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Standard Paperwork

Documents and Blurred Business Men
Getting Representation
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Making an Offer 
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*Custom form, details will very between all transaction
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Realtor® Association

 

Consumer Research

 

Local 

 

State

 

Local Facebook Groups

ALASKA REAL ESTATE COMMISSION (AREC)

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AREC Consumer Disclosure

  • First form all clients must be provided with.

  • Required by law (AS 08.88.600 - 08.88.695).

  • This document is not a contract.

  • Provides you with an outline of the duties of a real estate licensee (licensee).

  • Explains different types of relationships between a consumer and a licensee.

  • Defines the relationship between you, as a consumer, and a licensee.

AREC Waiver of Right to Be Represented (WRTR)

  • Used when licensee will assist both a consumer buyer and seller 

  • Real estate licensees are required by law to provide this document, prior to providing specific assistance to the parties.

  • The licensee must obtain written approval from both consumers

  • Outlining the duties of a real estate licensee when acting in a neutral capacity.

AREC Disclosure
WRTR

Source:

https://www.commerce.alaska.gov/web/cbpl/ProfessionalLicensing/RealEstateCommission/ConsumerInformation

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  • States that Licensee shall represent either the Buyer or the Seller in the purchase of a real estate property.

  • Describes the Licensee and Buyer's/Seller's duties.

  • Explains what to do if Licensee represents the seller, or another buyer interested in the same property.

  • Goes over what Licensees are and are not permitted to advise buyers on.

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*Custom form, details will vary between all transaction

Representation Agreement

Representation
Making an Offer
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Purchase and Sale Agreement Form (P&SA)

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  • Used by a Licensee to present a Buyer’s offer to the Seller for consideration.

  • Describes terms and conditions of purchase

  • lays out dates and timeline.

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*Custom form, details will very between all transaction
P&SA
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Counter Offer Form​
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  • Used by Licensees for both Buyers and Sellers to counteroffer the original P&SA, until an agreement is reached, to enter in to contract or go their separate way​.

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*Custom form, details will very between all transaction
Counter
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  • Used to make changes to original P&SA after an agreement has been reached and considered under contract. 

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*Custom form, details will very between all transaction
Amendment/Addendum Form
Amend/Adden
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