1. HOA Addendum Can Give & Take

• https://workdrive.zohoexternal.com/external/aam8NEQrcVF-K7AOf
  Changes in the contract update - if the property you're buying/selling is in a mandatory HOA, you need to have the addendum in the contract 
  Buyer : I want or not the HOA document
  As a buyer you would want to have the documents 
  The seller knows all the fees, buyer is unaware of certain things 
  Seller would be the one that negotiates.

  • How this is an "out "for a buyer - if you have a listing and you know it is part of an HOA, prior of media day request the docs. Once you provide them to the client you have 3 days after that to terminate the contract.
    

  • When should sellers order their HOA docs 
    

  • What fees buyers should be aware of
    Listing agent is the one who needs to be in charge of this. They need to have the documents in order.
    Resale certificate is needed as well
    Schedule your work in advance and be prepared.

2. Listing Equipment Return & Rider Orders
We are going to request more, we as broker agency pay for them and you as agents get them for free. Please return them

• Return your listing equipment
  

  • Don't scratch it - take care of them . Don't leave them in your trunk.
    

• Sign riders-- orders going out today
  

  • Email Megan - action item - if there's any sign riders that you need and we don't have please send an email to Megan to request whatever you need.
    We need to order a min number of sign riders.

3. Texas Realtors: HOA Reform Bills

• https://www.texasrealestate.com/members/government-affairs/political-affairs/get-involved/members-government-affairs-political-affairs-get-involved-callforaction/
  Trepac - pack that does things for us 
  HOA Reform Bills - proposals 
  No limit currently 
  HOA members to repeal the process 
  HOA management certificates / email and website 
  HOA database information 

  • What are the Bills currently being proposed
    

  • How YOU can get involved
    

4. When To Drop A Buyer Client
Sometimes you need to guide your buyers through the process.

• How to do it
  

• Your time is valuable - let us know how you feel and we can help you 
  

• Signs it won't work out
  

• Refer to others if just personality conflict / there are more agents that can work with the client if you don't feel comfortable
  

• Avoid lawsuits or issues  - see the red flags and avoid conflict and lawsuits 
  

Real Estate Word of the day  : https://www.realestateabc.com/glossary/

• Certificate of Eligibility (VA Financing): A document issued by the Veterans Administration that certifies a veteran's eligibility for a VA loan
  Could you please send me your VA certificate of eligibility?