Paula Stone's (crystalpalms) Blog

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Real Estate Agent - Crystal Palms Realty

ARCHIVED BLOG POSTS

2012 

Since each question is worth one point, spending more than a minute or so per question would not be a wise decision. If the question is confusing, rather than spending a lot of time on it, use your best guess and come back to that question at the end of the examination.The Florida Real Estate Sal...
08/29/2012
the most important rule to follow is that of regular upkeep on your home.  Keep your gutters cleared, apply fresh paint to the exterior, and trim your yard.  Buyers have plenty of imagination, and if you just present them with a clean and functional canvas, they'll easily envision the home of the...
08/23/2012
For infomation on Rowlett Real Estate School and our classes in Panama City, Fort Walton, Pensacola and Destin, visit our website at www.rowlettrealestateschool.com .  Or give Captain Wayne a call at 850-547-1333 63-Hour Pre Sales Associate     Aug --- 6, 7, 8, 9, 10, 11, 12 -- Destin Sept -- 4, ...
08/23/2012
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Even though net listings are legal in Florida, net listings can create many problems for licensees and are illegal in some states. Licensees should avoid using them.A net listing is created when an owner states a minimum acceptable amount and a broker agrees to market the property at a higher pri...
08/23/2012
Only exclusive-right-of-sale and exclusive agency listings may be placed into the multiple listing service (MLS®). No single broker controls open listings, so they may not be entered into the system.With an exclusive-right-of-sale listing, a seller lists property with only one broker. The seller ...
08/23/2012
Either party may terminate an open listing at will. Without formal notification of ter­mination, an open listing ends after a reasonable time. A seller need not notify the broker if another broker or the owner sells the property.     An open listing allows a broker to attempt to find a buyer for ...
08/23/2012
Brokers use three basic types of listing agreements in Florida: open list­ings, exclusive agency listings, and exclusive-right-of-sale listings.  Licensees sometimes use net listings with any of the three types of listings, but generally avoid themA listing agreement is an employment contract bet...
08/23/2012
If a licensee writing a special clause is not absolutely certain how to word a special clause, it is best to consult an experienced real estate attorney.   A licensee should be careful when drafting a lengthy special clause for a sale contract. If the clause later proves to be defective, the lice...
08/23/2012
If a contract is vague and unenforceable, the result could be no transaction at all, loss of commission, and a possible civil lawsuit against the licensee.    Both the licensee who prepares a contract and the licensee's employer are responsible for mistakes in the agreement. If errors, omissions,...
08/23/2012
Licensees should not prepare legal documents such as deeds, mortgages, and promissory notes. Activities of this nature may result in charges of practicing law, leading to disciplinary action and liability for damages in a civil suit.   Real estate brokers may prepare listing agreements, sale cont...
08/23/2012
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Paula Stone

Real Estate Agent
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