Washington REALTORS®

In Part five of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss Form 41 C, an addendum to the purchase and sale agreement that deals with buyer broker compensation. Please listen to Part 4 of this series to better understand the changes to Form 41 that are referenced, before you move on to this track. Be sure to like, follow and share!

In Part four of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss statewide forms revisions going live on October 3rd. In this fourth video in the series, Annie and Eric discuss the exclusive buyer agency agreement that will now become Form 41, and replace Form 41 A & B. Also discussed are the conceptual changes in the industry driving the evolution in the buyer/broker agreement.

In Part three of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss statewide forms revisions going live on October 3rd. In this third video in the series, Annie and Eric discuss the forms language on Form 21, new paragraph 16, and how it changes the way buyer broker is compensated in a real estate transaction. Also discussed is the reasoning behind the change, and the goal of greater transparency for consumers in the transaction process.

In Part two of our Industry Evolutions Series, Annie Fitzsimmons and Eric Johnson sit down and further discuss the upcoming forms changes on October 3rd. In this video, Annie and Eric dive into the changes and the language REALTORS will need to get accustomed to after October 3rd of this year, particularly when it comes to buyer broker compensation and consumer transparency regarding buyer broker commissions. Be sure to like, share and subscribe!

In Part 1 of our Industry Evolutions series, Annie Fitzimmons and Eric Johnson, Broker/Owner of Coldwell Banker Tomlinson North in Spokane, discuss the new forms changes going live on October 3rd. This forms change is specific to buyer brokers compensation and will change the was you do business. In this introduction to the series, Annie and Eric discuss the national landscape that is propelling this industry evolution forward. Be sure to share and subscribe!

Annie Fitzsimmons (WR's Legal Hotline Lawyer) returns with guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners) to discuss the "Perspectives on a Transitioning Market" from a Designated Broker. Listen in as Annie and Shelly go over working with Buyers in the current housing market. Be sure to like, share and follow!

Annie Fitzsimmons (WR's Legal Hotline Lawyer) starts off a new Legal Hotline series called "Perspectives on a Transitioning Market" with this week's guest Shelly Schmitz (Designated Broker with Keller Williams Premier Partners). In this first episode Annie & Shelly introduce the multi-part series which focuses on the perspectives, observations, and concerns, of a variety of industry professionals (ranging from Lenders, Brokers, Inspectors, and more), on our current housing market. Stay tuned for what is sure to be a very enlightening series.

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In today's Legal Hotline, Annie Fitzsimmons (WR's Legal Hotline Lawyer) answers a question she's been receiving more and more frequently... Did the Buyer Broker waive the Buyer's Inspection Contingency by providing a copy of (blank)? The "blank" could be a number of things, such as, the Inspection Report as a whole, a copy of a page from the Inspection Report, or even a Roof Inspector's Report... each example being information that should not be provided to the Listing Broker or the Seller. Watch for Annie's explanation of why this is important along with what you can provide.

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Today's Legal Hotline video reviews a question that Annie Fitzsimmons (WR's Legal Hotline Lawyer) receives on a daily basis... "Do I have to disclose" (from the Broker) or "Must Seller disclose that... ?" — typically regarding some sort of material information about the Seller's property, such as, being haunted, the location of a suicide, near a homeless camp, or near un-permitted construction work... Listen in as Annie explains how this situation could make you run afoul of your Agency Law duties (along with details of the Seller Disclosure Act).

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In this week's Legal Hotline, Annie Fitzsimmons, WR's Legal Hotline Lawyer, discusses Nanny Cams and Door Bell Cameras (that record audio and video) in and on the Seller's property and how that technology can have a risky impact, especially when conversations get recorded without knowledge/consent. Listen in as Annie explains what could happen in this scenario.

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