4.14 Negotiation and Drafting of Contracts, Leases and Brokerage Agreements

  • The Company encourages Agents to draft and present Contracts, Leases and Brokerage Agreements in person to clients whenever possible.
  • When negotiating a Contract, the Agent must stress to the client that the agreement is not binding until all parties have signed and delivery has occurred (ratification).
  • For all Agents, your local association forms and NVAR forms are provided. Any additional forms may require a secondary membership paid by the Agent. 
  • Agents should use the Global Templates created in Zipforms for aid in drafting paperwork.
  • Verbal agreements are not binding.
  • Agents are required to counter offers in writing unless prohibited due to the transaction being a Corporate Relocation Transaction.
  • The use of “Buyer Love Letters” is discouraged by the Company per NAR.
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