Learning the forms...all 200+ of them
The last point to my business model triangle is learning the forms. Washington State has over 200 of them. That's a form for every scenario that you can think of and yes...I have to learn what all those scenario could be. This is why you hire a professional to buy or sell your home. This last week I was given the assignment to write a purchase and sales agreement from start to finish. So I set out to pick my practice property and begin writing it up for my fictional buyer. My dog, Cooper, was going to make an offer on a lovely 3 bedroom home in the neighborhood I grew up in. After reviewing the manual, I thought, "I've got this". HAHAHA, Man was I wrong! After sitting down with my managing broker, we went line by line through the purchase and sales agreement. I had the key components for making the offer, I named the parties involved, had a legal description of the property, had the purchase price but I was missing my fictional clien...