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Using Email for Real Estate Transactions & Reduced Liability

By James Kimmons, About.com

We're all more mobile than ever before, with better wireless technology for communications. Learn here how to use email to provide better service for your clients, reduce your liability, document your activities and deliveries, and just plain keep yourself on track.

1. Emotion and Tone - Important Considerations in Negotiations

A misunderstanding of the true intent of an email statement can result in calamity in a real estate negotiation or transaction. Learn how to minimize the chances by developing a knowledge of your client, not only personally, but in their writing as well.

2. Immediacy and Connection - Positive Aspects of Email in Real Estate

It's not just about speed, though email certainly provides that. It's about connecting with transaction participants no matter where they are, and at all hours of the day. Getting the information to and from these stake holders is important, and email can make it happen in a more efficient manner.

3. Documenting What's Happened & Creating Verification Files is Critical

What happened when? Can you prove it? When did you notify a transaction participant of a developmnt? When was a document delivered? These questions and more can all be very efficiently answered with email for the real estate transaction.

4. The Government Can Require Email Disclosure in Pre-Trial Discovery

Since just about every real estate transaction is related to a federally guaranteed loan, all aspects of the transaction are subject to eventual subsequent examination in a federal court. When it happens, the government can and will require you turn over all related emails.
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