Real-Deal-New-Agent-Series-Blog

The Real Deal Part 3: Writing the Deal – Contracts

by Ask the ExpertEducationResources

We are excited to introduce our new series for new real estate agents called The Real Deal. You are not going to want to miss this information-packed series. The 3rd class in this series is Writing the Deal – Contracts. Scott Rooker, Residential Counsel with Republic Title, will be teaching this class and will be covering the Contracts and Addenda you’ll need to submit each time you write an offer . You are not going to want to miss this!

The Real Deal New Agent Class Series is a special group of classes specifically designed for agents who have been licensed less than one year, who are just starting out and building their businesses from the ground up. We will dive into five of the most important areas that new agents need to know about to help you establish your business and be a better REALTOR® to your clients.

To register for The Real Deal series visit our website: https://www.republictitle.com/residential-education/

Real-Deal-New-Agent-Series-Blog

The Real Deal Part 2: Making the Deal with Lenders

by Ask the ExpertEducationResources

We are excited to introduce our new series for new real estate agents called The Real Deal. You are not going to want to miss this information-packed series. The second class is all about Making the deal with Lenders. Shaun Neidigh will be teaching you all about Buyers and pre-qualifications, Loan Estimates, The mortgage process, And the Closing Disclosure,

The Real Deal New Agent Class Series is a special group of classes specifically designed for agents who have been licensed less than one year, who are just starting out and building their businesses from the ground up. We will dive into five of the most important areas that new agents need to know about to help you establish your business and be a better REALTOR® to your clients.

To register for The Real Deal series visit our website: https://www.republictitle.com/residential-education/

Real-Deal-New-Agent-Series-Blog

The Real Deal: A Class Series for New Real Estate Agents is Back!

by Ask the ExpertEducationReal Estate ArticlesResourcesTechnologyVideo

We are so excited to be bringing back our series for new real estate agents called The Real Deal! You are not going to want to miss this information-packed series. The Real Deal new agent class series is a special group of classes specifically designed for agents who have been licensed less than one year, who are just starting out and building their businesses from the ground up. We will dive into five of the most important areas that new agents need to know about to help you establish your business and be a better REALTOR® to your clients.

Register now at republictitle.com/residential-education

This five part class series includes:

Mastering The Deal With Your MLS Subscription – In this class you will learn MLS basics including understanding the dashboard, the vital tools available to grow your business and tips to better help your clients.
Date & Time: Tuesday, August 17th @ 10:00 am on ZOOM
Instructor: Annette Carvalho-Jordan, VP/Technology Trainer for Republic Title

Making The Deal With Lenders – Dive in to the basics of lending such as pre-qualifications, loan estimates, the mortgage process and the Closing Disclosure (CD).
Date & Time: Tuesday, August 24th @ 10:00 am on ZOOM
Instructor: Shaun Neidigh, VP/Business Development at Republic Title

Writing The Deal – Contracts – We’ll cover the Contracts and Addenda you’ll need to submit each time you write an offer along with an overview of the digital tools you’ll need to write and send them.
Date & Time: Tuesday, August 31st @ 10:00 am on ZOOM
Instructors: Scott Rooker, VP/Residential Counsel for Republic Title

Winning More & More Deals – This class will cover lead generation, winning listing appointments, prospect and client follow-up and more.
Date & Time: Tuesday, September 7th @ 10:00 am on ZOOM
Instructor: Shaun Neidigh, VP/Business Development at Republic Title

Closing The Deal, The Title Process – The big day is here! In this class you will learn about the entire title process including title insurance, the title commitment and what to expect at closing.
Date & Time: Tuesday, September 14th @ 10:00 am on ZOOM
Instructor: Janet Allen, Sr. VP/Business Development at Republic Title

Register now at republictitle.com/residential-education

Real-Deal-New-Agent-Series-Blog

The Real Deal Part 1 – Mastering the Deal with your MLS Subscription

by Ask the ExpertEducationResources

We are excited to introduce our new series for new real estate agents called The Real Deal. You are not going to want to miss this information-packed series. The first class is all about mastering the deal using your MLS subscription. Annette Carvalho-Jordan will be teaching you all the ins and outs of MLS including understanding the dashboard, the vital tools available to grow your business, and tips to better help your clients,

The Real Deal New Agent Class Series is a special group of classes specifically designed for agents who have been licensed less than one year, who are just starting out and building their businesses from the ground up. We will dive into five of the most important areas that new agents need to know about to help you establish your business and be a better REALTOR® to your clients.

