Not exact matches
Waller points out that if the purchaser of the business is agreeable, the donor may be able to perform services
as an independent consultant to the business, «but the
seller has to be comfortable
with the fact that he
or she is giving up control to the
buyer.
After reaching an agreement
with a
buyer or seller for the acquisition
or disposition of a business, we are subject to satisfaction of pre-closing conditions
as well
as to necessary regulatory and governmental approvals on acceptable terms, which, if not satisfied
or obtained, may prevent us from completing the transaction.
Working
with a seasoned business broker like Springtree Group (STG) can help you find a qualified
buyer or seller whose interests match your own, and navigate the complexities of the due diligence process,
as well
as line up appropriate financing solutions to keep the deal on track.
Buyers can receive a partial refund, and keep the item (s) if they are not
as described,
or possess any quality issues by negotiating directly
with seller.
A home under contract
with no contingencies is
as good
as sold,
as the only way out for the
seller or the
buyer is default.
Agents need to be mindful that if they have knowledge of a defect, patent (obvious)
or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his
seller, making the
seller aware that his agent «knows,» whatever he knows,
or surmises, has seen
with his own eyes,
or has been made aware by his
seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the
seller the need for disclosing), directing his
seller to get «fix - it» quotes, repair before going to market,
or offer a rebate to his
buyer for the dollar amount involved, and advise the
seller that this information if known by his agent,
or by the
seller, «must» be disclosed in some manner, in writing, so
as to prevent the
seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits,
or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
Prohibited acts.A credit services organization, a salesperson, agent,
or representative of a credit services organization,
or an independent contractor who sells
or attempts to sell the services of a credit services organization shall not: (1) Charge a
buyer or receive from a
buyer money
or other valuable consideration before completing performance of all services, other than those described in subdivision (2) of this section, which the credit services organization has agreed to perform for the
buyer unless the credit services organization has obtained a surety bond
or established and maintained a surety account
as provided in section 45 - 805; (2) Charge a
buyer or receive from a
buyer money
or other valuable consideration for obtaining
or attempting to obtain an extension of credit that the credit services organization has agreed to obtain for the
buyer before the extension of credit is obtained; (3) Charge a
buyer or receive from a
buyer money
or other valuable consideration solely for referral of the
buyer to a retail
seller who will
or may extend credit to the
buyer if the credit that is
or will be extended to the
buyer is substantially the same
as that available to the general public; (4) Make
or use a false
or misleading representation in the offer
or sale of the services of a credit services organization, including (a) guaranteeing to erase bad credit
or words to that effect unless the representation clearly discloses that this can be done only if the credit history is inaccurate
or obsolete and (b) guaranteeing an extension of credit regardless of the person's previous credit problem
or credit history unless the representation clearly discloses the eligibility requirements for obtaining an extension of credit; (5) Engage, directly
or indirectly, in a fraudulent
or deceptive act, practice,
or course of business in connection
with the offer
or sale of the services of a credit services organization; (6) Make
or advise a
buyer to make a statement
with respect to a
buyer's credit worthiness, credit standing,
or credit capacity that is false
or misleading
or that should be known by the exercise of reasonable care to be false
or misleading to a consumer reporting agency
or to a person who has extended credit to a
buyer or to whom a
buyer is applying for an extension of credit;
or (7) Advertise
or cause to be advertised, in any manner whatsoever, the services of a credit services organization without filing a registration statement
with the Secretary of State under section 45 - 806 unless otherwise provided by the Credit Services Organization Act.
Lastly, regarding the amount provided in earnest money
as the
buyer, do you offer the amount
or do you let the
seller offer and you counter
with your «$ 10
or $ 25» you mentioned above?
Appraised value for property is not concerned
with current trends such
as a hot
or cold housing market
or the motivations of
buyers and
sellers.
