Real Estate Rant: Why “No Remedy” Clauses Are Fake | Episode 84

By /

Podcast: Play in new window | Download (Duration: 34:26 — 31.5MB) | Embed

Subscribe or Follow Apple Podcasts | Spotify | Amazon Music | Pandora | iHeartRadio | Blubrry | JioSaavn | Podchaser | Podcast Index | Deezer | RSS | More

Most home sellers get excited when they see “no remedy” or “inspections for knowledge only” because it seems to get rid of one major hurdle on the way to closing… We hate to be the bearers of bad news, but this often isn’t the case.

After 3,000 closings, we can confidently tell you that the majority of the time buyers will try to renegotiate after an inspection no matter what they said during the offer phase.

You may be asking yourself:

  • How can they get away with that?
  • What is the point of these clauses then?
  • Is there any way to get an offer that isn’t open to ANY remedy/repairs?

Glen & Taysia answer all those questions and more in this episode.

PLUS: Get geal life examples of simple walkthroughs turning into renegotiations, advice to limit buyer access to the home after going under contract, and strategies (like presale inspections, clear marketing, and specific contract language) that limit renegotiation during closing.

If you’re thinking about listing or you’ve been selling on your own and have questions, book a free no-obligation call where we can discuss your selling goals and how to reach them.

Key Moments:

  • 01:06 DIY MLS Only Explained
  • 03:17 The Three Critical Stages Of A Sale
  • 04:25 Getting The Best Initial Deal
  • 07:43 Offer Checklist To Use
  • 12:02 Inspection Trap Begins
  • 14:11 Psychology Of Negotiation: Fear And Leverage
  • 17:58 Buyer Discount Games
  • 19:45 Need To Know: Material vs Cosmetic Issues
  • 23:35 How To Keep Your Cool (Emotions Are Expensive)
  • 24:24 The Buyer-Appraisal Ambush
  • 27:45 Low Appraisal Playbook
  • 28:50 Creating Leverage That Saves Your Bottom Line
  • 32:38 Free Resources & How We Can Help You

Key Resources:

Contact Information:

Reset password

Enter your email address and we will send you a link to change your password.

Create a seller account

Manage your listings, profile and more

Phone

Buyers will use it to contact you.

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy

Create a seller account

Manage your listings, profile and more

Sign up with email
Powered by Estatik
Scroll to Top