I spoke with Peg Ritenour of the OAR Legal Assistance Hotline about above. As it turns out, we are not required to have our clients acknowledge the name change in writing but she feels it would be good business to let them know about it. Here is a LINK to the form I have created for your use. If you would be more comfortable creating your own you are welcome to do so but best that you provide something to your existing clients prior to the change date so they are aware. You will be able to find this form at our website in the Toolbox under Procedures / ID's and it will be called Name Change. Thank you!
Bill Berris will be invoicing our agents directly for photography. Thanks, BGW
901 CANTERBURY RD STE D
WESTLAKE, OH 44145-1480
Linda & Barb thought it would be good if I post the following housekeeping items:
When mailing earnest money checks to the escrow company please include the property address so we/they don't struggle trying to figure out what deal it is for.. When our staff mails it for you, they include the earnest money letter if we have it or an enclosure with the address of the deal and your name.
The Data Collection Sheet needs to be completed for us to enter into the home warranty cos. system before the deal closes in order for you to get paid per RESPA. If we don't get it to the home warranty company you don't gat paid and we only police the deal prior to closing.
When requesting that your listing goes to Contingent Status, please supply the contract date and the reason for the contingency as they are required fields and we can't change status without them. Below please find reasons for contingency:
Other – See Remarks
I came across this motivational speaker and viewed a video of his explaining his Five 50-Minute Habits That Get You 30% More Productive (and Energized). I know nothing of him but after reviewing the video briefly do believe that these habits could be a good thing. The one thing I disagree with is doing all five of them at once. I will try one for a week or two and if it makes sense do my best to maintain it and then move on to the second one, try that one for a week or two and well you get the idea. Here is link to VIDEO if you care to view to see if you are interested. Thanks, BGW
Linda leaves at 5:00PM on Fridays so please do what you can to get things in well in advance of office closing so she can get it done for you. Last minute and beyond office hours won't be tended to until Monday. Thanks very much, BGW
When one agent writes an offer for two or more different buyers at the same time on the same property the rules have changed on how to handle. This ARTICLE explains the rules in a general way. The article was written before the law was passed so hoping a more detailed article will be forthcoming. Thanks, BGW
The above topic has been raised on a couple occasions and so I contacted my insurance person to look in to it. It is best that the seller maintain their homeowner's insurance after closing up until they move out so they are covered on their contents and for liability purposes. If they will be staying longer than approximately 14 days (extended time such as 30 days or 60 days) they should have a renter's policy. Thanks, BGW
Gae brought this to my attention and so I thought I'd pass along for those of you who didn't know. Here is LINK to law. Thanks, BGW
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