In this episode, Cheryl and John discuss:
- How skipping diligence leaves all sides open for harm
- Giving a buyer an opportunity to discover any issues
- Helping consumers make informed decisions
- Marketing your property accurately
Key Takeaways:
- Skipping due diligence leaves all sides open for harm. Theres a possibility for sellers and brokers to be liable for misrepresentation while a buyer may encounter problems too late and will suffer for it.
- Better to give the buyer an opportunity to discover any issues about the property and still want to continue rather than ran through the transaction as quickly as possible and discover problems later on.
- Never let a consumer sign a contract without making sure that they understand exactly what they are signing. The best way to give value to a client is to educate them throughout the whole process
- Market your property accurately and make sure that every area is viable and purchase-worthy.
“We put diligences in there for a reason… for them to discover any issues about the property.” — John Gillam
Connect with John Gillam:
LinkedIn: https://www.linkedin.com/in/john-gillam-1b597515/
Get in Touch with Cheryl:
Website: www.cherylknows.com
YouTube: https://www.youtube.com/channel/UCwvWKXBC6fKn1dLGY11hxIg
Facebook: https://www.facebook.com/dynamiteproductionsinc
LinkedIn: https://www.linkedin.com/in/cherylknowlton/
Show notes by Podcastologist: Justine Talla
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
