1,056,663
Forgetting to check the appropriate checkboxes.
Incompletions.
Figures that do not add up.
Writing lengthy, pretentious clauses like one who fancies themself an attorney.
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
-
Bruce Walter
West Lafayette, IN
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Carol Williams
Wenatchee, WA
-
Michael Jacobs
Pasadena, CA
5,772,587
Bryan,
Not learning the paperwork thoroughly, and understanding it to the point you could explain it to a 3 year old.
Not having someone double check your work! A
-
Bryan Gardner
Riverton, UT
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Bob Crane
Stevens Point, WI
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Debe Maxwell, CRS
Charlotte, NC
2,400,425
Watch your commas and decimal points Bryan Gardner .
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Bryan Gardner
Riverton, UT
-
Nina Hollander, Broker
Charlotte, NC
-
Bob Crane
Stevens Point, WI
-
PropertyMinder (Accele...
San Jose, CA
-
Peter Testa
Danbury, CT
-
Bruce Walter
West Lafayette, IN
-
Debe Maxwell, CRS
Charlotte, NC
5,583,328
all paperwork should be reviewed before being submitted, when an agent is NEW.... there MUST be a trainer/mentor.... paperwork is an easy word to say...it's a contract!!! a legal document when fully executed.
-
Candice A. Donofrio
Fort Mohave, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Bob Crane
Stevens Point, WI
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Jerry Newman
San Antonio, TX
4,582,434
This will likely vary by state. If you are concerned about avoiding mistakes(and good for you for being aware-discuss with your broker or office manager). Paperwork control and knowledge is quite important.
-
Bryan Gardner
Riverton, UT
-
Nina Hollander, Broker
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
-
Peter Testa
Danbury, CT
-
Bruce Walter
West Lafayette, IN
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,847,051
You forget important stuff on the listing agreement. Highlight all those parts that need to be filled out for homes & different ones for condos.
Who does the earnest money get made out to Bryan?
How to write a sales contract. Highlight those parts that would need to be filled in the majority of the time.
-
Bryan Gardner
Riverton, UT
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
5,254,675
- Lack of a full understanding of each and every contractual clause.
- Missing initials
- Using the wrong form (yes, I've seen that many times!)
- Not writing N/A in blank spaces
- Agent-written addenda (not permitted here in NC or SC unless written by an attorney)
- Full description of personal items to remain in the home.
-
Kathleen Daniels, Prob...
San Jose, CA
-
PropertyMinder (Accele...
San Jose, CA
-
Peter Testa
Danbury, CT
-
Bruce Walter
West Lafayette, IN
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
2,188,163
Most common? Poorly written Addendums and not adhering to deadlines.
-
Nina Hollander, Broker
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Candice A. Donofrio
Fort Mohave, AZ
7,864,157
Usually, the most severe mistake is not accounting for funds as required.
-
Nina Hollander, Broker
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Lyn Sims
Schaumburg, IL
2,684,669
Unauthorized Practice of Law, via agents writing in additional clauses.
-
Nina Hollander, Broker
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Bruce Walter
West Lafayette, IN
-
Debe Maxwell, CRS
Charlotte, NC
6,418,755
I am always happy to know that our broker is checking my loops when I turn them in to make sure nothing is missed.
-
PropertyMinder (Accele...
San Jose, CA
-
Bob Crane
Stevens Point, WI
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
759,485
Generally speaking, errors & ommissions- exactly what we have E&O Insurance for. Specifically, math errors- sometimes the Money Down/Mortgage/Deposit don't = the Offer Price. I've seen illegible contracts, mispellings and vague items that could be an issue later.
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
3,416,038
Not having someone else review it, like your broker. Rushing and proof reading
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
140,560
Mistakes are made when the newb really doesn't know what his customer is signing. So my advise is to read the contract and fill it out with the customer.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
PropertyMinder (Accele...
San Jose, CA
1,506,163
Usually the math on the purchase contract. Putting a number in the wrong field, missing a checkbox or having one checked that didn't need to be. Missing an initial (page 8 of our purchase agreement is notorious for this since it has three spots for initials, two of which are buried).
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
2,784,726
The forms require a blank filled in or a box checked. Users have to know why and explain it to others....
-
PropertyMinder (Accele...
San Jose, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
3,986,308
Not checkiing your work
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
3,349,554
Can we start with how we structure a question?
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,712,776
3,988,013
Not knowing what you are doing and failing to ask you broker for assistance when you are in over your head.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,525,616
There are lots of mistakes but missing initials of forgetting to check a box are two that come to mind.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
519,324
Illegible handwriting, avoid this. Use typed forms.
Complete the check boxes completely, review them with someone to ensure nothing was missed, or you could be in trouble.
Ambiguous addendum drafted by the other side. We have a blank form my office refers to as the addendum of death. It's where any agent will be exposed and liable to be sued if they don't clearly cover all the basis in a concise way. Who, what, when, where and what if. I don't care about why.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,553,599
Not reading them and understanding them.
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
4,800,132
Grammar is a biggie when they can't understand your writing.
-
Bob "RealMan" Timm
Minot, ND
5,240,031
Not learning proper procedure and developing systems!
-
Bob "RealMan" Timm
Minot, ND
3,071,489
4,901,858
Basically not knowing what one is doing.
-
Bob "RealMan" Timm
Minot, ND
2,192,358
Failure to get everything signed/initialed !
-
Bob "RealMan" Timm
Minot, ND
4,434,177
5,113,121
Incomplete and with incorrect information.
-
Bob "RealMan" Timm
Minot, ND
4,319,773
Bryan Gardner - I do not want to add to the list... lol!
-
Bob "RealMan" Timm
Minot, ND
1,624,853
Check, recheck, let someone else to check it for you.
-
Bob "RealMan" Timm
Minot, ND
716,529
Many mentioned here in the comments I'd say. Usually as a result of lack of experience.
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Bob "RealMan" Timm
Minot, ND
3,167,714
that's why broker review is required in my state to prevent mistakes.
-
Bob "RealMan" Timm
Minot, ND
87,920
Always have someone to check your paperwork: broker or your mentor, or at least another agent.
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Bob "RealMan" Timm
Minot, ND
2,071,025
1,598,452
5,877,915
1,241,879
902,038
577,750
Expressing yourself clearly using proper grammar when you write something. One small error in the wording of a clause could have detrimental effects. A good example is your question... :)
11,643
Thank you all for the great answers. This is a great wealth of knowledge. Thank you for sharing.