(1) A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell
or attempt to sell the services of a credit services organization may not do any of the following: (a) conduct any business regulated by this chapter without first: (i) securing a certificate of registration from the division; and (ii) unless exempted under Section 13 -21-4, posting a bond, letter of credit,
or certificate of deposit
with the division in the amount of $ 100,000; (b) make a false statement,
or fail to state a material fact, in connection
with an application for registration
with the division; (c) charge
or receive any money
or other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for the
buyer; (d) dispute
or challenge,
or assist a person in disputing
or challenging an entry in a credit report prepared by a consumer reporting agency without a factual basis for believing and obtaining a written statement for each entry from the person stating that that person believes that the entry contains a material error
or omission, outdated information, inaccurate information,
or unverifiable information; (e) charge
or receive any money
or other valuable consideration solely for referral of the
buyer to a retail
seller who will
or may extend credit to the
buyer, if the credit that is
or will be extended to the
buyer is upon substantially the same terms
as those available to the general public; (f) make,
or counsel
or advise any
buyer to make, any statement that is untrue
or misleading and that is known,
or that by the exercise of reasonable care should be known, to be untrue
or misleading, to a credit reporting agency
or to any person who has extended credit to a
buyer or to whom a
buyer is applying for an extension of credit,
with respect to a
buyer's creditworthiness, credit standing,
or credit capacity; (g) make
or use any untrue
or misleading representations in the offer
or sale of the services of a credit services organization
or engage, directly
or indirectly, in any act, practice,
or course of business that operates
or would operate
as fraud
or deception upon any person in connection
with the offer
or sale of the services of a credit services organization; and (h) transact any business
as a credit services organization,
as defined in Section 13 -21-2, without first having registered
with the division by paying an annual fee set pursuant to Section 63J -1-504 and filing proof that it has obtained a bond
or letter of credit
as required by Subsection (2).
With respect to a consumer credit sale, the
seller may not give
or offer to give a rebate
or discount,
or otherwise pay
or offer to pay value to the
buyer,
as an inducement for a sale in consideration of the
buyer giving to the
seller the names of prospective purchasers,
or otherwise aiding the
seller in making a sale to another person, if the earning of the rebate, discount,
or other value is contingent upon the occurrence of an event subsequent to the time the
buyer agrees to buy.
On top of the fact that your money is going towards an asset that isn't giving you much of a return, a house has costs that a rental simply doesn't have (
or rather, it does have them, but they are wrapped into your rent)- closing costs
as a
buyer, realtor fees and closing costs
as a
seller, maintenance costs, and constantly escalating property taxes are examples of things that renters deal
with only in an indirect sense.
Honor all contracts whether
as a
buyer or seller - treat other breeders and puppy
buyers with respect.
You say you like free markets
as a
buyer, because you benefit from the competition, but
as a
seller you don't like a free market because you either don't want to deal
with competition
or you simply want to monoplize the market and squeeze it for
as much
as you can.
A Warranty Deed is a preferred method of transfer
as it provides the Grantee (
Buyer)
with guarantees that the property purchased is free of debt
or other liens and that the Grantor (
Seller) has the authority to sell the property.
As an example, everyday purchases are verbal contracts that people enter into: a
buyer agrees
with a
seller that they will purchase an item for a certain price,
or in exchange for an item
or service.
Even if all procedural obstacles are efficiently removed, blocking mechanisms are likely to arise
as human nature takes over
with sellers and /
or buyers looking for a cooling off period.
Our debt finance group is supported by members of other subgroups within the Business Department, including mergers and acquisitions (for all sizes of transactions, for public and private clients, and on both the
buyer and
seller sides), investment management (for clients
with investment management divisions and matters), small business investment companies (for clients looking to form SBICs, obtain SBIC funding,
or conduct portfolio financing transactions), securities (for public clients, particularly
with respect to public and Rule 144A debt offerings), tax (including for cross-border transactions), ERISA / employee benefits and international (for clients
with international operations and assets),
as well
as other practice groups within the Firm, including Cleantech & Renewables, Patent, Trademark, Copyright & Unfair Competition practices and the Labor and Employment practice.
The reasons: (1) implied contractual indemnity — individual brokers were not parties to the listing agreement
with sellers (only the bankrupt brokerage business was a party); and (2) equitable indemnity — although brokers were jointly and severally liable
with sellers as far
as buyers» damages, this theory could not be used to create a new attorney fee exposure basis under the American Rule,
or else the appellate court would be creating a new exception through judicial fiat.
although brokers were jointly and severally liable
with sellers as far
as buyers» damages, this theory could not be used to create a new attorney fee exposure basis under the American Rule,
or else the appellate court would be creating a new exception through judicial fiat.
