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Session 4: Writing an Offer
 
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Writing an Offer 1:33 - Purchase Agreement, important dates 4:21 - How to write a strong offer in a sellers market 7:15 - How to we handle a low ball offer 7:59 - Preparing buyers for a counter offer 8:42 - Counter Offers 9:26 - Task List while writing an offer
How to write a home purchase offer.  Buying your next home.
 
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How to write offers: Are you ready to start writing offers? http://www.charter-home.com/home-owner-university-2/buying-a-home/writing-offers/ Well this is getting exciting. When you start writing offers it is a very exciting and stressful time when you are buying a home – especially if it’s not something you’ve done before. An offer is always in writing; you can’t purchase real estate with any kind of verbal agreement. What Is An Offer? An offer is essentially an entire contract filled out by the buyer with the price and the terms that are agreeable to what the buyer is after – what the buyer is willing to propose. But it is essentially an entire contract that, should the seller sign, would become the contract for the purchase of that home. So you’re going to fill out, in California – it’s about 10 pages, worth of paperwork that identifies and breaks down all the important details of the home purchase. This includes what the price is, what the down payment is, what the deposit might be, what kind of financing and who ends up paying what. In a separate module, we are going to cover the purchase contract and the breakdown of it. What To Expect The first time you write an offer can be a little bit stressful. In fact, in any new home search, even if you’ve been through a purchase before, you’re going through paperwork and it’s constantly being rewritten and evolved. You can pick up forms to write offers at office supply places. Contracts come in different shapes and size. But the contract most used in California has been written by the California Association of Realtors and it comes up in the vast majority of transactions. If you’re working with a realtor, this will be the document that you’ll most likely use for the purchase of the home. It’s called a Residential Purchase Agreement. The first time you run through it, you’re going to want to take the time to read the relevant portions of it. But most important – that we’ll cover here – are going to be ~Identifying the property ~What the price is that you’re willing to pay ~How much is your deposit (meaning the amount you’re going to put into escrow) that should you breach the contract could become non-refundable ~How much is your down payment ~What kind of financing ~And -perhaps most important after that – would be the split of fees and costs. For example, who’s going to pay for the title insurance, who’s going to pay for the escrow, and all of those specific details get itemized and defined so there’s no guesswork. It’s a very well used document, it’s very thorough and complete. The first time through it – you really want to read it. What Happens Next In many markets in California, you might find that you’ll write several offers. Subsequent offers are actually really easy. Once you’ve taken the time to familiarize yourself with the document – to write a second offer is a breeze. It’s that first offer, where you do want to take the time to get up to speed on what’s in there. But the most important components you will probably determine include how you want to approach a negotiation, how much money you want to offer relative to an asking price, and how you want fees/costs split. Once you have decided, once you have those patterns in place, when you write offers – you’ll likely just continue on that path. Unless you’re not having any success – then you might want to reassess perhaps how costs get split. If there’s something about your approach that is not getting you a property – you can reassess. But when you’re writing an offer you’re going to identify in detail through the contract everything – so that all a seller would need to do is sign and you are in contract on the purchase of that home. So familiarizing yourself with how the contract reads and the questions that are going to be asked is a good idea.
Views: 1087 HomeOwner University
How To Write An Offer To Purchase Real Estate
 
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This is a VLOG created by Sharon McNamara, Broker|Owner|Realtor of Boston Connect Real Estate showing in detail how to write an offer to purchase real estate.
How-To Fill Out An Offer-To-Purchase Real-Estate
 
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How-To Fill out An Offer To Purchase Real-Estate Follow me on Instagram: https://www.instagram.com/teddysmithnc/
Views: 343 Teddy Smith
Home buying offer to purchase
 
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tj goes over the home buying offer to purchase for wisconsin. in the video tj vitense of the strategic real estate team covers some of the important parts of the wisconsin residential offer to purchase. visit us on the web at www.strategicrealestateteam.com
Views: 3046 StrategicREteam
7 Tips To Writing A Winning Real Estate Offer - REIClub.com
 
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http://www.REIClub.com Want To Get More Real Estate Offers Accepted? Follow The Tips In This Short Video On Making A Winning Real Estate Offer... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ 1. Get Your Money Right - Pre-qualify - Pre-approval Letter - Proof of funds - Get your private lenders ready - No one will take you seriously if you don't have the funds 2. Use the terminology "As-Is" - Sellers love that they don't have to fix anything - Learn to let the small things go - Plus it's an investment, you don't want to bargain for repairs 3. Short Option Period - 5-7 days - I wouldn't go lower than 5, need time to get an inspector to the house - May need to pay $1000-$2000 option fee depending on length - (more for longer) 4. No Appraisal or Inspection - Only if you have seen the house and know it doesn't need it - Only if you decide to bypass the option period - Only if the deal has enough equity to make up for possible unknowns 5. Cash Offer! - Need POF - Cash offers usually beat conventional lender offers - Seller Covers Closing Costs - Important: Leave room for negotiation 10-15% 6. Large Earnest Deposit - Stand out above all offers - Shows you're serious 7. Quick Closing - 7-14 days - Looks better than 30-45 - Usually beats conventional lender type offers - Give sellers enough time for transition In conclusion, by including these 7 tips into every real estate offer, you will greatly improve your chances of getting your offer accepted, or at least looked at. https://www.youtube.com/watch?v=irFhSaTVQPY REIClubRealEstateInvesting
Views: 6044 reiclub
Ep. 68: How To Write A Real Estate Purchase Offer
 
