Does your Realtor practice good “deal hygiene?”

By that, I mean:

–They don’t discuss deal details in public areas (most likely, on their cell phone)

–They make sure that they don’t leave any sensitive contracts or addenda on office faxes, printers, or copiers.

–The only people they consult while a deal is in progress — other than their client — are (in order):  their office manager, their broker’s legal dept. (if necessary), and any relevant contractors (if necessary).

–They document all negotiations and other significant deal details with contemporaneous notes, which they subsequently archive for two years (I go through probably 3X more legal pads as a Realtor than I ever did as an attorney).

–they don’t divulge a home’s sale price until the home actually sells  (i.e., the deal closes).

Most of the foregoing is just good, common Realtor sense.

But, you’d be surprised how often it’s ignored.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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