YOU ARE AT THE RIGHT PLACE!! THANK YOU FOR CHOOSING CRAZY WOMAN AGENCY… WELCOME … WE ARE HAPPY TO SPEND AS MUCH TIME WITH YOU AS YOU NEED TO FULLY UNDERSTAND THE SERVICE WE WILL BE PROVIDING FOR YOU AND ANY COSTS ASSOCIATED WITH OUR SERVICES.
CONGRATULATIONS!! YOU HAVE TAKEN THE FIRST STEP TOWARD THE, MOST LIKELY, LARGEST PURCHASE OF YOUR LIFE ~ AT ANY RATE, A SUBSTANTIAL INVESTMENT OF YOUR HARD EARNED MONEY!
AS A PROFESSIONAL IN WYOMING & FLORIDA THERE ARE LAWS IN PLACE FOR THE PUBLIC’S PROTECTION AND LICENSING PROVISIONS TO PROVIDE YOU WITH PROPER SERVICES.
THE LAWS GOVERNING LICENSEE’S ARE NOT EXTINGUISHABLE.
WE KNOW MONEY DOES NOT GROW ON TREES, AND NO ONE LIKES TO BURN HARD EARNED MONEY ~ WE WILL NOT WASTE YOUR MONEY ANY MORE THAN WE WILL WASTE OUR OWN.
WHEN THE FOG CLEARS AND YOU UNDERSTAND WE ARE WORKING TO FIND YOU THE PERFECT PIECE OF LAND OR YOUR NEXT HOME, YOU WILL BE A PRO-ACTIVE BUYER WITH INTIMATE KNOWLEDGE OF THE ENTIRE TRANSACTION PROCESS, YOUR PROPERTY AND THE PROFESSIONALISM WE PROVIDE IT TO YOU WITH.
UNDERSTAND THIS… WE ARE LICENSED IN MULTIPLE STATES, WE RESPRESENT BUYERS ON PROPERTIES THAT ARE LISTED WITH OTHER AGENCY’S, WE ARE THE ONLY AGENCY YOU WILL NEED.
THE WYOMING & FLORIDA STATUTES WERE DEVELOPED AND INTENDED TO PROTECT YOU AS THE PUBLIC AND BE A LAWFUL, ENFORCEABLE, ACTIONABLE GUIDE FOR OUR PRACTICES.
You will find below links to the portion of the Wyoming Statutes that are specific to Buyer Representation as well as Intermediary.
WE ARE HAPPY TO SPEND AS MUCH TIME WITH YOU AS YOU NEED TO FULLY UNDERSTAND THE SERVICE WE WILL BE PROVIDING FOR YOU AND ANY COSTS ASSOCIATED WITH OUR SERVICES.
ARTICLE 3 BROKERAGE RELATIONSHIPS
Below you will find pdf format documents required by law for us to perform services for you. These documents are required by law, uniformly and applies to every Real Estate Office licensed in the Great State of Wyoming.
IN PRINTABLE FORMAT WITH HIGHLIGHTS FOR INFORMATION REQUIRED BY YOU…
FLORIDA ~ ON AGENCY, BROKERAGE AND REPRESENTATION
team CRAZY WOMAN
MISSY
BROKERAGE DISCLOSURE
AGENCY RELATIONSHIP
FORMS
DISCLOSURE VS AGREEMENT
RELATIONSHIP VS AGENCY
HISTORY
THE PROBLEM IS THE CHRONIC LEVEL OF PUBLIC CONFUSION in the area of who works for whom and who is paying them. Agents are not free from culpability in this confusion.
The problem is a chronic level of public confusion in the area of who works for whom and who is paying them. Since real estate brokerage often facilitates the most financially significant purchase in a given individual’s lifetime, the agents’ agency role merits attention. In the years from 1994-1997 the Florida Legislature paid considerable attention to this area and passed, in three out of those four years, major bills addressing this area. One of those bills, 1995’s effort, was vetoed, but two others became law, including a significant one, which became effective on October 1, 1997. [Laws of Florida]
The brokerage industry is politically active and well represented both at the state level by the Florida Association of Realtors (F.A.R.) and at the national level by the National Association of Realtors (N.A.R.). These trade associations failed to reinforce the importance of Broker to Agent education to create clarity for the public. Hence DOJ, FTC actions.
Brokerage Relationship Disclosure Act – to the main part of this law, and identified six points which apply broadly. The statute also describes, in considerable detail, the types of disclosure licensees must give when engaged in residential transactions.
The six points of the law which apply broadly seem to capture the overall concept of this legislation by specifying: (1) Licensees must operate as either single agents or transaction brokers; (2) A single agent may not serve both parties in a transaction, (3) Disclosed dual agency is expressly revoked; (4) Transaction brokers engage in “. . . a limited form of nonfiduciary representation to a buyer, a seller, or both . . .”; [2] (5) in residential transactions, a notice of nonrepresentation must be given to customers “upon first contact”; and (6) Statutory forms are provided for giving the notice of nonrepresentation and brokerage relationship disclosures in residential transactions. [Florida Stat., sect. 475.278]
POINTS OF BROKERAGE DISCLOSURE 475.278
Written explanation of the different types of relationships buyer/seller can have in a transaction.
1. BUYER AGENT
2. SELLER AGENT
3. TRANSACTION
4. CUSTOMER
POINTS OF AGENCY RELATIONSHIP
What makes agency?
- Agent = Representing someone else while working with third parties.
- Person represented is principal.
