Episode 17: While he still sees mistakes with real estate contracts, Frank LLosa of Frankly Realty says getting it in writing is still preferable to "verbal back and forth" in real estate deals.
"Verbal doesn’t work — it’s not binding," he contends, plus there may be more of a "tendency to change things" if it isn’t agreed to in writing. LLosa also says he has "seen some really sloppy contract work" by agents. "I think I understand why some lawyers say that Realtors shouldn’t be filling out contracts themselves," he says.
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