approved form may be lengthened or shortened to accommodate the applicable data or information. (f) Provisions that are inserted into blank spaces must be printed in a style of type that clearly differentiates such insertions from the style of type used for the Commission-approved form language. (g) A broker may omit part or all of the following provisions of the “Contract to Buy and Sell Real Estate” , or corresponding provisions in other Commission-approved forms, if such provisions do not apply to the transaction.
    [Show full text]
  • Breaking a Contract with Real Estate Agent
    Breaking A Contract With Real Estate Agent Sortable Sheffield straight-arm regionally and snugly, she prods her grossularite confutes cheerfully. Immersible and Marxian Robinson still excrete his crests revengefully. Weidar devises filthily? How long distance that must occur within a contract real agent with estate agent is attached to Steve reese without making any buyers through for damages clause of breaking a tenant? If you can go bigger, install solar panels. Good discussion of focus subject began a real estate agent's authority to rattle his or her middle to death contract Will the truck be terminated by the. Must fill out of the estate contract form promulgated buyer is one of your home, and reviewing the earnest money that the seller? The news from hungry buyer must agree to edit this communication is also used in addition, meaning of breaking a real estate contract agent with a bit more flexibility with them to? In beautiful real estate purchase contracts buyers have the ability to walk. The school step in canceling a listing contract is establishing the grounds for cancellation. Can I cancel that contract by three days of signing it Nolo. Taylor Swift songs blaring in particular background. Most folks have. Should forgive be wary? These relationships can speed up my questions with a real estate contract is to the inspection done before you may feel pressured into a home loan officer for pursuing a phone. How you Back outer of substantive Real Estate Deal like a Seller Trulia. Can a licensed inspector perform a hydrostatic test? What we have informed about disputes are any administration costs and asks about every real estate? When do Real Estate Client Doesn't Want one Close.
    [Show full text]
  • Contracts Lesson 5
    Contracts Lesson 5 • CP-22 Commission Position Statement on Handling of Confidential Information in Real Estate Brokerage • Prior designated brokerage, it was common for brokers to share the motivations of a buyer or seller during office sales meetings, for example. Under designated brokerage, the law specifically prohibits sharing of such information. Confidential information, and the broker responsibility thereto. Confidential information can include, but is not limited to, motivation of the parties. • Brokers are required to have a written office policy that identifies and provides adequate means and procedures for the maintenance and protection of confidential information may occur, include, but are not limited to: • Sales meetings or marketing session • Shared fax or copy machines • Shared computer networks, printers and file directories • In-office mail boxes • Hand written telephone messages • Phone conversations or meetings with clients • Relocation, divorce, pending foreclosure and other sensitive documents • Conversations with affiliated business providers • Production boards • Social functions • Brokers must develop office policies and procedures to address the handling of confidential information. For example, some offices may have “locked” transaction files that include confidential information and other offices may elect not to include confidential information in transaction files. 1 Contracts Lesson 5 • CP-22 Commission Position Statement on Handling of Confidential Information in Real Estate Brokerage cont. • A designated broker is permitted to share confidential information with a supervising broker without changing or extending the brokerage relationship beyond the designated broker. Brokers may want to consult legal counsel regarding the necessity of securing the authorization of the party to whom the information is confidential before the designated broker shares that confidential information with the supervising broker.