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Real Estate Agent and Trainer, Robert Rico, explains how to write a strong real estate purchase offer on a property. For more information, please view our blog: https://www.carealtytraining.com/real-estate-agent-how-to-write-a-purchase-offer For more information or to sign up, please visit our website (www.CARealtyTraining.com) or give us a call (888-317-8740). You can also follow us on: • Facebook- https://www.facebook.com/LARealtyTraining • Twitter- https://twitter.com/carealtytrain • Instagram- https://www.instagram.com/carealtytraining Thanks for watching!
Views: 1000 CA Realty Training
Making an offer on a home | Housing | Finance & Capital Markets | Khan Academy
 
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Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/home-buying-process/v/escrow?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/home-buying-process/v/title-insurance?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Buying a home involves a lot more than writing a check and getting keys. It could very well be the largest transaction that either the buyer or seller does in their life. Because that, it is an involved process that can sometimes be confusing. Whether we're talking title insurance, escrow, or contingencies, the goal of this tutorial is to demystify the process. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 45788 Khan Academy
How to write a basic real estate offer in Massachusetts.
 
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How to write a basic real estate offer in Massachusetts with ZipForms.
Views: 623 Jack Gately
Making the offer to purchase
 
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VIDEO TRANSCRIPT: Reporter: Let's say I have found the perfect property. I am now ready to make that commitment. What are some of the things that I need to ask before I make that commitment? Simon Bray: You're looking for the property, and you finally find the one that you really like. At that stage, you're going to make an offer to purchase, which is really a binding contract between yo, and the seller, provided the seller accepts it. So it can be a particularly difficult process, if you haven't done it before, to understand exactly what needs to go into that contract but really you have to know that you want the house. So is it in the location that you're happy with? Close to schools, the neighbourhood and the community that you enjoy. Sometimes it's worth having rented in that neighbourhood before so you know exactly what you're getting into. Is the house the type of house you want? The space and all of that, and I think most importantly can you afford it, because as soon as you sign that offer to purchase it starts a whole process in motion. And if you can't afford it, well you've wasted your own time and that of the seller. Reporter: Okay, now let's say I've cleared my mind of any doubt, I'm a 100% sure this is the property I want to purchase, what do I do? Simon Bray: The best thing to do at that point is to engage with a professional, so an estate agent or an attorney, to draw up a contract for you which is called an offer to purchase. Basically, it records your offer, the price you're going to pay and the terms and conditions that you're happy to accept in a sale. And then it'll get submitted to the seller, and if the seller likes what he sees then he's going to sign it, and you're going to have a binding sale agreement. So it really is just a contracting phase between two parties, and it's important to understand what goes into that contract, what are the various clauses that you need to look out for and that's where an estate agent agent or an attorney can really add value. Reporter: And is there anything specific a buyer should be aware of, or at least look out for, before making that offer to purchase? Simon Bray: Absolutely. A suspensive condition is basically if this condition isn't met well then the sale doesn't go through. So there's usually a number of suspensive conditions inside of sale agreements or offer to purchase, and there are things like you have to get a bond within 30 days, or perhaps I've got to sell my house before I can buy this house. So those would be suspensive conditions, and it's good to look out for those. Another one people often miss is this concept of the Voetstoots clause. There's this misunderstanding in the market that because of the Consumer Protection Act, there's no such thing as the Voetstoots clause. But in an individual property transaction, say you're selling a house to me, that clause absolutely can go into a sale agreement which means you're selling the house to me as it stands. So I need to be aware of any defects and be happy to sort them out if they do present themselves down the line. So that's a good one to look out for. Provided you don't know about any major problem that you haven't told me about, because that would be fraudulent, right? Reporter: Simon what happens in the event that you've bought the house but people are still occupying it? Simon Bray: The transfer process usually takes about 12 weeks in this country. So specifying exactly when you're going to move in has to be in that Offer to Purchase. So it usually records a date of occupation, and if, as you say, the person continues to live in the place after that date of occupation, then you'd also specify occupational rent. So that's how much rent they would effectively pay you to live in that place. It's usually quite high, it usually has to cover all the costs of ownership for the property. So you do need to look out for those ownership clauses, like the occupational rent clause. Reporter: And what are some of those things you should not do after you've done your OTP? Simon Bray: One thing that's really interesting is people will sign multiple offers to purchase. You've seen two or three houses, you've put in two or three different offers, and then you look to get the cheapest one. But the problem is if all of those sellers sign those offers, you've actually just bought three properties. So you don't want to do that. You don't want to sign an offer that you can't get finance for, so you need to know what your affordability level is. And you can't just rely on what people call the "cooling off period". There's a little clause that goes in the contract that says, "If I change my mind in the next five days, then I'm allowed to." That cooling off clause actually really only applies to property below a certain value, usually really low, like R250,000. And those directly marketed. So you don't really want to rely on that clause.
Views: 1708 Private Property
Offer to Purchase Real Estate as a Binding Contract: Terms to Consider
 