- Principal + agent = Agency
Agency relationships
1. SINGLE AGENT
2. TRANSACTION
3. CUSTOMER
475.255 “Determination of agency or transactional brokerage relationship. Without consideration of the related facts and circumstances, the mere payment or promise to pay compensation to a licensee does not determine whether an agency or transactional brokerage relationship exists between the licensee and a seller, landlord, buyer, or tenant.”
What does? A written agreement, with a start and a finish, mutual consideration and properly endorsed and dated by the parties. Required to have a written agreement with one party – WE DO NOT PRACTICE SUBAGENCY.
SELLER QUERY VS BUYER QUERY
SITUATIONAL IN OFFICE OR TELECOM
1. IDENTIFY
2. PROPERTY/LOCATION
3. LIENS JUDGEMENTS ACTIONS
4. MOTIVATION
5. EVALUATION
6. TIMELINE
7. IN WRITING LIST EXCLUSIVE AGENCY
Seller and Buyer evaluation is in essence the same with opposite consequences.
NOTE!!! IF YOU ARE THE BUYER OR SELLER ~ EXERCISE CAUTIONS IN PROVIDING PERSONAL FINANCIAL INFORMATION THAT WILL PUT YOU AT AN UNFAIR DISADVANTAGE IN YOUR SALE OR PURCHASE IN THE EVENT YOU HAVE NOT CONTRACTED WITH A SPECIFIC BROKERAGE DISCLOSURE PROTECTING YOUR CONFIDENTIAL OR DETRIMENTAL INFORMATION.
AN AGENT THAT UNDERSTANDS AND EXERCISES APPROPRIATE AND HONEST EVALUATIONS PRIOR TO A WRITTEN CONTACT TO LEVEL OF REPRESENTATION WILL NOT SEEK INFORMATION PLACING YOU IN A POTENTIAL UNFAIR DISADVANTAGE POSITION.
FORMS
FORM SECTION/LINE
EBLA SECTION 10
ERS 19tb SEC 10. LINE 137
ERS18sa SEC 10. LINE 137
ERS 16nr SEC 10. LINE 136
ERS 19tn LINE 137/158
BRD 5sa
BRD 7tnx
BRD NAR
EBBA 6tb SEC 12
EBBA 6sa SEC 12
EBBA 6nr SEC 12
EBBA 6tn SEC 12
ATC
AGENT
- HONESTLY & FAIRLY
- LOYALTY
- CONFIDENTIALITY
- OBEDIENCE
- FULL DISCLOSURE
- FUNDS ACCOUNTABILITY
- SKILL CARE DILIGENCE
- PRESENT OFFERS TIMELY
- DISCLOSE MATERIAL FACTS & NOT READILY OBSERVABLE
TRANSACTIONAL
- HONESTLY & FAIRLY
- NO LOYALTY
- LIMITED CONFIDENTIALITY
- NO OBEDIENCE
- NO FULL DISCLOSURE
- FUNDS ACCOUNTABILITY
- SKILL CARE DILIGENCE
- PRESENT OFFERS TIMELY
- DISCLOSE MATERIAL FACTS & NOT READILY OBSERVABLE
AND SPECIFIED WRITTEN AGREED DUTIES
CUSTOMER
- HONESTLY & FAIRLY
- NO LOYALTY
- NO CONFIDENTIALITY
- NO OBEDIENCE
- NO FULL DISCLOSURE
- FUNDS ACCOUNTABILITY
- NO SKILL CARE DILIGENCE
- NO PRESENT OFFERS TIMELY
- DISCLOSE MATERIAL FACTS & NOT READILY OBSERVABLE
HOW TO GET THERE…
- ARE YOU WORKING WITH ANOTHER OR ANY OTHER AGENTS?
-
-
-
- HAVE YOU SIGNED ANYTHING WITH THEM?
-
-
-
2. MAKE IT ABOUT THEM. EXERCISE PROFESSIONALISM IN DEFINING WHAT WILL POTENTIALLY PLACE THEM IN AN UNFAIR DISADVANTAGE IN NEGOTIATIONS PRIOR TO AGENCY AGREEMENT!
3. BROKERAGE DISCLOSURE TO BEST MEET THEIR CURRENT NEEDS.
A. BRD CHOICES
1. DEFINE THE DIFFERENCE DETERMINE WHAT BEST SUITS AT THEIR CURRENT COMFORT LEVEL.
4. DETERMINE THE SEVEN.
5. COMMISSION VS CONCESSION VS COMPENSATION.
6. A T C
7. BRD CHOICES
1. DEFINE THE DIFFERENCE DETERMINE WHAT BEST SUITS AT THEIR CURRENT COMFORT LEVEL.
8. WRITE, EXPLAIN CONSEQUENCE OF AGREEMENTS, SIGN, GET TO WORK!
ON WRITING:
- BLANKS – FILL THEM IN.
- LEGAL – DO NOT USE SHORT LEGAL FROM ASSESSOR, THIS IS NOT AN APPROPRIATE LEGAL. USE FROM DEED, OR SPECIFY DEED ATTACHMENT.
- NAME AND VESTING – GET IT RIGHT! DEED, TRUST, EOA
- PIDN – PRINT AND ATTACH.
- ADDITIONAL PROVISIONS – CURB URGE TO REWRITE WHAT IS THERE, WRITTEN OVER PREPRINTED CAUTION. CONCESSIONS DEFINED HERE.
- MARKET PRECAUTIONS – FINANCE, ASSIGNMENTS, SUNBIZ & EOA
QUESTIONS???
CALL CRAZY WOMAN OR TEXT, EMAIL TOO! 307-360-7771 (V&T) cwrwyo@gmail.com