Richland Wa Real Estate ~ Keeping Deal Together Most Important Task
November 11th, 2006
| Richland Wa Real Estate ~ Current thinking is that while the market has slowed across the country, the most tedious task for agents these days is keeping the deal together once the buyer and seller have agreed to an offer. During a sellers market, if a buyer fell out of the transaction, no sellers worried. They would simply keep some or all of the buyer’s deposit funds, release the contract, take the next buyer in line and most likely get thousands of dollars more for the property now that it’s aged on the market a few weeks longer. |  |
Richland Wa Real Estate ~ Now, even with a contract in place, there’s nothing stopping buyers from looking around for yet another house and if they see something they like, use one of several [tag]contract clause[/tag]s to get out of the contract and into another house — and if it has seasoned long enough, for less money. While we would all like to think that once everyone has signed a contract, it’s binding from the point of the signing, in real estate, such is not the case. Once you sign your name to the contract, there may be several points in the contract that one or both of the parties can get out of the agreement. As you’re looking over the contract, note several paragraphs that should be in your agreement and make sure they get performed to protect yourself from a deal falling through the cracks.
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