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Attorney Mark Stiles and Attorney Chris Holland of Stiles Law discuss the Offer to Purchase Real Estate. The Offer to Purchase, or "Offer", is a binding legal contract that creates binding obligations on the Buyer and Seller. In addition to price and dates, Buyers and Sellers can negotiate contingencies, repairs, and other matters. Important contingencies include: a financing or mortgage contingency, a home sale contingency, condominium document review, or an obligation for Seller to pay all outstanding betterments or assessments. Stiles Law, with offices located in Boston and Marshfield, Massachusetts, is a firm concentrating in real estate conveyancing and mortgage lending services, representing buyers, sellers, borrowers, banks, mortgage companies, investors, builders and developers in all of their real estate and mortgage transactions. Stiles Law serves all areas of eastern Massachusetts–the North Shore, Boston, and Cape Cod, in addition to the entire South Shore, including: Plymouth, Kingston, Duxbury, Hanover, Pembroke, Marshfield, Scituate, Norwell, Cohasset, Hull, Hingham, Weymouth, Braintree, and Quincy.
Views: 149 Stiles Law
9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 1
 
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9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 1 Accunet Mortgage, LLC - NMLS ID 255368 Sometimes it’s easy to forget that your offer to purchase contract is a legally binding with many different rules and regulations that need to be followed. At Accunet Mortgage, we feel that a large part of our job is to educate our clients, and that’s why we’ve put together 9 Misunderstandings on Wisconsin Offer to Purchase Contracts That Can Cost You Money. Here we delve into a myth surrounding backing out of a deal: - All I have at risk as a buyer, if I back out, is losing my earnest money… Listen in to hear Accunet’s Brian and David Wickert discuss why this is false and what you need to do to protect yourself! This segment was taken from the August 21, 2016 episode of The Accunet Mortgage & Realty Show on Newsradio 620 WTMJ. For the full episode please visit https://goo.gl/GXUXSV
Views: 204 Accunet Mortgage
How to Complete Buyer's Offer Paperwork Transaction Desk Tutorial Tennessee KAAR
 
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Here is a step by step video for Knoxville or any Tennessee agents on how to navigate the process of preparing a buyer's offer paperwork in Transaction Desk, then sending off for digital signatures in Authentisign.
Views: 1779 Troy Stavros
How to use Transaction desk to write an offer!
 
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This video shows you the basics of using transaction desk to write an offer.
Views: 4969 ThinkFrinkHT
Benefits of Writing a Personal Letter to accompany Home Purchase Offer!
 
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Watch this quick video to learn the benefits of writing/drafting a personal letter when submitting an offer for a home of interest.
Views: 137 Josh Mottashed
How to Make An Offer to Purchase Real Estate
 
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http://www.HampdenCountyHomes.com Hi Don Thompson, your local real estate expert advisor, back again to talk about making an offer. So to quickly recap, you’ve gotten pre approved for financing, you searched for your next home, you found and now you want to make an offer. Consulting with your broker advisor, you will want to develop a basic strategy. This will include the price you’re willing to pay, how much of a deposit or earnest money you want to put down, is there any personal property you want included, what repairs do you want to be made to the property, what other contingencies, like inspections, mortgage, closing cost credits, do you want to include and finally when do you want to close. You can see it’s not just making a low offer and seeing of the seller will accept. This is where an experienced broker advisor can be of immense help. In the end the lowest price may not be the best deal for you if you’re not able to negotiate any of the other terms. So where do we begin. I know most people like to go right to price but let’s talk about some of the other terms first. How much of a deposit do you want to put down? This is the money that the listing broker holds for the seller to take the house off the market. Contract law say it has to be “consideration” so it can be a lot or a little. The seller’s perception is however, the more you put down the more serious you are. What personal property would you like to include, stoves, refrigerators, washer and dryers, lawnmowers etc are all personal property to ask for if you want. If you or your broker advisor were to notice that there is, what I like to call a physical deficiency, that you would like fixed and if the seller wouldn’t fix you don’t want to buy then you should ask for it in the offer and not wait for the inspector to tell you it should be repaired because the seller does not have to fix it just because the inspector said… That leads us to the inspection contingency giving you the right to do inspections and allowing you to back out of the deal and get your deposit back if you are unhappy with any results of the inspection. Just to say, The seller is not obligated to do any repairs unless you have negotiated them as part of the offer, Your right is to back out. On a practical note we may try to negotiate more repairs. There are a lot of inspections to consider, structural/mechanical, termite, radon, lead, asbestos. Some may be more important to you than others. If you’re getting financing, there’s a mortgage contingency. You’ve been pre-approved, but you will need to make a formal application including the property which must be approved as well. I will talk about this process in another video. But if for some reason you could not get a mortgage you could back out and get your deposit back. The conditions for all this are explained in this paragraph. Then you can ask for anything else that you want to happen, closing cost credit and any other condition you want to be met. You decide on an appropriate closing date and then.. Determine a price that you want to offer. And you can be as aggressive as you like. Now, an Aggressive offer can be a little or a lot lower than asking price, but it can also be higher than the asking price. especially, if the property is priced right, in good condition and will be in high demand. This is where your broker advisor should be able to assist you. Ultimately, who sets the price that a house sells for? If you answered the seller you’re half right, the buyer’ that’s the other half. It takes the seller and the buyer to come to a meeting of the minds to determine the sales price. Depending on the situation, you may go back and forth with your negotiations until that meeting of the minds is reached. In some cases, however, because of competition for the property you may be asked to give your highest and best offer in which case you may not be able to get another chance and you’ll just have to give it your best shot. So Let’s say we’ve got a deal...now what That will be the topic of my next video, so look for that next email. If you have any specific questions you want to ask me, cal or text me at 413.221.9981 or respond to this email and I will get back to you right away. Thanks and have a great day.
Views: 3418 WesternMARealEstate
How To Make An Offer To Buy A House - The Home Buying Process [Write An Offer]
 
