Buyer wants refrigerator and water heater needs to be serviced

What do these two things have to do with each other?

Well, "Buyer wants refrigerator", was an actual stip that a good friend of mine wrote years ago on a contract where she was representing the buyer.  So what!  I want a million dollars, but that's not gonna happen.

The second one, "Water heater needs to be serviced", was written on a special stip just the other day.  Well, maybe so... So what?

Neither of these stips say what has to be done, who's going to do it, by when, and who's going to pay for it. 

Your lawn and the first impression of your home

I remember when I was a little girl, I took biology in school and the teachers scared us to death about walking around barefoot.  They said we would get some dread disease that we could pick up by stepping on sidewalks and lawn that had icky stuff that would come in through our pores or cuts on our feet, etc.

Unfortunately, because of this, I never walked around barefoot on my dad's beautiful Kentucky Blue Grass lawn.  He took great pride in maintaining his lawn.  Back then, edgers weren't popular (or at least we didn't know about them) and we actually trimmed around the flower beds, driveway and walkway by hand with a little scissor.  I can't even imagine doing this now.  All I ever wanted was a nice lawn.  And now, my husband and I spend a small fortune (not really- about $55/treatment - 9 per year) to keep our Bermuda Grass weed free and thick.  I don't walk barefoot on it either!

The many hats of a real estate agent!

Many times, I sit with sellers and have to explain about the various hats I wear.  When we agree to list a home for a client, the client sometimes begrudges us our commission rate.  It's hard for outsiders to understand that when we begin representing them, we begin laying out large sums of money on their behalf for a home that may never sell.

Agetns end up wearing many hats.  The first hat we wear is that of an analyst.  While some agents use the PFA method (plucked from the air) for pricing a home, it is definitely not my style.  When someone brings raw data to the table (CMA printouts from the MLS or prints of recent solds) I just consider that raw data.  While pictures paint a thousand words, it's impossible to know, just by looking at a picture, how big a house is or how many bedrooms or baths are inside, or the finish quality of the interior or how old the HVAC system is and a myriad of other details.

Due Diligence, Simplified

The Georgia Association of Realtors (GAR), led by legal counsel Seth Weissman of Weissman, Nowack, Curry & Wilco, provides the forms used in the overwhelming majority of real estate transaction in Georgia. In particular, the standard Purchase and Sale Agreement contains a ‘due diligence’ paragraph which is often misunderstood by buyers and sellers alike. In truth, it’s very simple and tends to facilitate a smooth transaction for all parties.

As with most legal documents, the GAR Purchase and Sale Agreement has evolved over time. Prior versions attempted to assign some responsibilities to the buyer (i.e. home inspection, loan acquisition, etc) while assigning others (termite clearance, septic system certification, boundary marking, etc) to the seller. This sometimes resulted in misunderstandings between the parties, with important milestones going unmet or being performed hurriedly, just prior to closing.