Category: Dear Forms Committee

Q: I have a question about OREF 001 – Residential Real Estate Sale Agreement, specifically the offer expiration section, or Offer Deadline. I’m not sure I fully understand how the expiration date in the buyer’s original offer affects the timing of any later counteroffers. Why don’t the counteroffer forms include a separate “counteroffer

Q:  I’m working with a buyer who is looking to purchase a larger home for himself and his family. He has only bought a couple of homes in the past, so while he’s somewhat familiar with real estate transactions, he still has many questions. I’m wondering which advisories from the OREF library would be most helpful

Q: I’m working with a buyer who is paying cash for the property, and they chose to include the appraisal contingency in Section 6 of the OREF 001 – Residential Real Estate Sale Agreement. Even though the appraisal was ordered very shortly after acceptance, the appraiser has said they won’t be

Q: I have a signed listing agreement, but marketing is set to begin only after professional photos are completed. The property is in such poor condition that photos can’t be taken. I plan to meet with the seller to terminate the listing, but I’m unsure

Q: My seller has accepted an offer that includes OREF 083 – Buyer's Contingent Right to Purchase Addendum. Today, the seller received another offer without a sale contingency that my seller would very much like to accept. What are the next steps? A: Under Section

Q: Why does Section 4 of OREF 083 – Buyer’s Contingent Right to Purchase Addendum say that the buyer can’t waive the contingency for their property sale?  Is it supposed to say that the seller can’t waive the buyer’s contingency? A: Section 4 of OREF

Q: On a long-standing listing, my seller wants to make an offer directly to an interested buyer, including special terms and personal property. Is there an OREF form for a seller-initiated offer? A: OREF does not have a form for sellers’ offers. This is because

Q: I just finished creating a branded team disclosure for my team to comply with HB 3137. I recently learned that OREF has published OREF 014 - Real Estate Team Disclosure. Do I have to use the OREF form instead of the branded one I

Q: A seller I am representing just accepted an offer on their property. I’m looking for a form to comply with Section 22 Smart Home Features. Why can’t I find a form listing all of the smart home features so the seller can indicate which

Q: A buyer I’m working with is considering making an offer on a property that includes solar panels on the roof. I’m not familiar with solar panel systems. How should I guide my buyer? A: For buyers, it’s important to look beyond the panels on