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How Make An Offer To Buy A House. Real Estate Questions? Call or Text Oliver Now 760 237 8006 or go to http://www.BigBlockRealty.com/contact San Diego Real Estate Professional gives all tips you need to Make an offer to buy a house. Get Instant Real Estate Help Call or text us: 760 237 8006 San Diego Real Estate Agents and Local San Diego Real Estate Experts Oliver Graf and Sam Khorramian talk about "how to make an offer" in this episode of buy a house Real Estate Tips. In this video we'll discuss: - If you've found a house that you want to buy, you'll need to make your seller an offer. Find out how to write a thoughtful real estate offer letter - Determine the price. The purchase offer should clearly state how much you're willing to pay for the property. - Legal Description - Tips for Writing Winning Purchase Offers even in a Seller's Market. - Your earnest money deposit - Financing terms - Choose your escrow period - Move in terms - When do you get the keys - Writing an offer letter is an important step - Response Time - Offer Price - How to write an offer to purchase a house (that stands out and wins) - Fully executed contract Sam Khorramian and Oliver Graf help countless buyers and sellers make offers on Real Estate all over San Diego. Sam is based in Downtown San Diego and Oliver is on the beach in Oceanside. Together this powerful duo service's all Coastal San Diego Real Estate From: Downtown San Diego Real Estate, La Jolla Real Estate, Del Mar Real Estate, Encinitas Real Estate, Carmel Valley Real Estate, Rancho Santa Fe Real Estate, Point Loma Real Estate, Oceanside Real Estate, Carlsbad Real Estate, San Marcos Real Estate, Cardiff Real Estate, La Costa Real Estate, Solana Beach Real Estate, Little Italy Real Estate. There are different versions of writing an offer that make sense depending on whether you're buying new construction, short sale, bank owned property, rural property, etc. As your Buyer's Agents we will help you figure out which one is right for you Take a look at more tips on How to make an offer to buy a house: http://bigblockrealty.com/understanding-the-process-of-buying-a-home-part-1 When Buying Real Estate in San Diego or anywhere else, you want to make sure that you write a good strong offer, while at the same time making sure you don't over pay. Some things you want to think about when putting in an offer to buy real estate. - Consider Market Conditions in Your Market and Submarket - Determine what price you are willing to pay - Figure out your highest and best price for the offer - Outline exactly what you want from the seller. - Choose your "escrow period" and closing date - Outline contingencies Then get ready to negotiate! Oliver and Sam are Internationally recognized real estate speakers that are based here in San Diego. They are the obvious choice when looking for help in the San Diego Real Estate Market or finding a San Diego Real Estate agent! Being expert negotiators gives them the ability to consistently get the best deals for all their clients when buying San Diego Real Estate. Call us and we can help you make an offer to buy a house all over San Diego. Browse San Diego Real Estate, Homes for Sale in San Diego, Free Search Tool Here: http://www.BigBlockRealty.com/buy Find... Real Estate in San Diego Real Estate in Little Italy Oceanside Real Estate Carlsbad Real Estate La Costa Real Estate Leucadia Real Estate Encinitas Real Estate Cardiff Real Estate Solana Beach Real Estate Del Mar Real Estate Rancho Santa Fe Real Estate La Jolla Real Estate Buy Real Estate Make an offer Real Estate Real Estate in Oceanside Real Estate in Carlsbad Real Estate in Encinitas Real Estate in Solana Beach Real Estate in Del Mar Real Estate in La Jolla Real Estate in Rancho Santa Fe San Diego Real Estate, contact Oliver now for help: Call now: 760. 237. 8006. or Direct: http://www.ThinkOG.com Take a look at some of my other videos... La Jolla Realtor Tour "La Jolla Shores Tower" Realtor Condo tour La Jolla - Real Estate Agent http://www.youtube.com/watch?v=FDuZo5m9jno Oceanside Real Estate Virtual Tour by Oceanside Real Estate Agent Realtor http://www.youtube.com/watch?v=mbAeyL1HaG8 Carlsbad Real Estate Virtual Tour by Carlsbad Real Estate Agent Realtor http://www.youtube.com/watch?v=oq310GJrJA8 San Diego Real Estate Agent Oliver, contact me now for help: Call now: 760. 237. 8006 or Contact Me Direct: http://www.BigBlockRealty.com/contact Thanks for watching! Contact me anytime, Oliver Graf Big Block Realty San Diego Realtor: #01832028 http://www.BigBlockRealty.com Premium Service, Proven Results! Disclaimer: This video is for entertainment purposes only San Diego Real Estate, Call Oliver now for a free list of local homes for sale, San Diego Real Estate. Let us know if you have any questions on how to make an offer to buy real estate.
Views: 9571 olivergraf360
Tips to Writing an Offer in Today's Market - Get your offer accepted!
 
