Capturing summer in Seattle with each blog post moving forward until we hit fall. Creating safe summer vibes where we can!
This week was spent on helping brokers artfully navigate actual real estate – no updating of COVID19 operational playbooks – instead, staying the course with current guidelines.
Instead, this week was more focused on helping to a clarifying 35R timeline response NWMLS (Form 35 1.C.ii), securing a buyer in backup as party #1 backed out after an hour in mutual (only for Seller to be better off), handling of disclosures when an estate sale is at play, etc…a sold week IN real estate.
Outside of the art of negotiations, this past week I worked on a handful of “coming soon” items worth noting on a weekend edition of Fridays with Laura. Thanks for being a reader!
Coming soon | WRE Form 64 | General Addendum
What? Another new form? Yup, and it’s a good one. I do think you’ll appreciate it. Additional general vernacular and clean up around these topics coming very soon:
Gaining permission to share inspection report with Seller (or not!) and what happens if reports are provided (when not asked for). Guardrails around Feasibility and agreeing to not share findings with Seller. A general View disclaimer. Further setting expectations between parties around Cleaning (and property & grounds maintained) prior to Closing. A mouthful on Hazardous Material disclaimer. An Automatic Extension of Closing Date language. Additional option in delayed Earnest Money deposit. Easy Assignment to another entity when Buyer is of controlling interest. Request for Proof of Down Payment. An “as is” clause.
There is a lot there within this coming soon Windermere General Addendum penned by Demco. WRE Form 64 has gone through rounds of drafts with us owners and will be released soon for education and market.
Podcasts | Double Down Episodes 20 + 21
I’ve missed my podcast equipment and even more so the recording of conversations with meaning people + content. I’m back, starting this next week. Episode #20 will be focused on the power of strategic questioning to elicit deeper meaningful conversations. Beginning in September, I will be hosting monthly learning conversations throughout our offices – with you fueling the direction of conversation. Our use of Zoom – a collaborative technology to which many of you have become comfortable with will be our platform to host “knowledge cafes” = more details in Episode #20!
Episode #21 will be a deep dive with Demco around the new WRE General Addendum described above and PLIA’s Heating Oil Insurance Plan currently transitioning to a Loan Grant Program. WA State’s new program should be available around July 20, 2020. Beginning information here. We are reviewing draft legal bulletin on this topic now with Demco Law Firm – this too, coming soon.
This next topic is not a coming soon topic; it is a now topic. From me to you, a general BIG thank YOU. From my humble optics I do believe our local real estate industry (you) has adjusted well and continue to be doing all we can do to keep us in the current phase of reopening business and life. That said, WA State has hit another pause in moving forward based on the numbers around COVID19. While I continue to plan for a “what if” scenario if Washington State and our respective counties need to roll back to a previous phase, I am hopeful any/all of my planning can head to the garbage can. So, thank YOU. Keep it up; we are doing our part in moving forward, not backwards.
Let’s do something fun together. When you finish reading this post, in the blog comment section, write one positive word about what is certain in summer. The practice of writing down what is certain in a continued uncertain environment can lift our everything. Not comfortable with the comment section? Text me your word: 206.227.7133.
“The car goes where the eyes go.” – Garth Stein, The Art of Dancing in the Rain
…another way of saying, what you focus on expands.
I am also certain I am “All in, for us.“