| Buying or selling a home is the single largest | | | | listing contracts and make sales to get |
| investment of a lifetime for most people. It is a | | | | commissions! They want you to do a deal with |
| BIG business deal composed or people, emotions, | | | | blinders on. |
| contracts and cash and those are all the | | | | Take contract law, for example. Agents like to |
| ingredients for legal and financial pain if you | | | | get home buyers and sellers to sign on the |
| don’t know what you are doing and most | | | | dotted line because it locks people up on a |
| people don’t. | | | | contract to perform. Do you think they are going |
| Real estate agents are trained in real estate | | | | to show you how to write a contract you can |
| principals, practices, law and some finance before | | | | get out of if it’s not be in your best |
| they get their license to sell real estate. As | | | | economic interest? |
| licensed salespeople they have access to inside | | | | A SMART WAY TO SIGN A CONTRACT |
| information you don’t have whether you | | | | Whether you are buying or selling a home you |
| are a home buyer or seller. And, their training | | | | can put these 5-magic words right above your |
| gives them a strategic advantage over you. | | | | signature before you sign the dotted line: |
| For example, have you been to school to learn | | | | “subject to buyer’s (or |
| real estate principals and practices? How much do | | | | seller’s) attorney’s approval”. |
| you know about real estate law? How much do | | | | Then, sign the purchase (or listing) contract. In this |
| you know about mortgage financing? Who is | | | | way, you can get out of the deal if you have |
| representing your best legal and financial interests? | | | | second thoughts and/or your attorney does not |
| The truth is that you will be representing your | | | | approve of the contract within a reasonable |
| own best interests and that puts you on an | | | | period of time (24-48 hours). Real estate agents |
| unleveled playing field when dealing with | | | | call this a “weasel clause” because it |
| commissioned real estate sales agents. So before | | | | allows people, like you; to weasel out of a deal |
| you run out and sign contracts and get involved in | | | | after you cool down or realize you made a |
| a financial transaction you may not fully | | | | mistake in judgement. Trust me, agents |
| understand, you should have access to a source | | | | don’t want you to know this kind of |
| of information that shows you how to protect | | | | information. |
| your basic legal and financial interests, right? | | | | This is just one powerful tip from our premiere |
| Agents aren’t going to give you | | | | real estate e-book that we are giving away free |
| information that will show you how to be on a | | | | this month. If you are interested in learning how |
| level playing field with them because whoever has | | | | to get your copy, you can get more information |
| the knowledge, rules. They are not going show | | | | on our home page. |
| you how to take control of the home buying and | | | | Thanks for reading! |
| selling process so that you can represent yourself | | | | Copyright © 2006 James W. |
| in a more professional manner. They want to get | | | | |