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Showing posts with the label Georgia Real Estate

Mid-Year Contract Changes

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Beginning August 1, new changes to the GAR Purchase and Sale Agreement will go into effect. Changes are as follows:  On the Purchase and Sale Agreement (F20), changes were made to modify language on section B7 regarding the disbursement of earnest money reflecting changes stating that the disbursement of an earnest money check constitutes liquidated damages in the even that the transaction fails to close due to default by the Buyer. This means the Seller waives any right to assert a claim for a specific performance. Language referencing the Seller's rejection of the disbursement of the earnest money check has also been removed, and the Rights of Buyer or Seller have been broken into two sections titled "Remedies of Seller" and "Remedies of Buyer". These same changes were made to the Purchase and Sale Agreement forms for purchases on New Construction (F23), Lots (F27), Land (F34), and Leased Properties (F36). In the event that a transaction falls thr...

Going Green in your Home

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We all know going green is good for the environment, and it's important to help conserve resources to help out planet Earth. You've heard of reduce, reuse, recycle, and you know you should use paper instead of plastic, and turn the water off while you're brushing your teeth. But what can your home be doing to be more green? If you have the capability to install solar panels on your roof and live "off-the-grid," that's great, but it's probably not an option for everyone. However, there are still a few small changes you can make to ensure that your house is the most environmentally friendly it can be. Quick Fixes To start saving on your energy bill, consider switching your light bulbs to be more energy efficient. There are a wide variety of energy saving bulbs available, but you should concentrate on finding bulbs that are either LED, halogen incandescent, or compact fluorescent lamps. These bulbs save between 20 to 80 percent more energy and last...

Real Estate Organizations - A Network of Opportunity

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As a real estate agent, it is important to focus on your community. Knowing the ins and outs of the neighborhoods, schools, and businesses is crucial to helping your client find the perfect home. But it's also important to remember to build your own community. After all, selling real estate is hard work, and you don't want to be all out on your own! Thankfully, there are a number of wonderful organizations for realtors that can provide services and a strong network for agents. National Association of Realtors -    Established in 1908,   the National Association of Realtors is "The Voice for Real Estate" and represents over 1.2 million members. Brokers, salespeople, property managers and others involved in the real estate industry abide by the association's Code of Ethics in order to obtain the REALTOR membership mark. Members benefit from discounts on business and services such as insurance, electronics, and travel costs, and the association provi...