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If you are a buyer in today's market, you have probably noticed the intense competition you are faced with when writing a purchase offer on a home. Follow these tips on how to write a strong offer that will stand out among the rest - and get accepted! 1. Show the seller you are a serious buyer by putting down a sizable deposit 2. Write a sincere heartfelt letter to the sellers 3. Have a strong preapproval letter from your lender Contact us at 562.344.5146 or NestSoCalGroup.com for more information or to start your search as a buyer!
Views: 142 NEST SoCal Group
Submitting an Offer on a House - Home Buying 101
 
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Learn the basics of writing and submitting an offer on a home you are ready to buy. We want to help you on your way to buying your own piece of real estate. Learn more about how to buy a home and other real estate tips: https://www.realtor.com/homebuying/ #HomeBuying101 -~-~~-~~~-~~-~- Learn More about the home buying process: "Home Buying 101: How Do I Get Started?" https://www.youtube.com/watch?v=zqZI4ZvjcRM -~-~~-~~~-~~-~- #realtor #realestate
Views: 27301 realtor.com
Sales and Service Agreement (Free Client Contract Template)
 
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In this video I run through our exact sales and service agreement. The exact contract and legalese that we hand to our clients. Get a contract template here: http://bit.ly/2mpyFLs This is the exact contract we use to close business. The point where this comes in in the sales process is they've seen the price. They've seen the proposal or the bullet points or whatever we sent them over, the examples, they talked to the references and this is right before the deal is sealed. They have to sign this document for it to be officially closed. This is the exact contract we use to close business. Why is each of these lines in there: This cost me about a thousand dollars. I had to hire a lawyer to write this. So here's thousand dollars worth of value for you. Sale of Service [01:00] We list out what they're buying. The Cost [01:11] Here you provide the cost breakdown. For example, $10,000 for marketing and $4,000 for PPC. Payment Services [01:30] We do automatic billing 30 days after the previous billing period. Delivery of the Services [2:12] This section outlines exactly when we'll deliver. Term and Termination [2:26] This clause provides details on how to terminate the agreement. We demand a 30 day notice. Warranty [2:40] This where we use our guarantee at x27 that if we don't deliver we'll work for free until the goals are achieved. Relationship of the Parties [3:10] Legal stuff for tax purposes. Confidentiality [3:25] This is where you outline your NDA. Notice [3:28] It goes over how client communication works. Entire Agreement [3:53] More legal stuff. Amendments [4:00] Contract must be signed by all members. Governing Law [4:06] What laws are you governed by depends in which state your business is HQed in. Severability [4:09] Legal language that outlines that if one clause is thrown out the remaining clauses are still valid and contract is not terminated. Feel free to rip this off and use it in your own client work. I also recommend hiring a lawyer if you need one. Get this contract as a Google Doc for FREE here: http://bit.ly/2mpyFLs Let me know if you have any questions about this in the comment section! ----------Support our channel: Support this channel: https://www.patreon.com/alexberman SUBSCRIBE for more videos like this: http://youtube.com/alxberman?sub_confirmation=1 Check out our Digital Agency Marketing Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219?mt=2&ls=1 Need lead generation or marketing support for your agency? Check out http://experiment27.co . /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: https://experiment27.lpages.co/discovery-call-structure-and-questions/ Free Sales Courses: https://experiment27.teachable.com/ __ /// MORE FROM ALEX Subscribe for more videos: http://youtube.com/alxberman The Alex Berman Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219 __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Book a one on one with Alex: http://experiment27.com/consult __ /// BUSINESS INQUIRIES: For sponsorships you can reach me at: [email protected] __ /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: http://bit.ly/2vqZCyK Get the proposal template you can use to sell 5 and 6 figure deals: http://bit.ly/2NqiPJw Free Sales Courses: https://experiment27.teachable.com/ __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Work one-on-one with Alex: http://experiment27.com/consulting __ /// SHIRTS & HOODIES http://wohello.com __ /// MORE FROM ALEX Subscribe for more content like this: https://www.youtube.com/user/alxberman?sub_confirmation=1 The Alex Berman Podcast: iTunes: https://itunes.apple.com/us/podcast/the-alex-berman-podcast/id1200614219?mt=2 Spotify: https://open.spotify.com/show/6fnAZkjzRhtPYvsZkcMmjK?si=7gwE0NuPSqSMFpGM9MskGg __ /// BUSINESS INQUIRIES: For sponsorships you can reach us at: [email protected]
Views: 7692 Alex Berman
How to Make an Offer on Commercial Real Estate
 
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http://www.commercialpropertyadvisors.com/how-to-make-offers-on-commercial-real-estate/ Discover what no classroom would ever teach you on how to make an offer on commercial real estate. You'll learn the absolute essential things you need to make an intelligent offer, including the 4 phases you must go through BEFORE you finalize your offer. Most importantly, the lessons in this video will educate you on how to avoid overpaying as well as the dreaded negative cash-flow scenario that some commercial investors experience when they first purchase. Lastly, you'll get access to a file that step by step, shows you exactly how to make the best offer on any commercial property.
THE OFFER - $$$$
 
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This video covers how to put in an offer on a property for sale... Offer to Purchase Letter Sharing in DotLoop Contract of Sale Paperwork Descriptions
Views: 2238 KW Coaching
Offer to Purchase and Acceptance Page One
 
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Writing an Offer to Purchase at Keller Williams Realty Greater Cleveland West
Views: 1129 KW Agent Help
How To Present an Offer to Purchase to a Real Estate Listing Agent
 
