Broker Best Practices: The Importance of the Re-inspection Prior to Closing

Re-InspectionWith nearly fourteen years as a principal broker, there are certain legal issues that arise on a fairly regular basis.  One of the most common is the buyer’s broker calling the seller’s broker after closing to report the sellers had taken items that were supposed to stay in the home after closing, or some of the work orders weren’t done or done correctly.

This problem is not easily remedied but can be easily avoided by advising your buyers about their options for re-inspection before closing.  Making this a business practice can reduce a selling broker’s risk of liability for failing to advise a client of their rights.

The NWMLS Form 22D states in paragraph 3 titled Property and Grounds Maintained, “Buyer reserves the right to re-inspect the Property within 5 days prior to transfer of possession to verify that Seller has complied with this Paragraph 3.”   This is the buyer’s chance to make sure the property has been maintained and that the attached fixtures and mutually agreed appliances are still there.

The Inspection Addendum states “Seller’s repairs are subject to re-inspection and approval, prior to Closing, by the inspector who recommended the repair, if Buyer elects to order and pay for such re-inspection.”  It would be a wise investment for the buyer to spend the extra money and have the inspector come back to ensure the work orders were done and were done correctly.

This is a best practice that should be incorporated into your business, and mentioned both at the time of signing and right before closing.  Your buyer will thank you and you will avoid a potential post closing problem.

 

 

Just One Click – Washington DOL, Social Media and Internet Advertising

Just One Click…That’s all it takes…

As a practicing real estate broker, you are bound by certain rules and guidelines set forth by the Department of  Licensing and the State of Washington. When it comes to advertising, DOL is very clear about what is required for real estate advertising. In reviewing a few web sites and social media profiles, we have noticed that many brokers are not in compliance with these guidelines. In some cases there is absolutely no mention of the brokerage firm name and we even found brokers who had changed companies and have not updated to the correct information.  The Department of Licensing is beginning to monitor the social sites, and we want all you to be in compliance.  

Please view this short video, or you can read the  document at the link here: Internet Advertising and Social Media  This will make sure that you are “In the Know”

We would recommend that you take a look at all of your on line profiles, make sure the information is correct and current.  Sometimes your website or social profile is where people discover you while searching the Internet.  This first impression may be your only chance to connect with someone so you want to make sure your profiles show you in the best light.

Here are a few best practices for your on line profiles:

  • Completely fill out your profile
  • If there is a headline or tagline take advantage of it
  • Think keywords use words when you talk about your expertise or specialty
  • Talk about your service, where you work, be specific
  • What is your value proposition, articulate it!
  • Use a good quality photograph that actually looks like you!  People are visual and form an impressions based on images they want to know who they are connecting with
  • List affiliations, networking groups, alumni associations and special interest groups to which you may belong
  • Add your employers past and present

Remember…Just One Click!

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Back to school time! We have free clock hours for you….

Michael Ackerman and Kimberly Brangwin

Here is a list of our upcoming clock hour classes/events:

This article includes information on free clock hours for real estate continuing education classes for real estate brokers that we offer CB Bain/ CB Seal brokers only. Please click on the links to register or for more info.

CB Bain:
CB Seal:

Please contact your branch for local classes held at branch offices in Oregon.

  • Live Webinar about Toolkit CMA, August 29th 1pm-1:30pm

 ProSchools is our partner for pre and post licensing in both Washington and Oregon.

Rockwell Institute is our partner for our local live classes in Washington. For clock hour and transcript questions, please contact Rockwell Institute to setup your profile and get your online username and password. Online and live classes are also available at Rockwell Institute. www.rockwellinstitute.com

In order to host these upcoming continuing education real estate classes, we need to have a minimum of 12 students registered. We’d love to have you join us.

To view all of our upcoming  free real estate continuing education courses please visit: www.cbbainsealtraining.eventbrite.com

Don’t miss upcoming free clock hours this summer…

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Here is a list of our upcoming clock hour classes/events:

This article includes information on free clock hours for real estate continuing education classes for real estate brokers that we offer CB Bain/ CB Seal brokers only. Please click on the links to register or for more info.

CB Bain:
CB Seal:

Please contact your branch for local classes held at branch offices in Oregon.

  • Live Webinar about Toolkit CMA, August 29th 1pm-1:30pm

 ProSchools is our partner for pre and post licensing in both Washington and Oregon.

Rockwell Institute is our partner for our local live classes in Washington. For clock hour and transcript questions, please contact Rockwell Institute to setup your profile and get your online username and password. Online and live classes are also available at Rockwell Institute. www.rockwellinstitute.com

In order to host these upcoming continuing education real estate classes, we need to have a minimum of 12 students registered. We’d love to have you join us.

To view all of our upcoming  free real estate continuing education courses please visit: www.cbbainsealtraining.eventbrite.com

CB Bain and CB Seal Continuing Education

CB Bain/ CB Seal Free Real Estate Continuing Education Courses

CB Bain and CB Seal Continuing Education

This blog shows links for Free Real Estate Continuing Education Courses for CB Bain/ CB Seal brokers. Please click on the links to register or for more info.

CB Bain:

CB Seal:

 

In order to host these upcoming classes, we need to have a minimum of 12 students registered. We’d love to have you join us.

To view all of our upcoming  free real estate continuing education courses please visit: www.cbbainsealtraining.eventbrite.com