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How to Hide List to the Offer To Purchase Real Estate

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(upbeat instrumental music) - Hey, everyone. And if youre here for the first time, my name is Paul Vojchehoske, and welcome to The Real Estate Classroom YouTube channel. Its just a place where real estate professionals can get tools and tips to stay out of real estate jail. And if you would real quick, click on that little subscribe button, and the notification bell right next to it. And if you would, give this video a thumbs up or a thumbs down, either way, I dont care, both creates traffic for my channel. Todays question is, Are listing agents required to disclose that they have offers on their property? Heres a common scenario. A buyers agent has a buyer thats interested in maybe writing an offer so that buyers agent calls up the listing agent, and ask, Hey, do you have any offers in on the property? What is the listing agents obligation? And the answer can be found in the National Association of Realtors Code of Ethics, specifically Standard of Practice 1-15. And that

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do I stop unsolicited offers to buy my house?

Steps to reduce the number of unsolicited offers Place your phone number on the national Do Not Call Registry. Block unwanted calls and texts on your cell phone. Tell companies who contact you to remove your information from their phone and mailing lists. Remove your address from direct mailing lists.

Can the agents hide offers?

Every states laws are different, but generally, if the seller has instructed his agent in writing to withhold certain kinds of offers, then the agent wont present those offers.

What is an unsolicited offer?

Unsolicited offers are also known as unexpected or uninvited offers. Put simply, an unsolicited offer is an offer made by an individual, company or group of investors to purchase shares from an individual who was not actively seeking a buyer. Unsolicited offers are often much less than the current market price.

How do I hide my name when buying a house?

The three most common ways to hold title to property for enhanced privacy purposes is either through an LLC, a revocable trust or realty trusts, also known as land trusts or nominee trusts. The main attributes of these structures, often referred to as privacy vehicles, are explained below, but it is important to

What is a secret listing in real estate?

A pocket listing is a home thats for sale but isnt publicly listed. A real estate agent shows the home to potential buyers privately rather than immediately putting it on the public-facing Multiple Listing Service, or MLS.

How do you make an unsolicited offer?

A Complete Guide to Making an Unsolicited Offer to Purchase Property 1- Identify the ideal neighborhood. 2- Create a target list of investment properties. 3- Find out who owns each property. 4- Get your investment property financing in order. 5- Prepare an offer letter. 6- Make multiple offers.

Why do sellers ignore your offer?

The Offer Was Too Low Most sellers wont acknowledge an offer thats 10% less than the market value. Its insulting to them, and they dont want to deal with the back and forth of a counteroffer. Some sellers may even be offended by the lowball offer like you are trying to take advantage of them.

How do I stop unsolicited offers?

Knuth recommends the Do Not Call Registry is another way to cut back on unsolicited offers. If the offer comes from a local buyer or real estate agent, a reply is appreciated. A polite, Thank you, Im not interested at this time usually is the response, says Lacerte.

How do I write a letter of interest for a house?

7 Tips for Writing the Perfect Real Estate Offer Letter Address the Seller By Name. Highlight What You Like Most About the Home. Share Something About Yourself. Throw in a Personal Picture. Discuss What You Have in Common. Keep it Short. Close the Letter Appropriately. The Bottom Line.

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