Do Experienced Realtors Write Incomplete Offers?
Do experienced Realtors write incomplete offers? That is a great question. The Real Estate purchase agreement, RPA in California is a detailed contract. There are classes at the real estate board and workbook for dummies type books on it. It takes a desire to learn what each sentence and paragraph means. It is an important document as Realtors we do three things:
- List real estate
- Sell property
- Realtors use Listing Agreements and Purchase Agreements
- Realtors can do property management; however, many brokerages do not allow Realtors to do Property Management without adequate training.
- Tenant disputes are one of the most significant issues with DRE, the Department of Real Estate.
- Incomplete offers are more common than you might think.
Our team takes a large number of listings each year. the offers arrive without dates, without the agency confirmation filled out, appropriate boxes are not checked or the incorrect boxes are checked. Newer agents who write lots of offers sometimes have more experience writing offers. An agent who has 10 years on the job but only writes 10 offers a year, may not have as much experience as an agent with 5 years of experience who writes 40 offers per year. Do experienced Realtors write incomplete offers? Yes.
Agents with decades of experience and a very busy real estate practice are far and few between. The same is true today 20% of the agents sell 80% of the real estate. It’s an EZ performance record to prove.
— JaCi Wallace