Our Transaction Policies

We send a notice to anyone who wants to utilize our services to sell their property BEFORE we will even consider an employment agreement, particularly for sales of vacant land. These policies have become necessary in a global economy, where scammers can be located anywhere on the planet. Out of our legal jurisdiction. So you’d get an e-mail that looks like this:

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Dear [Customer Name]:

We are looking forward to working with you to sell your property.

As part of our company policies (in accordance with licensing law & regulations duties) we ask you to review our policies listed below and reply to to this communication with the statement, “I agree.”

We are unable to list any property unless you first agree to these terms:

We will be conducting an exhaustive title search to confirm the rightful ownership of the property at the cost of the seller.

We require a copy of the seller’s latest property tax bill and the most recent proof of payment.

We require an in-person meeting or video conference with all sellers.

A “For Sale” sign with our contact information must be posted on every property we list, including the name of our listing agent and a phone number where we can be reached (unless prohibited by law or HOA or Condo Assn.)

We require all clients use one of our approved notaries public. If you are located out of our immediate area, we will provide a list of approved Notaries Public to you.

All transactions are subject to a minimum 48 hour hold before funds will be released. If the 48-hour period ends during a holiday or weekend, funds will be released on the next business day.

Sincerely,

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AI & Real Estate Contracts

Did you know that many people are uploading real estate contracts into AI platforms such as Chat GPT to get analysis of what they’re going to be signing?

However, what many people do not understand is that Chat GPT is not always correct when it comes to interpretation of contractual terms and how they relate to state and federal laws. Sometimes AI platforms even hallucinate with “pie in the sky” answers.

This could lead to making a catastrophic mistake in any purchase, sale or lease of real estate.

That’s one good reason to consult a real estate professional with years of experience. An experienced broker should have a knowledge base that allows them to solve many problems and explain many different scenarios to clients so their clients can then make the best business decisions for themselves.

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