Richards Law has carved out a specialty helping for sale by owners. Many people these days need a FSBO attorney who can represent them in the sales process and provide them with valuable insight. John Richards approach to FSBO maximizes your profit and minimizes any concerns that you may have.
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Flat Fee, No Commission
Richards Law charges a flat fee for real estate transactions. This enables you to have open dialogue with your attorney to address any of your concerns.
Having an attorney represent you alleviates the pitfalls of duel representation or having two agents from the same broker in the same transaction. Furthermore, agents are not allowed under California law to provide legal advice about the forms you are signing. The attorneys for the brokers represent the brokers, not you. Here, Richards Law truly represents your interest.
Take Advantage of Technology
In October 2017, William E. Brown 2017 President of National Association of Realtors (Realtor Magazine October 2017), stated, "As immediate access to online data now empowers consumers to do much of their own research and decision-making about almost every conceivable purchase, we must step up our game to ensure REALTORS remain the trusted authority." This means that buyers and sellers are empowered by technology to buy and sell their own home. Whereas the real estate agent's job is to market properties, technology largely does that for the consumer.
FSBO Can Be Faster
A recent study by Trulia determined that in certain markets, FSBO's sell faster. These were the California markets: Ventura FSBO, Anaheim FSBO, Los Angeles FSBO and San Francisco FSBO. When sellers use online resources like: ForSaleByOwner.com, Owners.com, FSBO.com, Realtor.com, Trulia.com, Zillow.com, Lawyersrealestate.com they can benefit.
How FSBO Works
John (J.R.) Richards will represent your interests to your transaction. Depending on your starting point, the attorney may draft a real estate purchase agreement for you after consulting with you carefully giving you full disclosure of your legal rights. Then the agreement will be offered to the buyer who then can execute or modify the agreement for submission to you. J.R. will then consult with you and either finalize the contract or help you formulate a counter-offer. Once that is completed, you have a binding contract to sell your property. There is so much more to it. But we charge merely a flat fee that you can pay up front or at the close of escrow. Also, we do transactions all over California and provide the personalized service for you in any county in the state.
When To FSBO
There are many scenarios were you could use the services of Richards Law to provide your transactional needs.
Thinking about selling your home.
Selling your home to a relative
You are a seller who's found a buyer
You are a buyer who found your dream house
Buyer and Seller found each other
Already have a contract but have questions
Divorce...granting to your former spouse
When it came to selling a small house we inherited in Pleasant Hill, we felt like we had an expert totally on our side in John Richards. As a lawyer, he had knowledge and experience in the areas of real estate and real estate law, but more importantly, he listened to what we wanted, and pointed out our choices based on what we wanted, every step of the way.
He worked for a low flat fee, payable when/if the house sold. In our case, there were no frills, like staging, facelift, and landscaping. This was perfect for our damaged-by-tenant property. He did his homework, which included assessing the market in the surrounding neighborhood, and the unique selling points of our property within that neighborhood. He handled minor issues like making sure all light fixtures had bulbs and that current smoke detectors were installed, per law. These little things took a big load off our minds.
We chose not to go with the very highest offer, as the second-highest was from a couple who intended to live in the house and fix it up rather than flip it. Still, the house sold for significantly more than the asking price, and closed escrow within a month of signing the contract with him.
We highly recommend his services.
- Lloyd Ferris. 1/20/2020
Thank, J.R.! John (J.R.) Richards represented us in dealing with a non-payment of rent tenant in Oakland area. We were happy to repossess our property in less than three months. J.R. had been very responsive since we retained him as our attorney and punctually delivered what he told us at the very beginning. J.R. charged very fairly and is a real professional, compassionate, approachable and practical person to work with. J.R. is the No.1 choice of landlords in need of legal assistance.