Dave Ferro
Posts from June 17th, 2021
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Contract Dates
Real estate, as a profession, is both simple and complex. It is simple in that our role as Realtors® is to make friends and then help our friends with real estate issues. Sometimes we get paid, and sometimes we don't. It is complex in that once a contract has been signed, dates have to be counted, deadlines have to be met, and communication has to be seemless. Let's metaphorically think of a real estate transaction as a play. The Realtor® is a director using the purchase and sale agreement (contract) as a script. There are actors who each play a role. Typically the actors are buyers, sellers,home inspectors, termite inspectors, insurance agents, lenders, and closing agents (law firms or title companies). Each actor has a role to play. The script (contract) says when some of the actors come on stage and leave the stage. It is the Realtor's® job to remind the actors of their lines and when they should come on stage and off the stage. Realtors also document progress and keep all of...
