Episode #545 - Real Estate Only! Here is a trick for our sellers to make sure the other side closes and you get your money!
Ron and Don Radio
Ron and Don
4.9 • 946 Ratings
🗓️ 5 May 2023
⏱️ 13 minutes
🧾️ Download transcript
Summary
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Transcript
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| 0:00.0 | If you're in Seattle, Seattle, and you need to buy your cellar home, we'll be right there for you because |
| 0:09.7 | we're the realtor that you can trust. So put to riding does a down that come. The Ron and Don show is brought to you by in part Ron and Don. They are both licensed brokers at |
| 0:34.2 | one of the mirror. Hey you guys welcome to the real estate only addition to the |
| 0:38.7 | Ron and Don show just one segment one topic and today we're going to talk about the 22 a.D why are we going to talk |
| 0:45.5 | about a 22 a D why you talk about a real estate form because this form could |
| 0:50.9 | help you as a seller specifically save tens of thousands of dollars. |
| 0:59.5 | So Ron, what is a 22 AD and then let's talk about when and when we don't use a 22 a d and a deal |
| 1:10.0 | and let's think about the 22 AD in the terms of a seller. |
| 1:14.4 | So we had someone that was selling down in Tacoma, |
| 1:17.8 | and somebody offered more money |
| 1:20.4 | than we thought the house was worth. And we were worried that the home wasn't going |
| 1:24.6 | to get a praise. If the home doesn't get a praise let's say you think the house is |
| 1:28.8 | worth 850,000 and the bank comes out and they say no someone offered you 850 we're not going to |
| 1:37.0 | finance it for 850 we think it's worth 800800,000. |
| 1:42.6 | So now we're $50,000 short. |
| 1:45.2 | Ron, who has to come up with that $50,000? |
| 1:48.8 | And I think Ron is gonna say, |
| 1:50.5 | well it depends on how your real estate agent wrote the contract right? |
| 1:56.3 | This doesn't cost somebody a lot of money. It's not going to be me. |
| 2:00.0 | So before I answer that I do want to this just reminded me of a little sidebar here because a couple episodes ago you're talking about compensation for brokers and I think one of the misconceptions in the market |
| 2:13.1 | is that, wow, look at these real estate guy, |
| 2:16.1 | they're not doing anything. |
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