Services Nevada Listing Contracts “The Windermere Way”

43
Services Nevada Listing Contracts “The Windermere Way”

Transcript of Services Nevada Listing Contracts “The Windermere Way”

Page 1: Services Nevada Listing Contracts “The Windermere Way”

Services Nevada

Listing Contracts“The Windermere Way”

Page 2: Services Nevada Listing Contracts “The Windermere Way”

2

Communication Log

Use this Communications Log to keep accurate notes on the transaction as it progresses through the listing process or you

can use the Communication log on

Windermere e-docs.

Page 3: Services Nevada Listing Contracts “The Windermere Way”

3

Seller’s PackagesNew File List

525 - Duties Owed 547 - SRPD 560 - Confirmation Regarding

Real Estate Agent Relationship 622 – Residential Disclosure

Guide ADHOAL - HOA addendum to

listing BCCA – Net/Cost Sheet CDWF – Construction Defect CHOR 1 – MLS Change Order

CTA – Consent to Act EARTS– Listing Agreement MDW – Mold Disclosure Optional Forms

TKAF – Tenant Key Authorization

Windermere Forms ACA - Additional Clauses

Addendum COOF – Windermere 3 page

counter offer

Page 4: Services Nevada Listing Contracts “The Windermere Way”

4

Document Checklist

Page 5: Services Nevada Listing Contracts “The Windermere Way”

5

New Listing

Check with your office to find out what you need to turn in to

your Broker for a new

listing.

Page 6: Services Nevada Listing Contracts “The Windermere Way”

6

Duties Owed

Make certain that your

client initials that you may

not act for both parties in

the transaction and make

certain that you are using

the latest form dated 10/01/05

Page 7: Services Nevada Listing Contracts “The Windermere Way”

7

Confirmation Regarding Real Estate Relationship

You will need to have your seller

complete this, but it will only be used in the transaction if

the GLVAR Purchase

Agreement is not used. It has a

Confirmation built into it (page 9).

Page 8: Services Nevada Listing Contracts “The Windermere Way”

8

Consent to Act

This form is used only if you

represent both sides of a

transaction. However, if the seller has stated on your duties

owed that you can represent both

parties, you must complete this with

your listing agreement.

Page 9: Services Nevada Listing Contracts “The Windermere Way”

9

Residential Disclosure Guide

The client will get all 15 pages of this

document, but you

must turn in only a copy of the last

page signed by the client.

Page 10: Services Nevada Listing Contracts “The Windermere Way”

10

Brokerage Listing Agreement

Page 11: Services Nevada Listing Contracts “The Windermere Way”

11

Seller’s Real Property DisclosureMake certain that the Seller is the only one who fills this out…..don’t help beyond answering questions.

Page 12: Services Nevada Listing Contracts “The Windermere Way”

12

More Seller’s Real Property Disclosure

Page 13: Services Nevada Listing Contracts “The Windermere Way”

13

Addendum to Listing Agreement for CIC Properties

Page 14: Services Nevada Listing Contracts “The Windermere Way”

14

Construction Defect Disclosure and Waiver

Make certain that your

seller marks one of these

and then responds

accordingly.

Page 15: Services Nevada Listing Contracts “The Windermere Way”

15

Mold Disclosure/Waiver

Be certain that you

have your seller sign the new

Mold Disclosure/

Waiver.

Page 16: Services Nevada Listing Contracts “The Windermere Way”

16

Existing Loan & Insurance

Page 17: Services Nevada Listing Contracts “The Windermere Way”

17

Counter Offer #1 for a Windermere Listing

The form was designed specifically to overcome

the basic question

areas where contracts can vary

dramatically

Page 18: Services Nevada Listing Contracts “The Windermere Way”

18

Counter Offer #1

Make certain that you sign it as well as the seller(s).

Page 19: Services Nevada Listing Contracts “The Windermere Way”

19

Counter Offer #3

Page 20: Services Nevada Listing Contracts “The Windermere Way”

20

Windermere Additional Clauses Addendum

This one form will

soon replace

the 3 forms

that are currently

being used.

Page 21: Services Nevada Listing Contracts “The Windermere Way”

21

Instruction to Exclude Listing from the MLS

If the Seller for some reason

(staging, painting, moving, etc) needs

to keep the property off of the market for some time before the

listing period, be sure to have this form completed.