What she's seeing
as a consequence is
buyers asking for specific CASL compliance reps (representations), which is more specific, and on the
seller side more concerning, than the typical compliance
with applicable law representation
or material compliance.
• Most
sellers only receive
as little
as between 13 — 21 % of the value of the policy • All policies apply including term insurance • Brokers and other purchasers take a commission
as high
as around 9 % to
as high
as 30 % • Most brokers will only consider people who are over the age 65
or will only consider those
with a chronic
or terminal illness, and have policies worth at least $ 100,000 • Selling you policy can have tax implications • Selling your policy may affect your ability to qualify for government sponsored programs • You lose control of your death benefits • The
buyer has access to all your medical reports including current ones
From the taxation point of view, this means that when the
buyer pays
with bitcoins buying goods
or services, an article of the EU's VAT Directive will be applied to the price of bitcoin at the time of the transaction,
as documented by the
seller.
One issue facing
buyers and
sellers is that many banks refuse to handle escrow
or housing loan applications that deal
with cryptocurrency
as they often have no experience in doing so.
Buyers and
sellers who don't speak English
or who speak it
as a second language are sometimes worried they'll be swindled in a real estate deal if they're not working
with an agent who speaks their native language, he says.
The Meadowtowne app benefits
sellers listed
with the brokerage
as well
as potential home
buyers looking for homes in Mississauga, Milton
or Georgetown.
Whether working
with buyers or sellers,
as soon
as an offer is accepted Sally faxes the documents to Cindi, her Virtual Transaction Coordinator.
It should be a no - brainer that a Registrant / REALTOR who consistently,
or at least on average, negotiates lower prices for their
Buyer's and higher Prices (
as a percentage of list price) for their
Seller's would be a true professional whose motivations are consistent
with what is required of and in a Full Agency Client Relationship.
As summer winds down and you find yourself
with a cherished weekend off from working
with buyers or sellers, a great way to unwind is
with a backyard cookout.
When working
with immigrant
sellers, Stucki offers staging suggestions, such
as removing prominent ethnic
or religious decorations that can distract potential
buyers.
«There will be much going on
with our active pursuit of finding better technological solutions for our Realtors to serve
buyers and
sellers more effectively in selling, buying
or leasing a property... We will also be involved in the review of The Real Estate Brokers Act, the third Winnipeg real estate forum, affordable housing issues such
as the land transfer tax, putting on a 2014 mayoral forum and our fourth annual Gim me Shelter event this March to raise thousands of dollars for shelter - related causes.»
Whether you're drawing in a
buyer or making a potential
seller feel the home is protected, a home warranty acts
as a safety blanket should anything go awry
with covered home system components
or appliances during
or after the sale.
It doesn't because the one
with the deepest pocket will usually win and
as far
as the
seller is concerned, if by the process being sealed, they stand to extract an even greater variance than that $ 1
or $ 100 from the eventual
buyer.
- «claimed savings
with a disclaimer» breach of REBBA - «
buyers agents are great allies to
sellers» - seems like lawyers would love to find those reps and I think this is yet another breach of REBBA
as a misreprentation - «commenting on housing markets» - whoops you just crossed a big line
with RECO - «commenting on fellow traditional agents» - you can not paint brush
or tarnish
or defame fellow registrants.
Each of us can charge
as much
or as little
as we prefer to negotiate
with the public —
buyer or seller, but it is my understanding to engage in discussion of specific amounts and baselines and exact amounts en masse is likely to be misinterpreted by «someone» out there???
as ganging up, together, and that is surely to draw out some criticism.
In an ideal world every
seller would be knowledgeable enough and honest enough to be able to accurately initial «yes»
or «no»
or «unknown» boxes (of course
with an ethical Realtor's explanations but non-coaching abilities) leading to an educated
buyer who will nevertheless hire an ethical and knowledgeable home inspector (not a rubber - stamp artist, i.e., an obligated friend of the Realtor, be it the listing Realtor
or the
buyer Realtor)
as a condition, which hopefully will culminate in a purchase
with little
or no subsequent surprises for the
buyer.