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In this video Eric Andrews explains the benefits of presenting an offer to purchase to a listing agent and why those offers are taken more seriously than an email. You can visit Eric's page here: http://www.ericandrewsrealtor.com/agent/
3 Things You Must Know Before Writing an Offer to Purchase Any Colorado Real Estate
 
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http://youtu.be/rjRAOnQyDow http://www.DiscoverRealtyGroup.com Hadley Ott, Realtor (720) 253-9495 direct/text [email protected] Discover Realty Group, powered by Hothem & Associates 3 Things You Must Know Before Writing an Offer to Purchase Any Colorado Real Estate Being an informed buyer in todays market is how you win properties in multiple offer situations, how you effectively negotiate the terms of the contract to be in your favor, and ultimately keep control of the transaction. There are some very important things you MUST know before submitting an offer on a property to purchase. Watch this short video for some helpful information which will help you be more informed and have less headaches throughout the purchase process. http://www.DiscoverRealtyGroup.com This video is a little longer than others, but has some very helpful tools for you to be aware of. Be sure to stay tuned through the end though as there is a piece of information you'll be glad to know about. http://www.DiscoverRealtyGroup.com 3 Things You Must Know Before Writing an Offer to Purchase Any Colorado Real Estate Call or email me for more information (720) 253-9495 or [email protected]
5 Tips for Writing the Purchase Offer
 
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What do you get when you cross a cocktail lounge and bar dice, with Pat & Bonnie? Great bar-themed Real Estate advice, of course! Pat gives some great insight into the Purchase Offer, defines the process, and tells you what to look out for. Did he leave anything out? www.patbolger.com
FREE Real Estate Investor Training_ How To Write an Offer in 5 minutes.wmv
 
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FREE Real Estate Investor Training_ How To Write an Offer in 5 minutes.wmv to Buy Real Estate. For Real Estate investors and landlords. Mike Butler shows you how to write your offer to buy real estate in less than 5 minutes using a simple 1 page offer form. MIke is an investor, mentor, author of Landlording On AutoPilot book, Speaker, and Trainer. and please Subscribe to http://YouTube.com/MikeButlerDotCom Mike Butler shows you how and why you can make your offers very simple and straight forward. Get this and more training at Visit my website at http://AskMikeButler.com. Learn how to buy without banks, money, credit, private lenders or hard money lenders from Mike Butler who has never gone to a bank to buy an investment property. To GRAB Your Own Copy of 1 Page Offer Form, visit http://AskMikeButler.com/1pageoffer
Views: 8992 MikeButlerDotCom
What to use when writing an offer on a home in Utah
 
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This is a real estate purchase contract (REPC). In Utah, you must use a REPC to make an offer when purchasing a home. I do not dive into much detail about the contract. It is very boring but informative for first time home buyers. Check out the video and ask any questions.
Views: 310 Michael Heslop
How do Realtors & Real Estate Agents Submit an Offer on a Home?!
 
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How do Realtors & Real Estate Agents Submit an Offer on a Home? What does that process look like? Are you getting anything negotiated into the deal when you decide to submit your offer to purchase a property? RE/MAX Alliance Agent Natalie (Negotiator) Carrado is your girl! Sell or Buy Your Next Home using Living Denver! www.LivingDenver.com
Views: 8876 LivingDenver
Writing Real Estate Offers - Making Your Real Estate Offer As A Wholesale Buyer - REIClub.com
 
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http://www.REIClub.com When Making Wholesale Real Estate Offers, Here Are Some Investor Tips On Writing Up Your Real Estate Offer... SUBSCRIBE TO OUR YOUTUBE CHANNEL http://www.youtube.com/subscription_center?add_user=reiclub SUBSCRIBE TO OUR FREE NEWSLETTER https://www.reiclub.com/real-estate-newsletter.php LET’S CONNECT http://www.facebook.com/reiclub http://twitter.com/reiclub https://plus.google.com/+reiclub http://www.pinterest.com/realestateclub/ Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on structuring wholesale real estate offers. Real Estate Purchase Offers Formula Chart - Microsoft Excel - calculate wholesale offers - create tables and equations - plug in numbers, easy to replicate, free tool - 70% ARV minus profits - repairs - taking averages of your repair estimates is a good start. Profits for End Buyer Real Estate Investor - How much will room will the end buyer have? - If you take to much, not appealing enough for buyers Contract Clauses for Real Estate Offer - 24/7 access to the property - Request for key - inspectors, lenders, appraisers but most importantly your Buyers can get into the property with ease. Contingencies for Purchase Offers: For those who don't know what contingencies are: A contingency is a provision in a real estate contract that specifies the contract would cease to exist upon the occurrence of a certain event. So if anything is found to be an issue with the following contingencies, the contract would be null. - Request a 15 day inspection period -- potential deal breakers -- foundation, septic bust, pretty much any big ticket items that could destroy your investment profit. - Third Party Approval - partner, funder, etc. -- they might catch something you didn't, always great to get a 2nd or even 3rd approval as long as it's done in a timely fashion. - Earnest Money for Purchase Offer -- this is the sole remedy for non performance -- when people have their own money vested into a deal, they tend to take it a bit more seriously. Earnest Money - good faith to secure the wholesale contract - put in as little as possible $10-$100, and $500 if a real estate agent is involved - expiration date - usually 48 hours Everything in writing: - Verbal agreements do not protect you, written proof does. - your responsibility - writing and signatures of all the people who are involved in the transaction - real estate attorney - overview contract Here are 5 tips on how to handle your earnest money: 1. Never give earnest money deposit directly to seller. 2. Make the EM deposit payable to a reputable third party - real estate brokerage, legal firm, escrow company or title company. 3. Verify that the third party will deposit the funds into a separately maintained trust account. 4. Obtain a receipt. 5. DO NOT authorize release of your earnest money until your transaction closes. (includes pass-throughs) Structuring Real Estate Offers has many variables, and it will take a bit of time to fully understand the process. Just remember, as an investor making wholesale real estate offers, make sure everything that is agreed to is in writing and you have it approved by an attorney. This is the safest way to make sure your real estate investing contracts are solid, and you minimize your investment risk for every purchase offer you make. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. http://www.youtube.com/watch?v=ch9sOqh0GfI "REIClubRealEstateInvesting"
Views: 14448 reiclub
Presenting the Offer to Purchase - Lease
 