    [Show full text]
  • Exclusive Right and Authority to Sell Contract
    LISTING OF RESIDENTIAL IMPROVED PROPERTY EXCLUSIVE RIGHT AND AUTHORITY TO SELL CONTRACT 1 THIS LISTING OF RESIDENTIAL IMPROVED PROPERTY EXCLUSIVE RIGHT AND AUTHORITY TO SELL CONTRACT (this "Listing 2 Contract") is made and entered into between: 3 ("SELLER") _________________________________________________________________________________________________________ and 4 ("BROKER") ___________________________________________________________________________________________________________ . 5 SELLER hereby gives BROKER the EXCLUSIVE RIGHT AND AUTHORITY TO SELL the real property described below and all non-leased fixtures 6 (the “Real Property”), together with the following items existing on the Effective Date of the Sales Contract: built-in appliances and beverage 7 cooler(s)/dispenser(s), attached lighting; ceiling fan(s); built-in shelving/closet fittings; wall-to-wall carpeting; integrated home automation, audio- 8 visual, home entertainment and/or home sound systems including all operational components and software; hurricane/storm shutters and panels; 9 central vacuum system including hoses; intercom system; water softener/purification system; built-in home generator; security/surveillance system 10 including cameras; drapery rods; television brackets (excluding televisions); decorative shutters; and pool equipment, 11 and__________________________________________________________________________________________________________________ 12 _____________________________________________________________________________________________________________________
    [Show full text]
  • Exclusive Right-To-Sell Listing Contract
    1 The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. 2 (LC50-6-16) (Mandatory 1-17) 3 4 THIS IS A BINDING CONTRACT. THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD 5 CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. 6 Compensation charged by brokerage firms is not set by law. Such charges are established by each real estate brokerage firm. 7 DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE BUYER AGENCY, SELLER AGENCY, OR 8 TRANSACTION-BROKERAGE. 9 10 EXCLUSIVE RIGHT-TO-SELL LISTING CONTRACT 11 SELLER AGENCY TRANSACTION-BROKERAGE 12 13 Date: 14 1. AGREEMENT. Seller and Brokerage Firm enter into this exclusive, irrevocable contract (Seller Listing Contract) and agree 15 to its provisions. Broker, on behalf of Brokerage Firm, agrees to provide brokerage services to Seller. Seller agrees to pay 16 Brokerage Firm as set forth in this Seller Listing Contract. 17 2. BROKER AND BROKERAGE FIRM. 18 2.1. Multiple-Person Firm. If this box is checked, the individual designated by Brokerage Firm to serve as the broker of 19 Seller and to perform the services for Seller required by this Seller Listing Contract is called Broker. If more than one individual is 20 so designated, then references in this Seller Listing Contract to Broker include all persons so designated, including substitute or 21 additional brokers. The brokerage relationship exists only with Broker and does not extend to the employing broker, Brokerage 22 Firm or to any other brokers employed or engaged by Brokerage Firm who are not so designated.
    [Show full text]
  • Pointers for Condominium Disclosure Materials
    REALTOR® Pointers for Condominium Disclosure Materials Condominium Disclosure Materials [Wis. Stat. § 703.33] Wis. Stat. § 703.33 requires that the seller provide the buyer with a copy of the Condominium disclosure materials no later than 15 days prior to closing. It is recommended that the disclosure materials be provided as early as possible to firm up the offer and remove this source of buyer objection. The second page of the 2000 WB-4 Residential Condominium Listing Contract, together with the Addendum C to WB-4 Residential Condominium Listing Contract and WB-14 Residential Condominium Offer to Purchase, includes a list of the required documents: Declaration of Condominium. The recording of the Declaration and Condominium plat and plans at the Register of Deeds creates the Condominium. The Declaration states the name and address of the Condominium; describes the land included in the Condominium; generally describes the Units and the Common Elements; sets the percentage interests (may determine monthly assessment amount and other costs & expenses) and the number of votes for each Unit; names the agent for service of process; and gives further important details regarding the Condominium. Bylaws and Rules and Regulations. Bylaws are mandatory, but generally they are not recorded. The bylaws indicate the type of organization the Association will be (incorporated or unincorporated), whether Association duties may be delegated to the board of directors and/or a manager, procedures for Unit owners’ and board of directors’ meetings, the process for electing directors, the procedure for levying and collecting assessments against the Unit owners, and other pertinent matters. Rules and regulations may be a separate document or may be included within the bylaws.
