I'm Popular!
If adjusting for inflation, this movie has sold the most tickets and has the biggest box office gross of all time.
What is "Gone With The Wind". (1939)
When a party wants to change the terms of an accepted offer to purchase, the party would propose this document to the other party. If the party accepts the proposed document, then the contract is changed based upon the language of the document used. If, for some reason, the party does not accept the proposed document, the offer stands as is with the existing terms.
What is a WB-40 Amendment to the Offer to Purchase.
This agreement allows the listing firm to pay the co-broker firm.
What is a Compensation Agreement.
The Owner's Policy insure's this party?
Who is the Buyer, Incoming Owner (typically paid for by the Seller).
"Progress over ______", is a phrased used to adjust mindset.
What is Perfection.
This new trend of building a new structure that is large enough to house a living area and an attached utilitarian space such as a workshop, warehouse or multi-car garage for a work-play lifestyle. The term is formed from the "style/look", and condominium for the large divided space.
What is "Barndominium".
This document is used to notify another party about some contract provision where the other party does not need to agree. For example, a buyer whose offer included an inspection contingency would use this document to deliver a notice of defects in response to a home inspection report that revealed defects.
What is a WB-41 Notice Relating to the Offer to Purchase.
This April and every April, REALTORS® recognize & commemorate the passage of this 1968 landmark legislation, which honors the principle that in the United States of America, no one should be denied housing because of who they are.
What is the "Fair Housing Act".
How long does Title Insurance coverage last?
What is: (Your owner's insurance policy) lasts as long as you own your property.
We control the __________.
They (our clients) control the ___________.
What is "Process" and "Decisions". - Ninja Selling
This type of architectual style can be a simple one-room cabins or grand waterfront mansions. Built using traditional construction comprised of stacked logs with interlocking joints that are held together with chinking, a type of flexible mortar.
What is "Log Home".
This document can be understood as a new offer that is being issued by a party who has previously received an unacceptable offer. The legal effect of writing and delivering such a document is the same as the rejection of the previous offer and the presentation of a new offer to the party who had submitted the previous offer.
What is a WB-44 Counter Offer.
These are the 5 negotiation points of every real estate contract.
1. Price
2. Terms
3. Dates – closing and possession
4. Inclusions and exclusions
5. Contingencies
Does an Owner's Policy insure against forgery?
Yes, it does insure that all ownership interest has been properly conveyed throughout the chain of title
It's a great day to get a __________.
What is a Listing. - Tyler Jedwabny
An American actor, from Green Bay, WI and is best known for his role as the character Detective Adrian Monk.
Who is Tony Shalub.
Even though it is only one page, this form packs a big punch of power. Without a this document, it is not clear whether both parties agree that the offer is null and void.
What is WB-45 Cancellation Agreement and Mutual Release
These are the 5 points of Value to articulate to your sellers.
Staging
Pricing
Marketing
Negotiating
Transaction Management
Does an Open Permit mentioned on the City Letter affect Title Insurance?
No, but is typically smart to wrap/close these appropriately with the municipality
“You miss 100% of the _____ you don’t take.”
What is "shots". - Wayne Gretzky
The draft is coming to Green Bay in April 2025, everyone can attend the draft at no charge using this app.
What is the app "One Pass".
Use to change the terms of the buyer agency agreement after the buyer agency agreement has been accepted. Don't forget to ask your manager to sign as well!
What is a WB-47 Amendment to the Buyer Agency Agreement.
The disposition of a U.S. real property interest by a foreign person . This is essentially a prepayment of anticipated tax due on the gain of the sale of a U.S. real property interest.
FIRPTA or Foreign Investment Real Property Tax Act
It provides insurance coverage between the commitment date and the policy effective date, which oftentimes can be a several-day gap between the two.
What is a GAP Endorsement.
You can't always get what you want
But if you try sometimes, well, you might find
You get what you ____.
What is "need".
1969, Rolling Stones "You Can't Always Get What You Want"