Standard Forms
Agreement of Sale expected to ship March 1
Electronic vendors have started to post the e-forms and all vendors are expected to have the new form online by March 1. The previous ASR is still acceptable to use for transactions. »
6 Comments »Orders being taken for new Agreement of Sale forms
The new PAR Standard Agreement for the Sale of Real Estate (ASR) is set for release in mid-to-late January. Print forms are now available for preorder and the electronic version will be available from the electronic form vendors around January 15. »
1 Comment »New Agreement of Sale reflects changes to inspections, mediation
The revised form was recently approved by the PA Association of REALTORS®’s Standard Forms Oversight Committee and will require final changes prior to its publication. »
6 Comments »Are you chicken?
A recent article suggests that buyer agents are "too chicken" to aggressively qualify prospective buyers and weed out the ones who aren't motivated and/or qualified to buy. What PAR form can help determine if you want to work with a buyer? »
No Comments »RELRA amendments mean two key changes
For the past several years, PAR has been working to amend the Real Estate Licensing and Registration Act (RELRA) in two key areas. In early July we helped to pass what is now Act 14 of 2009, which takes effect on September 4, 2009. »
No Comments »Straighten up and tax right
Ever wonder why your school district property tax has a different billing cycle than your county property tax? It's more interesting than you may think. »
No Comments »Keepin’ it legal
Get a link to the 2009 NAR Legal Scan, along with a list of PAR resources that will help keep you from being a statistic in the 2011 Legal Scan. »
No Comments »‘Delay of game’ for Consumer Notice implementation
For about six months, PAR has been telling you that the deadline to begin using the new Consumer Notice mandated by the State Real Estate Commission was June 13. We’ve been telling you in the Pennsylvania REALTOR®, this blog, the E-REALTOR® News, on Facebook, in a podcast, in person…you get the idea. The revised... »
No Comments »Saturday deadline for new Consumer Notice!
The agency types have been moved to the beginning of the form and are now in a paragraph format to improve the readability of the form. A space to fill in the license number has been added to clearly identify the licensee. There has been no change to the Oral Consumer Notice or the... »
No Comments »Managing the 2009 Bidding Wars
Lately we have been seeing bidding wars for real estate. Some have fetched more than 25 percent over the asking price. »
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