Page 22: Services Nevada Listing Contracts “The Windermere Way”

22

Instructions to Exclude Photo from the MLS

If for some reason your sellers do not want

photos in the MLS, make certain that you have them sign this form.

Otherwise, you will be fined for having no

photos.

Page 23: Services Nevada Listing Contracts “The Windermere Way”

23

Seller’s Net Sheet

Just as with the Buyers

Cost sheet there is a 3rd page with a

Glossary of Terms

Page 24: Services Nevada Listing Contracts “The Windermere Way”

24

Here is the new Walk Thru

Page 25: Services Nevada Listing Contracts “The Windermere Way”

25

MLS Change Order

Use this form when you make a change in price, when you extend

the listing or when you have a

change to the terms and/or

conditions to the listing.

Page 26: Services Nevada Listing Contracts “The Windermere Way”

26

Here is a list from Appraisers outlining the value of upgrades

Page 27: Services Nevada Listing Contracts “The Windermere Way”

27

Frequently Called Numbers

Page 28: Services Nevada Listing Contracts “The Windermere Way”

28

Residential Purchase Timeline and Checklist

Whether you are

processing your own

transactions or using a transaction coordinator,

this new form is a priceless

addition to our forms.

Page 29: Services Nevada Listing Contracts “The Windermere Way”

29

Lead Base Paint Disclosure

If the house you are listing was built

before 1978, you will need to have

the seller complete this disclosure.

Page 30: Services Nevada Listing Contracts “The Windermere Way”

30

Road Construction Disclosure

If road construction is being done around the

house that you are listing, it would be a good idea to have the seller complete this

disclosure.

Page 31: Services Nevada Listing Contracts “The Windermere Way”

31

Electrical Transmission Line Disclosure

If there are large power lines close to the house you are

listing, you will want to have your seller

complete this disclosure.

Page 32: Services Nevada Listing Contracts “The Windermere Way”

32

Condominium Conversion Disclosure

If the condo that you are listing

has been converted, be

certain to have the seller include

this as a disclosure for the buyer along with

the other disclosures.

Page 33: Services Nevada Listing Contracts “The Windermere Way”

33

Methamphetamine Lab Disclosure and Waiver

If for some reason you

believe that the home you are

listing has ever been a meth lab, please have your seller complete this disclosure.

Page 34: Services Nevada Listing Contracts “The Windermere Way”

34

Asbestos Disclosure

If the house you are listing is old enough to have popcorn ceilings

or if pipes are wrapped, you will

want to have the seller complete this

disclosure.

Page 35: Services Nevada Listing Contracts “The Windermere Way”

35

Financing Addendum

Page 36: Services Nevada Listing Contracts “The Windermere Way”

36

More Financing Addendum

You will use this when the

seller carries a first or a

second on the house.

Page 37: Services Nevada Listing Contracts “The Windermere Way”

37

Seller’s Multiple Counter Offer

If you receive more than one offer on a property,

be certain to do the Windermere 3 page

counter offer and attach this multiple counter

offer form as a part of it. This makes certain that the seller has the final acceptance to put the offer in escrow. It is normally the buyers

acceptance that approves the offer for escrow.

Page 38: Services Nevada Listing Contracts “The Windermere Way”

38

Waiver for SRPD

This waiver can only be used by

trustees, banks or lien holders who

have never lived in or seen the property.

Page 39: Services Nevada Listing Contracts “The Windermere Way”

39

Here are pages 2 & 3 which disclose the terms of waiving the SRPD.

Page 40: Services Nevada Listing Contracts “The Windermere Way”

40

Tenant Key Disclosure and Authorization

If there is a tenant in the property, you will need to have

them authorize the use of a key box.

This is the form that they sign.

Page 41: Services Nevada Listing Contracts “The Windermere Way”

41

If you list vacant land, this is the listing agreement.

The third page of this is the same as page 3

of the regular listing

agreement.

Page 42: Services Nevada Listing Contracts “The Windermere Way”

42

Here is the Vacant Land Disclosure to be completed by your seller

Page 43: Services Nevada Listing Contracts “The Windermere Way”

43

Thank you for your attention and patience ---

Now go list those houses that your sellers want to sell!!!!

For more assistance, please go to Useful Information in your manual