Contracts 101 – The Purchase and Sale Agreement

*”If it’s not in writing, it doesn’t exist.”* –Ellen Ticknor, Real Estate One Corporate Attorney.

It never ceases to amaze me the number of investors, REALTORS, and others in the investment world who do not understand the CRITICAL importance of contracts, addendums, and releases, nor do they take the time to learn, IN ADVANCE, what it is they are signing. Then, when the inevitable problems, misunderstandings, and confusion arise AFTER the fact, thats where everything unravels, and adversity grows.
As you know, I’m a strong advocate for A2REIC Members to be PROACTIVE in transactions, not REACTIVE, and there is no more important element in the transaction than the contract. It’s not only the SALES contract, but there are Agency Contracts, Disclosures, Addendums, Contingencies, etc. It’s always best for you to learn these SOONER rather than LATER, when, in the case of contracts, is often TOO late to learn.

During this fast paced session, I’ll walk you through a few standard contracts, common contingencies, misconceptions, and required documents created by attorneys that are necessary, but make no sense.
As always, you’ll get the opportunity to NETWORK, make new connections, and build your Inner Circle and Power Team. I hope you’ll join us!

**During this session, you will learn:**

* The Main Components of a Purchase and Sale Agreement
* Disclosures
* Contingencies and Dates
* Addendums
* Releases

And much more!

The Session is fast paced, information filled, and will leave you with an ACTION PLAN

**AGENDA**
9:00-9:50 – Laser Class
9:50-10:10 – Speed Networking
10:10 – 10:30 – Deal or No Deal
10:30 – Adjourn

**WHAT IS A LASER CLASS?**
A Laser Class is a fast paced, information filled 50 minute session, designed to give you an Overview of the topic, a quick, deep dive of the most important whats, whys, and hows, Resources for further study, and Action Steps to take TODAY! There is a lot of information, and Cheat Sheets are provided to help you remember what you learn.

**WHAT IS SPEED NETWORKING?**
Networking is Team Building, and you need to develop the discipline to communicate quickly and confidently. We TEACH you how to improve your Networking Skills while networking.

**WHAT IS DEAL OR NO DEAL?**
We’ll review the weekly Hotsheet of NEW Foreclosure and Multi Family listings NEW on the market, and select one of them for an “On the fly” LIVE analysis to determine whether or not it is a good opportunity or not, along with why or why not. It’s a great exercise to practice your analysis skills.

**ABOUT THE A2REIC**
The A2REIC was created in June of 2008 as a safe space for both novice and experienced investors to Learn, Network, and Do Deals. I would love to help you succeed and be part of your success journey. My mission is to connect you to the knowledge, resources, and people you need to become a success. A great by-product of your membership is that you get the opportunity to meet some great people you would not otherwise cross paths with, and these connections often turn into great friendships.

**ABOUT ME**
I am a REALTOR, Investor, Coach, and Encourager. My primary goal is to help you. My secondary goal is to be your Go To REALTOR, and be your Agent for the purchase and sale of properties. I believe we have crossed paths for a reason, and, no matter how well we know each other, I’d love you to consider me a friend. For more details on my experience and career, please connect with me on LinkedIn at: http://linkedin.com/in/bundesen
I’m also an experienced investor. I’ve held investments individually, in JV partnerships, and I’ve been involved in investing in Michigan, Illinois, Florida, and New Mexico. I’ve been involved in House hacking, condo conversions, single family and multi unit. As a REALTOR, I’ve been involved in close to 800 transactions in Michigan and Chicago

**MEMBERSHIP**
I have a ONE TIME Membership Fee of $200, which compensates me for my time, expertise, and management of the group. Consider it an investment in yourself and your education. For the Fee, you get access to all classes, and unlimited coaching and consultation.

**NEXT STEPS**
At A2REIC, you should always be moving forward. Big steps, small steps, it doesn’t matter. When you join us and create your Power Team and support system, you will not only succeed, but enjoy every step of the journey.
Please attend up to two events FREE, as my guest, to see if real estate investing and our group is a good fit for you. We have a ONE TIME Membership fee of $200/ individual or team. You may pay via VENMO, CashApp, PayPal, Zelle, Cash, or personal check. Please see Brian for particulars.
Please RSVP to get the access code, and we look forward to seeing you there!