What normally occurs in a bonafide real estate sale
INTRODUCTION – Real Estate Sales Legal Overview
Real Estate Sales Legal Overview – While there are many different factors in any real estate sale, there are certain common procedures and steps involved in most transactions. This is a birds-eye view of a typical sale but is by no means a comprehensive checklist of everything involved. It is up to the brokers and or attorneys involved to make sure everything is taken care of properly. Most real estate sales in California involve the use of California Association of Realtors (CAR) standard forms which are widely recognized. Over the last 100 years, there have been thousands of court cases involving real estate disputes and contracts and as a result the law and the forms are pretty well defined and established. A licensed California real estate broker or real estate attorney has access to those forms and should be familiar with them.
Sample of Bespoke Realty, Inc. Exclusive Listing Agreement (CAR)
PLACING THE PROPERTY ON THE MARKET
You do not need a real estate broker to sell your own property. You can simply place an ad in the paper or on the Internet or place a sign of the property to find a buyer for your property. If you’re going to sell somebody else’s property, a real estate license is required.