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The client basically only decides on a few terms and price, but strategy influences those decisions.
Debe Maxwell, CRS
Fill in the blanks. Make sure your clients understand what they are signing.
This varies by state. In NY we are atty state, so agents do not write contracts, and Roy Kelley 's answer would be dead on.
You need to understand every clause and have the ability to explain and complete the contract.
White Plains, NY
Your job not just write down terms for your client but advise, explain, educate your client.
Debe Maxwell, CRS
The role will vary by state. In California, the agent's role should be to complete the purchase agreement in an accurate manner after consulting and advising a buyer as to strategies that will help them "win".
Debe Maxwell, CRS
I think you know the answer since you are now with an agency.
Preparing the contract.
Prepare it for the Buyer with their specifications.
Depends on state laws
Our role is to wrie what the cliens want on the contract.
Morgan Rivas - most of the time, fill in the blanks of such contracts.
Listening to what the buyer wants to do and following the buyer's instructions.
Making sure they are complete, signed, and dated, and of course the client udnerstands what they are signing
Morgan that depends on the state. It varies widely all over the country. Where are you from?
Out here we will in the blanks and get the signatures.
Fill in the blanks someone said once.
Fill in the blanks. Anything beyond that (in Florida) can be construed as Unauthorized Practice of Law.
It's pretty basic. Agents get trained in the state and local areas they serve. Each state may be different. Fet the training you need in the state you are obtaining a license.
filling in the blanks
It depends on your state.
Morgan Rivas The agent should be thoroughly familar with all the terms in the contract. Leave no blanks in the contract and where Addendums or Amenments are written, they should be written in plain English. The agent's role is not one of being or pretending to be an attorney. Of course as Kenneth J. Jones, Director pointed out, it only applies where agents are allowed to fill out offers.
In Florida, it's filling in the blanks according to the customer's wishes.
In Northern Illinois (Chicago and it's collar counties) we fill-in blanks on a standard pre-printed attorney-created contract, and help our clients understand what they're signing. There are clearly some strategies to many of the decisions in what to fill-in.
We also have a five-day attorney-review period, in which the attorneys can modify anything in the contract (except the price).
Have a thorough, working knowledge of the Contract, complete the Contract and most importantly, teach the clients what they are signing.
They fill in the blanks and add any required addenda and contingencies.
Fill in the blanks and explain the contract!
Kenneth J. Jones, Director nailed this one!
Its similar to medical treatment...you need bedside manners and a customer service dynamic to be on point then followed by the benefit (paperwork)
Usually the Buyer's Advocate
The agents involment changes according to their brokerage.
For example, my brokerage imposes a burden, in addition to sate and association requirements that result in 17 documents, 21 signature and 44 intitials. That is an example of OVERBURDENING the consumer and complelling them to seek solutions that are not so onersous.
One AR agent reported on 1 Document, 1 Signature and 4 Initials required. I guess disclosures are not needed in that state.
Our role is pointing at the 'X' and saying, "Sign here." Pointing at the arrow and saying, "Initial here. Then asking, "What conveys and when are you moving out?"
The contracts are created by those formally trained to practice law.
It is one of the most important roles, listing, buyer agent and purchase contracts. Prepare them, write them and get them signed
Provide advise and opinion and then fill in the blanks correctly.
Please read Chapter 4, "The Contract"