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Stacey's Weekly Update


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  • Making it happen Monday, I hope everyone had a great weekend Stacey ordered a desk that fits on her treadmill. Earnest and Option fees - Of the contract that the Ernest option money has to be delivered within three days of an executed contract to the title company. Now if the title company is closed like Saturday, Sunday major holiday, it does go to the next business day. But when you have a buyer or when you have a seller, let's say you've seen all the documentation. They're qualified. We know they have the funds either direction, buy or sell. Or if you're representing the seller and you've seen the buyer documentation, talk to the bank, all that good stuff. It is important that all parties understand, especially the buyers, that the option in earnest. Many needs to be liquidated does not need to be sitting in a 41k that has to be dissolved. It does not need to be sitting in stocks or trusts or anything. It needs to be money that can be written on a check and gotten here immediately. It needs to be able to be wired. It needs to be able to be a cashier's check picked up from the bank. 

    Make sure that we're educating people and then as listing agents, following up with the buyer's agents to make sure that all is good. We have the documentation showing that it'll be there if it doesn't get there. 


    So let's talk about March 14th through March 20th. We had 4 contracts turned in.

    Winter is over and spring is here. But I'm excited because it means we're going into big real estate time and hopefully, you know, people be putting their houses on the market and we'll get more things going on. 


Presenter:
  • Stacey
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