JEFFERSON-LEWIS BOARD OF REALTORS, INC. PLAIN 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with the 'OFFER TO PURCHASE' section. Fill in the property details including location and tax parcel numbers.
  3. In the 'PROPERTY DESCRIPTION' section, provide the address, approximate lot size, and any improvements on the property.
  4. Next, complete the 'PURCHASE PRICE' section by entering the total amount and details of deposits and payment methods.
  5. Specify any contingencies in the designated section, such as financing options or inspections required before closing.
  6. Fill out the 'CLOSING' date and location to finalize your agreement.
  7. Review all sections for accuracy before signing. Ensure both parties initial where required.

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FSBO listings can choose to cooperate with agents and pay them a commission, but they are in no way obligated to do this. However, For Sale By Owner listings can NOT be listed on the Multiple Listing Service (MLS), as it is an agent-only system.
Each property listed on the MLS (Multiple Listing Service) has a unique number called MLS Number which is used to identify the property.
This way, other agents can easily find properties for their buyers. Most homes are listed in the regions MLS, but not all. There are some properties that sellers do not want to publicize, for a variety of reasons.
Generally properties that arent listed on the MLS are attempting to be sold via a pocket listing method or value privacy (the seller wants to remain as private as possible and/or does not want others to know theyre selling).
The Multiple Listing System Versus Mass Market Sites It is the place to get all the most accurate and up-to-date information. Since the MLS has all the information, mass market sites like Zillow pull data from it to populate their listings.
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People also ask

Pros and Cons of Using MLS Broad Exposure. Professional Representation. Access to Qualified Buyers. Comprehensive Data for Sellers. Efficiency in Transactions. Costly Commissions. Loss of Privacy. Competition and Pressure.
While Zillow may have 40-90 fields of information about the property, the average MLS listing has over 200. While Zillow may have limited information if a property sold dating back a few years, the MLS will have all the listing information, market times, unsuccessful listings, and photos dating back 15-20 years.

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