To register for The Real Deal series visit our website: https://www.republictitle.com/residential-education/

Fair Housing Awareness

Fair Housing Awareness in a Strong Sellers Market

by Ask the ExpertReal Estate ArticlesResourcesVideo
Next up is the third and final video in our series on navigating a strong seller’s market where we discuss those buyer “love letters” that sometimes accompany contracts in a multiple offer situation.
 
Key takeaways:
– They can bring legal trouble to the seller
– Selling agents should let buying agents know that they will not accept them
– There are similar implications that sellers need to be aware of in regards to home surveillance systems in the home that are recording during showings
 
For the first and second videos in this series and other informative real estate and title videos, visit our YouTube page at youtube.com/republictitle
 
For more information or to get in contact with your Business Development Representative at Republic Title visit: https://www.republictitle.com/residen​​… To download our top resources to boost your business visit: https://www.republictitle.com/residen​​… SUBSCRIBE to the Republic Title YouTube channel: https://www.youtube.com/c/republictit​​…
Get-to-know-our-calculators-blog

Get To Know Our Calculators

by ResourcesTechnologyTitle Information

Republic Title is proud to offer a host of new buyer and seller estimate tools on our Republic Title Mobile app and website. Calculators include:

  • Title Quote – calculates title rates and fees
  • Loan Estimate Quote – shows the costs associated with closing on your mortgage as well as over the lifetime of the loan
  • Seller Net Sheet – itemizes the fees and expenses in your transaction, to give you a pretty accurate estimate of what you’ll net in the sale
  • Sell to Net – shows a seller the sales price needed to meet a specific net proceed goal when they sell their house
  • Seller’s Multiple Offers – allows a seller to compare multiple offers from different buyers side by side
  • Buyer Estimate – shows the buyer their all in amount due at closing plus their all in monthly payment
  • Monthly Affordability – shows buyer what their total purchasing power is based on their budget
  • Rent vs Buy – shows buyer the difference in monthly costs when comparing renting vs buying

Our new calculators can be found by downloading our new app, Republic Title Mobile, in the Apple App Store or in the Google Play Store. For a website version of the new calculators, visit republictitle.titlecapture.com  

Terminations-and-Defaults

Key Points About Terminations and Defaults

by Ask the ExpertResourcesTitle Information

A default occurs when a party to the contract doesn’t do something that they have agreed to do under the contract.  Examples can include not providing an existing survey, not depositing the earnest money or option fee, or not coming to closing on the closing date.  A termination occurs when one party notifies the other party that they are terminating the contract due to a default or some other reason. This video with Republic Title’s Janet Allen and Scott Rooker covers the following key points to know about Terminations and Defaults:

  • What is the difference between a default and a termination?
  • Once the title company has receive a termination from one side, can they release the earnest money?
  • What happens after a party makes a demand for the earnest money?
  • What happens if there is a dispute?
Contract Forms Update

Notice of Important TREC Contract Updates

by EducationReal Estate ArticlesResourcesVideo

New TREC contract changes become mandatory April 1st.

We sat down with Charles Kramer, Co-Chair of the Texas Real Estate Commission (TREC) Broker-Lawyer Committee, to discuss the changes and what you need to know for your business.

Contract changes include:

  • Residential Lease and Addendum
  • Fixture Leases and Addendum
  • New Option Fee Procedures
  • New Smart Home Provisions
  • HOA Addendum Changes

Key changes to the new option fee procedures include:

  • Buyer can now write one combined earnest money and option feed check or two separate checks.
  • Checks must be made payable to the title company.
  • There is a 3 day deadline for option fee and earnest fee.
  • The option fee will be automatically credited at closing. If the seller would like the option fee right away, they must let the title company know.

To learn more about the changes and see the updated forms, visit the TREC website.

For the redlined version of the contract changes, where you can see what has been changed, click here.

t-47intro

T-47 Affidavit Best Practices

by Ask the ExpertReal Estate ArticlesResourcesTitle Information

The T-47 affidavit is a document used in Texas residential real estate transactions that accompanies an existing survey. This video with Republic Title’s Janet Allen and Scott Rooker covers the following key points when a T-47 affidavit is provided:

i.  Date of survey in paragraph 4

ii.  Construction projects on adjoining properties predating title

iii.  When to obtain a new survey