Saturday, December 31, 2005
Monday, December 26, 2005
Melting Snow, Bad Coughs & Holiday Cheer
Thursday, December 15, 2005
Cell Phone Telemarketers On The Loose
Wishing you the best,
Dan
Real Estate Consultant since 1985
dan@DanWeis.com
www.CincinnatiRealEstateHelp.com
Sunday, December 11, 2005
"Get Out Of Dodge" Pack
Well, this is an idea that my favorite financial planner, Marjorie Falk, recently shared with me.
What would you do if an impending disaster was upon you and your property? What would you need to take with you and what would you leave behind? Just in case, you need to prepare for a tornado, flooding, fire or other natural disaster.
Here are a few tips to think about:
- Who would you call?
- Where would you go?
- How would you keep in touch with family and friends?
- Do you have a copy of your homeowner's insurance, social security card, and extra cash?
- Do you have all of your important documents in a safe deposit box?
- Do you have a flashlight, radio, extra batteries, water and non-perishables ready in a box?
You may also want to go through your home and take digital photos of everything for insurance purposes, so that if you need to leave in a hurry, you won't panic about what you're leaving behind. Also, make a location list of important items that you'd want to take with you, so you won't forget.
If you have any other tips, please reply and post them here for others to read.
Thanks, Marjorie for the tip. Also, if you need an experienced Certified Financial Planner, call Marjorie Falk. She can be reached at Ameriprise Financial (formerly American Express) at 513-642-2500 or marjorie.f.falk@ampf.com. Marjorie has been our planner for years, has really looked out for us and is helping us build our nest egg for our future.
Wishing you the best,
Dan
Real Estate Consultant since 1985
dan@danweis.com
http://CincinnatiRealEstateHelp.com
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Friday, December 09, 2005
How To Get What You Want In Life
Tuesday, December 06, 2005
Realtor Code of Ethics Change May Put Buyers At Disadvantage
In October, the National Association of Realtors' Board of Directors voted to amend three of the Standards of Practice that clarify what is required of Realtors to comply with the NAR Code of Ethics.
Now you may be thinking what does this have to do with anyone planning to buy a home?
Well, one of the three changes may cause a home buyer to be at a major disadvantage when it's time to make an offer on a property.
The significant change involves Standard of Practice 1-13. This standard sets forth a Realtor's duty make certain disclosures when a Realtor enters into an agreement to represent a buyer.
Effective January 1, 2006, buyer's agents will be required to advise their clients of the possibility that the seller, or listing agent, may not treat the existence, terms or conditions of their offer as confidential.
Such confidentiality is not required of sellers under Ohio law and would only be required of a listing agent when they function as a dual agent for the seller and buyer. When a listing agent only represents the seller, they only owe a duty of confidentiality to the seller and no such duty to the buyer. This would mean that a seller could direct their agent to disclose the existence of an offer and the terms or conditions contained in that offer to competing buyers. The listing agent would have to follow those instructions, because of their fiduciary duty to obey the lawful instructions of their client.
Unfortunately, most buyers are under the misconception that the terms of an offer to purchase they make are confidential and will not be revealed to other buyers. The purpose of the amendment is to assure that buyer's agents are advising their clients of this fact.
Such advice can be done verbally or in writing. Further, buyers who want to make sure their offers are not revealed to others or "shopped" could negotiate a confidentiality agreement with the seller. This would need to be done in advance of submitting an offer.
Since this is brand new and may cause some confusion in the marketplace, please make sure to share this information with any family or friends, who plan on purchasing a home in the near future. I am also available to help answer any questions on this issue.
Real Estate Consultant since 1985







