Are Federa Offer Contracts state approved?
It's important to note that neither the Federa Buy/Sell Agreement nor the assumed NAR contracts are state-approved. In fact, states typically do not provide contracts. However, the Federa Buy/Sell Agreement is a private contract that has been carefully crafted to streamline the buying and selling process while reducing litigation risks, whereas the assumed NAR contracts are often outdated and prone to litigation risks and harm to clients.
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Why is the brokers name, brokerage and number not included in the Federa Buy/Sell Agreement?
The brokerage name is referenced in the agreement. We do not always include the agent or broker's name, as they may change and can be found on the Federa app. This also ensures that any contact information changes are up-to-date.
Signatures
Where is the buyer's signature? Great question! In regards to the buyer's signature, Federa Buy/Sell agreements are considered legally binding whether or not they are signed. However, we highly recommend that buyers sign at the time of submitting an ...