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This is an example of how to present the offer-to-purchase, strongly and confidently. In this scenario both purchase and lease options are presented and explained.
Views: 352 Steve Richards
Writing an offer - The Purchase Contract"
 
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Join me while I discuss the ins and outs of the purchase contract.
Tutorial: Offer to Purchase & Contract
 
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North Carolina form 2-T Offer to Purchase & Contract explained.
Views: 86 Steven Squires
Understanding the NC Offer to Purchase
 
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This video may be super long but its definitely worth the watch if you are about to sign an offer to purchase for the first time or if it has been a few years since you last purchased a home (since the contract changes almost yearly). When purchasing a home it is important to understand what you are signing. You need to not only know the high level items of purchase price and closing date but other items such as how to get out of a contract and what items convey with the purchase of a home. Ten years ago when I first received my license the contract was about seven pages long and now we are at 13 pages! Ashley Jamerson, licensed NC Realtor since 2006. Start your Home Search: www.CharlottesBestRealEstate.com Down Payment Assistance Programs in Charlotte/NC: www.CharlottesBestRealEstate.com/loan-programs Facebook: www.Facebook.com/AshleyJamersonRealtor Instagram: AsheTheRealtor Email: [email protected]
Views: 1777 AsheTheRealtor
Project Proposal Writing: How To Write A Winning Project Proposal
 
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Project proposal writing. Learn how to write a project proposal that gets your project funded. Try our award-winning PM software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectProposalWritingHowToWriteAWinningProjectProposal Struggling to write a proposal that "sells" your project? Can't work out why your brilliantly written and formatted proposals fail to engage the decision-makers that count? Watch as ProjectManager.com Director Devin Deen shares his winning project proposal writing tips with you in this short but compelling project management video on "how to write winning project proposals." Click the link below to claim your free 30-day trial of ProjectManager.com https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=ProjectProposalWritingHowToWriteAWinningProjectProposal Subscribe to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos New to project management? Watch Project Management For Beginners right here: https://www.youtube.com/watch?v=RT66tw1cKCA
Pollfish's 30¢/survey mobile app offer; Efficient, centralized sample purchasing (RBDR--4/3/14)
 
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Sponsored by Toluna (http://www.toluna-group.com), bringing people and brands together to improve decision making via the world's largest social voting community. Today: 1) Pollfish offers surveying to mobile apps, paying 30¢ per survey (which it says is more than can be made from a mobile ad) and offering 3 ways to opt out of receiving surveys. 2) A survey of the fastest growing companies show a marked decline in the percentage of them paying attention to customer complaints on Twitter. 3) Guess what job opportunity is on India's top 5 list? Yep, you're right. 4) Federated Sample introduces Fulcrum Bid Manager, a centralized facility that simplifies and makes more efficient sample buying and selling for MR buyers and, importantly all sample sellers.
The Business Purchase Offer & Contracts
 
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The Business Purchase Offer & Contracts http://www.ifthebanksaysno.com Subscribe to Beyond Breakeven ======================================================== In this video Ed Keels talks about the importance of having a clear understanding of what you are signing when it comes to business deals. There are many types of documents you need to be familiar with such a non-disclosure agreement (NDA), letter of intent (LOI), personal financial statement (PFS), offer form, purchase agreement, loan application, lender’s letter of interest, lender’s proposal letter, lender’s commitment letter, loan closing documents, bulk sales affidavit, bill of sale, etc. It's also imperative to know who's on your side in the deal. You must be your own best advocate. Unlike a real estate broker, a business broker is not necessarily the buyer's representative and in many cases is the direct opposite. To learn more click on the link above. ======================================================== Here’s the recap: 00:01 when it comes to business purchase offers and contracts you must have a clear understanding of what you’re signing 0:09 here are the types of documents you need to be familiar with when looking at buying a business: non-disclosure agreement (NDA), letter of intent (LOI), personal financial statement (PFS), offer form, purchase agreement, loan application, lender’s letter of interest, lender’s proposal letter, lender’s commitment letter, loan closing documents, bulk sales affidavit, bill of sale 0:20 the completion of a personal financial statement (PFS) has to be done only on a rare occasion 0:38 a business broker is not necessarily the buyer’s representative and in many cases is the direct opposite so why would you use their form? 1:10 as a buyer, you are responsible for the structure of the deal and understand the elements of the deal are for you! ======================================================== To see the rest of this video and 10 other related videos, go to www.ifthebanksaysno.com and click the "get funded now" button ____________________________________________________________________ ***Click below to SUBSCRIBE for More Videos: https://www.youtube.com/user/BeyondBreakeven ____________________________________________________________________ Ed Keels The Deal Maker Beyond Breakeven Inc. www.ifthebanksaysno.com http://www.Facebook.com/beyondbreakeven Linked In:http://LinkedIn.com/edkeels
Views: 249 BeyondBreakeven
Chapter 10  Part 1 Sales Contract Practices NC REALTORS Offer to Purchase
 
