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JEROME GERAGHTY

GLO specializes in Real Estate and Business Law, including Real Estate Transactions, Buying and Selling a Home, Real Estate Investment and Landlord Issues; Business Formation and Development; and Contractor Issues and Mechanics’ Liens

 

Selling a Home with an Agent: The Role of an Attorney

Are you planning to sell your home? Have you signed a listing agreement with a real estate agent? Whether you’re navigating your first sale or you’re an experienced seller, having an attorney involved in the process can add a crucial layer of protection and expertise.

Why Consider an Attorney When Selling Your Home?

While real estate agents provide invaluable support by marketing your property, negotiating offers, and managing the sales process, they are not legal professionals. In Colorado, agents are limited to completing standardized state-approved forms published by the Colorado Real Estate Commission (CREC). They are not permitted to draft contracts or provide legal advice, as doing so would constitute the unauthorized practice of law.

  • CREC Forms: The Contract to Buy and Sell Real Estate, a commonly used document, prominently advises buyers and sellers to “consult legal and tax or other counsel before signing” to fully understand the implications of the agreement.

  • Legal Expertise: Real estate transactions can involve complex legal issues, such as title disputes, seller disclosures, and contract contingencies. Only an attorney can provide the legal advice necessary to address these concerns.

How GLO Can Help

GLO offers tailored services to home sellers, ensuring that your transaction is smooth, legally sound, and free from surprises.

Pre-Offer Guidance

  • Reviewing Offers: GLO reviews offers before acceptance to identify errors, inconsistencies, or unfavorable terms.

  • Liability Minimization: We assess the contract for potential liability risks, advising you on ways to protect your interests.

  • Contractual Clarity: We ensure that all terms are clear, consistent, and enforceable, giving you confidence before you sign.

Post-Offer Legal Support

  • Established Attorney-Client Relationship: By consulting with GLO early in the process, you have reliable legal representation should disputes or additional legal questions arise during the transaction.

  • Smooth Transfer Assistance: We guide you through legal complexities, including title issues, closing document review, and post-sale obligations.

Why Legal Advice Matters

Even when using standardized contracts, there are “important legal consequences” tied to selling a home. Real estate agents bring expertise in pricing, marketing, and negotiation, but they are not equipped to address legal nuances. By consulting with an attorney, you gain:

  • Legal Oversight: A professional to review terms and ensure compliance with Colorado law.

  • Risk Mitigation: Advice on reducing exposure to potential claims or liabilities.

  • Peace of Mind: Confidence that your transaction is handled correctly from a legal perspective.

Work with GLO

Selling your home is one of the most significant financial decisions you’ll make. Let GLO help you navigate the process with confidence. We’ll review your offers, advise you on potential risks, and ensure your rights are protected throughout the transaction.

Contact GLO today to learn how our expertise can make your home sale seamless and secure.

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