The Wisconsin Offer to Purchase

I’m not a lawyer but I know lawyers and I know of a Wisconsin Real Estate Lawyer with a blog. James N. Graham is the lawyer, and while I don’t know him I like what he presented on the “As-Is” sales.  Last night I read the  Court of Appeals of Wisconsin Published Opinion James gave a link to. Yup. I read it just before lights out.  If you wonder how a court might interpret failure to disclose provisions of the Offer, you’ll get some insight from Attorney Graham’s work.

The WRA created a fantastic resource for licensees and the public. See the Explanation of  the State of Wisconsin Residential Offer To Purchase.

While I don’t want to discourage you from getting your law degree, staying up on the real estate law can be done by finding legitimate expert lay person’s explanations. These are two worth looking into.

Author: Tom Meyer, Owner-Broker, Essential Real Estate, LLC Madison, WI

The real estate transaction, disclosure, and confidentiality are the business of a Wisconsin licensee. It's in the transaction where the skill of the licensee, and their commitment to the law where the public is protected or placed at risk. What you see REALTORS do to brand themselves and their firms, promote their service, advertise, and process paper do not require a license. I believe negotiations to create and honor a real estate purchase agreement is where the agent has the greatest value in a transaction. Paying professional fee rates for the administrative services is a choice consumers deserve. Old business model driven commission rates are taxing the home equity of American home sellers. Essential Real Estate was created to put more money in the hands of the consumer by eliminating expenses for the firm and charging a fair price for the real real estate service.

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