When a home
Seller is counselled to offer a lower than average amount of selling commission to a Cooperating Brokerage, are they being advised
as to how this may possibly interact negatively
with a prospective
Buyer's «
Buyer's Agency Contract», and if so, why would such a
Seller agree to proceed
as such — especially, if they've been made aware of any discounts that may apply to their List Price, later,
as a result of extended market time?The aforesaid is fundamental to a fiduciary responsibility — yet, I believe that most Provincial Regulatory Authorities would be reluctant to prosecute such a negligent Registrant
or Practitioner because the accused would hide behind the argument they were being wrongly persecuted for offering a «competitive business model»!
So the next time you are representing a
buyer who are using conditions to protect themselves in the offer, I implore you to provide the
buyer with full disclosure
as to the possible risks that they may be taking if the
seller refuses to sign a mutual release of the deposit
or maybe you might just consider using my clause to ensure they get their deposit back in case the conditions are not met!
OK from my point of view
as long
as it benefit the
buyer or seller and not the mortgage broker I am good
with whatever is negotiated its a free country
as we know.
Buyer Beware is what happens
with FSBOs not
with LTTPs acting
as Buyer Reps. No
Buyer needs an SPIS except to sue a
Seller or incompetent REALTOR.
The day will come when a disgruntled
buyer or seller, unhappy
with their service, will go after Zoocasa
as the party responsible for setting them up.
As is often the case
with a seriously genuine
buyer or seller, the owner made contact by email simultaneously leaving me a phone message.
It may also mean that anyone that's non-realtor, the public can sell / buy real estate (
or who set up their website business and get lead / traffic from your detailed MLS datas) by doing real estate transaction directly
with / for the
buyer /
seller lead, illegal transactions,
or extracting referral fees from all parties, all without being licensed and paying all those hefty fees
as realtors do....
Agents need to be mindful that if they have knowledge of a defect, patent (obvious)
or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his
seller, making the
seller aware that his agent «knows,» whatever he knows,
or surmises, has seen
with his own eyes,
or has been made aware by his
seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the
seller the need for disclosing), directing his
seller to get «fix - it» quotes, repair before going to market,
or offer a rebate to his
buyer for the dollar amount involved, and advise the
seller that this information if known by his agent,
or by the
seller, «must» be disclosed in some manner, in writing, so
as to prevent the
seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits,
or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
Let's see if we can find ways to work together to improve our dealings
with each other,
as well
as showing the public how professional our industry can be, while still protecting the interests
or our clients, whether
sellers or buyers.
Are you prepared to take the stand and testify that (a) you intended to take title to the property which you agreed to purchase, (b) you did not intend to use that contract
as a tool for facilitating a sale of real estate of another
with the intent of receiving a commission
or fee, (c) your intent in dealing
with the
seller was not to facilitate the sale of his real estate to another, (d) your intent
with dealing
with the
buyer was not to facilitate the sale of the real estate of another to the
buyer, (e) that the sale of real estate would have occurred regardless of your contract assignment, (f) that you performed your obligations pursuant to the real estate contract before you assigned it, creating ascertainable rights of ownership, (g) that you did not receive a commission
or fee for assigning that contract, (h) that the subject matter of the contract was not real estate, (i) that the assignment of your purchase contract did not facilitate a sale of real estate you did not own for a fee that you collected?
If the
Buyers agent is different from the
Sellers agent the
Buyers agent can take the
Sellers Agent to Arbitration where he is in a «court of peers»
or he can go to small claims
with the case mentioned above
as well
as the other cases mentioned to get a favorable decision.
The for sale by owner should have to state a deemed commission amount, share it equally
with a Realtor bringing a
buyer, state what that is on MLS, and have to declare his
or her commission portion (ie the
seller's)
as income and pay tax on it.
Remember if you are the listing agent
or a subagent to the
seller, your principal fiduciary duty is to the
sellers, even if you are also working
with the
buyers as customers.
What advantage is there to a
seller to have market time to date always displayed in relation to their properties listing,
as perhaps
buyer objections have been rectified, the price has been reduced, a longer required closing date has prevented a sale,
or the market time is consistent
with the area — all of which might not be realized by a viewer that hasn't spoken
with a REALTOR first?