What You Need to Know About the Seller’s Disclosure Statement

In today’s real estate world, it’s important to be as transparent as possible. You want to help your clients in every way and provide excellent customer service- being completely open about everything during the real estate process helps achieve both goals. One way to do this is to utilize the seller’s disclosure statement.

What is it?

While not mandatory in the state of Florida, all Dalton Wade agents are required to have their clients fill one out when listing a house. It’s just an easy precaution that can save much time, energy and money in the long run. Plus, it’s shouldn’t be a big deal if you’re doing your job correctly.

This document is a way of listing any material non-visible things that can affect the value of the house, it lets the buyer know if there are any issues with the house before they commit to a contract.  Be sure that your seller fills it out the best to their knowledge – on the flip side, if you’re working with a buyer, be sure they thoroughly read it and ask any questions. If you see any red flags, ask questions. It doesn’t hurt and can help protect your buyer.

 

Again, be as transparent as possible- on both sides. When working with a seller, encourage them to disclose as much information as possible so everyone knows what they’re working with. If you’re working with a buyer, be sure they understand everything in the disclosure so they can make an informed decision on whether or not to purchase the house. And remember, they’re not required in our state, but it can make your transaction (and your life) run much smoother.

 

At Dalton Wade we believe that today’s buyers and sellers need a trusted resource that can guide them through the complex world of real estate. With our extensive knowledge and commitment to providing only the best and most timely information to our clients and agents, we are your go-to source for real estate industry insight and advice. Contact us today to learn more!