Selling a Website - The Process
Initial Seller meetings are conducted by the Seller's Broker (a professionally trained Business Broker, holding a Real Estate Agent license where necessary), and the Seller is educated on the process of selling a business.
A Representation Agreement is filled out by the Seller's Broker & signed by the Seller. Immediately after signing the representation Agreement, the Seller provides the Broker the following:
Complete lists of all equipment and other assets to be included or excluded in the sale;
Profit and loss statements, balance sheets, and tax returns of the Business covering the last three years;
The most recent interim profit and loss statement, balance sheet, and sales tax returns;
Real and personal property leases;
Copies of all patents, licensees, loan documents, contracts or agreements;
All agreements relating to employee benefits;
Any environmental reports; and
Copies of all other documents needed to present a fair and accurate description of the Business to prospective buyers.
During the representation period, seller will provide monthly updates of each such document during the period of this agreement where any material change has occurred. Seller consents to Broker publishing, advertising or distributing information about the Business to prospective purchasers and to cooperating brokers, and contacting landlords and any others regarding any of the information about the Business.
Seller's Broker writes a narrative on the Business; the Representation Agreement is entered into the Sunbelt proprietary database, and a Business Profile is created. Seller's Broker introduces the Business to all of our other brokers during weekly office meetings.
All other brokers match the Seller's Business Data (SBD) against Buyers in their respective queues (Buyers who have previously been interviewed, signed a Confidentiality Agreement and filled out a detailed Buyer's Profile); Seller's Broker plans an advertising strategy; and the SBD is added to web sites in such a manner so the general public cannot identify the business.
Buyers in queue and Buyers who have responded from the advertisements will have their backgrounds and finances evaluated to see if they are qualified Buyers. If qualified Buyers are interested, they will be shown a Business Profile. If further interest is shown, the Seller's Broker will arrange a meeting with the Seller.
If a Buyer wants to make an offer at a fair price, the Buyer's Brokerwill write the offer and secure a deposit.
The Seller's Broker will present all offers to the Seller.
The State of Missouri requires professionals to obtain a license before providing services to the public, in many careers. Misconceptions hold that issuance of licenses is just something that is needed in order to charge money for services. Licenses are issued however, because the public puts their trust in professionals who are more knowledgeable than they are. Many people today want to avoid the hassles and risks associated with the transfer of land, so they put their trust in licensed real estate professionals. The Missouri Broker Disclosure Form (MBDF) is a document used by the Missouri State Real Estate Commission that attempts to provide the public, knowledgeable information, about agency relationships (the fiduciary relationship between buyers/sellers and agents). It also holds real estate agents and brokers somewhat accountable to the public in representing them in their best interest; all real estate agents are required to present and explain this form to buyers and sellers. It seems in today’s society that greed, corruption, and self-interest has spread like an infectious disease and we live in a world where it is risky to put our trust in other people. The government tries to respond to that corruption by putting into place more regulations and laws to keep people honest. In summary, the Missouri Broker Disclosure Form is a document designed to help the public make an informed choice about the agency type, of the people that they are putting trust in, and the fiduciary commitments due to them.
Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They
This annotated bibliography is on the topic of whether transracial adoption is healthy for the child being adopted. I’m researching this topic so I have an understanding if adopting a different race child will have negative or positive effects.
There are many advantages to year round schooling. The two major advantages for year round schooling is the elimination or reduction in learning loss during summer breaks and improvement of student achievement. Winter, also stated other advantages such as attendance in school, reduction in drop out rate, student attitudes, and teacher attitudes. Less absenteeism by both teachers and students.The students attitudes were more positive to school and learni...
Broker: a person or company who acts as a medium of bringing together two parties in a transaction.
"Summer school? Should schools be in session year-round?" Know Your World Extra 18 Apr. 2008. General OneFile. Web. 1 Apr. 2014.