    [Show full text]
  • Listing Contract
    1 Branch County Association of Realtors® Listing Contract 2 3 Property Address ________________________________________________________________________________ 4 5 _______________________________Michigan ____________________County _____________________ Township 6 7 Seller’s Name __________________________________________________________________________________ 8 9 Seller’s Address_________________________________________________________________________________ 10 11 Seller’s Home # ________________________Cell # _____________________ Work #_________________________ 12 13 E-mail ______________________________________________________ Fax #_____________________________ 14 15 Broker ________________________________________________________________________________________ 16 17 Broker's Address _____________________________________________________Phone #____________________ 18 19 Broker’s/Agent’s E-mail ___________________________________________________________________________ 20 21 Effective Date ________________________________ Expiration Date 11:59 pm _____________________________ 22 23 Seller grants Broker the exclusive right to sell the Property. During the Listing Period, Seller will refer all prospective Buyers to 24 25 Broker. 26 27 YEAR BUILT ____________ Actual _____________Estimate 28 29 PRICE AND TERMS: The list price of the Property is $ ____________________ or any other price, terms or exchange to which 30 Seller later agrees. The term “Sale” includes, but is not limited to, any exchange or trade and Broker may be permitted to
    [Show full text]
  • Wb-2 Farm Listing Contract
    0 1 2 3 4 5 6 7 8 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 DISTRIBUTED BY WISCONSIN REALTORS® ASSOCIATION 0 CLWB-02 1 2 3 Approved by Wisconsin Department of Regulation and Licensing WISCONSIN REALTORS® ASSOCIATION 4 10-1-08 (Optional Use Date) 1-1-09 (Mandatory Use Date) 4801 Forest Run Road 5 Madison, Wisconsin 53704 1 6 WB-2 FARM LISTING CONTRACT - EXCLUSIVE RIGHT TO SELL 7 Page 1 of 5, WB-2 8 1 SELLER GIVES BROKER THE EXCLUSIVE RIGHT TO SELL THE PROPERTY ON THE FOLLOWING TERMS: 9 2 I PROPERTY DESCRIPTION: Street address is: 10 3 in Section 11 4 in the of , County of , Wisconsin. (Total acreage and 2 12 5 breakdown of tillable, pasture or wood lot acreage, etc, may be stated at lines 272-283, or attached as an addendum 13 6 per lines 284-287.) Insert additional description, if any, at lines 272-283 or attach as an addendum per lines 284-287. 14 7 I LIST PRICE: Dollars ( $ ). 15 8 I INCLUDED IN LIST PRICE: Seller is including in the list price the Property, all Fixtures not excluded on lines 13-17, 16 9 and the following items: 17 10 3 18 11 .
    [Show full text]
  • 183 Things a REALTOR® Does
    183 Things a REALTOR® Does Listed here are nearly 200 typical actions, research steps, procedures, processes and review stages in a successful residential real estate transaction that are normally provided by full service real estate brokerages in return for their sales commission. Depending on the transaction, some may take minutes, hours, or even days to complete, while some may not be needed. More importantly, they reflect the level of skill, knowledge and attention to detail required in today’s real estate transaction, underscoring the importance of having help and guidance from someone who fully understands the process – a REALTOR®. And never forget that REALTORS® are pledged to uphold the stringent, enforceable tenets of the REALTOR® Code of Ethics in their professional dealings with the public. Not every real estate licensee holds REALTOR® membership. Make sure yours does! Pre-Listing Activities 1 Make appointment with seller for listing presentation 2 Send seller a written or e-mail confirmation of listing appointment and call to confirm 3 Review pre-appointment questions 4 Research all comparable currently listed properties 5 Research sales activity for past 18 months from MLS and public records databases 6 Research "Average Days on Market" for this property of this type, price range and location 7 Download and review property tax roll information 8 Prepare "Comparable Market Analysis" (CMA) to establish fair market value 9 Obtain copy of subdivision plat/complex lay-out 10 Research property's ownership & deed type 11 Research
    [Show full text]