Home Selling Academy
Lesson 3 - Your Team
There are three entities that make up your team when you are selling your home – your Real Estate Attorney, the Title Company, and the buyer’s agent. Each of these members can make or break your closing…so keep them close.
Your Real Estate Attorney
Real Estate Attorney Overview
Real Estate Attorney Overview TranscriptDownload and read the transcript of everything you need to know about Real Estate Attorneys.
Finding a Real Estate Attorney is easy, but finding a great Real Estate Attorney takes a little bit of effort. Follow these steps to find a great Real Estate Attorney
- Referrals are the best. Post this message on the social media sites you use. “Does anyone know a good Real Estate Attorney?”
- Go to Martindale – This website allows you to search by area of expertise and lets you know if the attorney has been reviewed by his/her peers and by clients. It gives you an aggregate of the reviews, but does not show individual reviews.
- Avvo – This site lets you post free questions to attorneys and find local attorneys by specialty. You can view internet reviews on the attorneys as well.
Real Estate Closing Process Questions Answered by Attorneys in Your StateWe interviewed attorneys in each state about the closing process and their answers are here. These attorneys are some of the best in the country and we recommend their services.
Hiring Your Real Estate Attorney
- Hiring a Real Estate Attorney Transcript
Hiring a Real Estate Attorney TranscriptHiring a Real Estate Attorney Transcript
Download and read the transcript of how to hire a Real Estate Attorney. - Real Estate Attorney Questions and Scoring Sheet
Print this document and you will have a ready-made scoring sheet with all the interview questions you should ask.
Listen to the interview below with Real Estate Attorney Zach Roth.
Step 3 – After You Hire Your Attorney
After You Hire Your Real Estate Attorney
- Find a Real Estate Attorney
- Obtain and fill out your disclosure paperwork
- Know how long it will take the attorney to turn around the sales contract
- Know how the sales contract and deposit will be exchanged between you and the buyer
- Put your attorney’s contact information on your speed dial
The Title Company
It is always best to hire a Real Estate Attorney who also owns a Title Company. This means that there is one less contact point in an already complicated process. However, this is not always possible.
Title Company Overview
- Title Company Overview Transcript
Download and read the transcript of everything you need to know about title companies.
Hiring a Title Company
- Hiring a Title Company Transcript
Download and read the transcript of how to find and hire a title company.
- Title Company Questions and Scoring Sheet
Print this document and you will have a ready-made scoring sheet with all the interview questions you should ask.
- Find a Title Company
The Buyer’s Agent
There are many good real estate agents out there but there are also many poor real estate agents. Never assume your buyer has good agent. Stay on top of them and manage them like they work directly for you. After all, you are paying them.
- The Buyer’s Agent Transcript
Download and read the transcript of how to handle a buyer’s agent to ensure they do not mess up your deal.
- Key Storage Box – Having a key storage box will allow real estate agents to show your home without you at home. This will save you a lot of time and worry.
Disclosures
Your real estate attorney is going to provide you the disclosure form. However, I wanted to bring you up to speed on this document to help you out.
Listen to the audio below as I review the below sample disclosure document.
- Disclosure Example
This is a sample disclosure. Please don't just print this document and use it because laws vary by state and even county. Your state and county likely require something different than this document. Your attorney will provide you with the disclosure document.