Interracial adoption means placing a child who is of one race or ethnic group with adoptive parents of another race or ethnic group. In the United States these terms usually refer to the placement of children of color with white adoptive parents. Interracial adoption in America are seen less as a taboo today, but as out of the norm.. Even though “the U.S. Adopts more children... domestically, than the rest of the world combined.”[ Adam Pertman, Adoption Nation (Boston, Mass.: Harvard Common Press, 2011).] It is also prevalent to mention that White Americans serve overwhelmingly as the adopting race and also exercise the most control in the adoption process.[ David Ray Papke, 'Transracial Adoption In The United States: The Reflection And Reinforcement Of Racial Hierarchy ', SSRN Journal (2013).] Their white privilege continues into
The analysis explored in this document is implementing a program UNIT for parents adopting a different race from their own. Adopting outside of a race is a life altering decision because of regulating mechanisms that condition people to accept or reject individuals based on their appearances. There are not any programs that guide transracial adoptions after they occur. Society as a whole has its own prejudices. The adoptive parents should know about their children’s cultural backgrounds. Society is not very conscience of prejudging it is just something that is a part of life. This is unfortunately one more issue dealt with by adopted children.
Real estate transactions can be complex, making it difficult to navigate without legal assistance. A real estate attorney can walk a home buyer or seller through the legal process for the transfer of ownership of property. The fees for real estate lawyers can be a set price, like $800, or a rate per hour spent on the deal, depending on the area. Real estate attorneys are overseers of the legal work involved in buying or selling property. They are very beneficial in ensuring the interests and rights of the client are preserved. Moreover, a buyer's attorney checks the sales contract, or the legal document committing the buyer to purchase the home, to make sure the buyer is protected. The attorney checks the title, or chain of ownership to the property, for any problems or liabilities, such as liens. All mortgage loan documents and legal papers for the purchase are verified and filed by the attorney. A seller's attorney will check the sales contract to protect the seller and address any title issues that arise, arrange for any final payoffs for existing loans and prepare the necessary documents to transfer ownership of the property. More importantly, real estate attorneys can protect a buyer or seller from financial loss. A sales contract that does not have a clause allowing termination for a failed inspection can cost a buyer hundreds of dollars to cancel if the home is found to have a major problem, such as mold. Loan
In present day, now that racism prejudice and segregation is something that children learn about in history books, there is a new issue surrounding adoption. It is now considered controversial when a couple of one race wishes to adopt a child of another race. Transracial adoption is a topic that must be confronted and dealt with so that all children in need of a permanent home can get the best family possible.
Sinclair, R* (2008). All my relations: Native Tran racial adoption : a critical case study of cultural identity. Ottawa: Canadian Archives.
Buyer will get legal advice, review contract, arrange pre-purchase property inspections, and start getting load before signing.
The first step to buying your home is assessing your financial situation. A person must evaluate how much exactly they can afford and borrow. Most people hire a real estate agent to find a home. A real estate agent can help in finding different homes that suit the person’s needs. At the Department of Housing and Urban Development’s website, “You'll want to start searching for a broker as soon as you decide to buy a home. Talk to several and find someone you think you'll be comfortable working closely with”(1) Having a wide range of options is always helpful. An agent can also help in negotiating the price, and showing what the potential buyer needs after finding a home. A buyer might also need the services of a lawyer, a loan officer, insurance agents, and an accountant. In all purchasing your own home is a daunting task if you plan on doing it alone.
It has been observed that most constitutional monarchies have a parliamentary system in which the monarch may have ceremonial duties or reserve powers according to the constitution. In the United Kingdom, the rights and duties of the head of state are established by conventions. These are non-statutory rules which are just as binding as formal constitutional rules. The monarch’s reserve powers include the power to grant pardons, bestow honours, appoint and dismiss a prime minister, refusal to dissolve parliament, and refusal or delay royal assent to legislation. Strict constitutional conventions govern the usage of reserve powers. If these powers are used in contravention of tradition, it will generally provoke a constitutional crisis.
As compensation they charge a fee for this agreement. Agent and Brokers also differ from a merchant wholesaler because they do not own goods and services that they buy and sell. Agents works closely with buyers and sellers with more lasting businesses (Kotler & Keller, 2012). An example of an agent with this representation is a real estate agent who enters into a contract to sell a house or business to a consumer. The relationship exists until the need is met and at this point the agent collects a pre-determined