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Offer and Acceptance Mailbox Rule When a contract is formed Detailed breakdown of 2-T Offer to Purchase Recorded 08/07/2018
Views: 834 Travis Everette
How To: Write A Counter Offer Like A Pro!
 
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Want to learn how to be a better contract writer for your clients? The Counter Offer is a fantastic contract that allows you to change any terms! Watch to hear my tips and tricks on how to write a great counter offer and be a better Real Estate Agent! ________________________________ Brittney is an expert Transaction Coordinator and 3rd generation real estate fanatic with over 12 years of transaction experience and a background in file management. CalBRE 01450176 Email Brittney at [email protected] signheretransactions.com Instagram @signheretransactions Connect with me!
Counter Offer to Purchase Contract
 
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This Video covers the Counter Offer to the Purchase Contract. How to fill out and typical counter items.
Views: 2783 Leana Berwick
Creating an offer in dotloop | Webinar
 
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For more training resources and content, visit the dotloop Resource Center: https://www.dotloop.com/resource-center
Views: 5638 dotloop
Land Purchase Offer Contracts & Tips For Land Investors and Buyers : An Entrepreneur's Journey
 
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Follow Nick on twitter @NicholasCoriano see land for sale at Homeskape.net see land blog at Homeskape.com
Views: 256 Nicholas Coriano
Important clauses to know in an offer to purchase document.
 
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An attorney gives first time home buyers the information they need to know about making the offer to purchase. Video Transcript: Presenter: Welcome back. We're live on SACBC 3. This is your feel-good breakfast show, and we're calling all first-time home buyers. Yes, calling on you to sit a little bit closer as we continue our series in giving you expert advice on making that very important first home purchase. And this morning, we're joined by Attorney Lisa Boniface who's here to give us advice on making the offer to purchase, all that it entails and, of course, all the all-important clauses that you need to consider when it comes to that contract. Listen up. Once the buyer has decided the property they want to buy, it is time to make the offer to purchase, making an offer to buy the home. Now we have Attorney Lisa Boniface in studio to take us through the various clauses you need to go through. I know buying property is a huge commitment, but first of all, what is the offer to purchase? Lisa Boniface: So, Zoey, the offer to purchase, otherwise known as the deed of sale, it must, at the very least, contain all the [essentialla?] in terms of the Alienation of Land Act. So it's a binding agreement between purchaser and seller setting out the parties, the property description, and obviously the price that's been decided upon. And it must be reduced to writing. Now let's talk through some of the clauses when it comes to finalizing your property. Lisa Boniface: I think what's very important for first-time buyers is the voetstoots clause. We've all heard the phrase voetstoots, I'm sure, at some stage of our lives. It's found in many sale agreements. And what first-time buyers must realize is that you're buying the property as is. As it stands, with all the patent and the latent defects. So the patent defects could be things that you can see with the naked eye. For instance, a tile is missing or a crack in the wall. The latent defects may be something that's found at a later stage. For instance, leaks in the pool, or after a thunderstorm when the rain comes through, that could be seen as a latent defect. But when you sign that sale agreement voetstoots gives the seller a huge amount of protection, and you're buying that property as is, with all of those defects. And I think for a first-time buyer, make sure you go into every single room, ask all the right questions, get your seller to fill out the seller's declaration, which all agencies hold, and just to make sure that they are protected. Okay. So I think for us as the buyer, we also want to be protected in some way. What protection is there for the buyer? Lisa Boniface: Disclosure, disclosure, disclosure. So you need to ask the right questions. The seller may not be aware of certain defects. So if you want to get a home inspector in, do that. Bring in an engineer if you're concerned about the roof. But really just safeguard yourself. Don't walk into the property in the evening and sign an offer to purchase. And when it comes to occupational rent, let's say the seller still has occupants or they're still in the home. What is in it for the buyer? Lisa Boniface: The occupational rental clause is there for two reasons, Zoey. The first one is that the buyer may need to occupy the property prior to registration. For instance, he's relocating. He may be selling the property he's currently in. The second big reason we have an occupational rental clause in all our offers to purchase is that the seller may need to remain in the property after registration. We've often had cases in our office, Zoey, where the purchaser may think he's moving in at 8 o'clock in the morning and all the trucks have arrived, but in fact, the seller's only moving out that night. So that can cause some difficulty. So I think things to remember there would be your amounts negotiated upfront, as well as the time on a specific date. Find out more here: https://www.privateproperty.co.za/advice/property-tv/articles/episode-11-important-clauses-to-know-in-an-offer-to-purchase-document/5323
Views: 168 Private Property

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