Federa Buy/Sell Agreement
Whats a Federa Pre-Qualification letter?
At Federa, we are committed to creating a platform that provides a reliable source of information for both buyers and sellers. We understand that buying or selling a home is a significant life decision, and we want to make sure that all parties ...
How can I get added as the listing agent for an offer that we received?
The best option is to be added by someone who is already on the transaction. They can simply go to the transaction and add your profile under the 'Add People' section. How do you know who is currently added to the transaction? If the home is already ...
How can I contact the buyer's agent?
Buyer's agent contact information can be found at the bottom of the offer on the Federa dashboard. Note that an agent is not always assigned to a Federa DIY transaction. If the contact information for a buyer's agent is not visible, you may choose to ...
When does the offer expire?
The Federa Buy/Sell Agreement does not have an expiration date and is good until canceled, also known as "good 'til canceled." If the seller does not accept the offer, the buyer has the option to cancel the contract at any time. If canceled, the ...
How can I see the Federa Buy/Sell Agreement?
By logging into the Federa website or mobile app. Once logged in you can access your Offers page. You may also export the Federa Buy/Sell Agreement from your Offers page.
What type of inspections are the buyers requiring?
The old-fashioned way of including various contingencies in a real estate contract can be overwhelming and confusing for buyers, and often leads to missed deadlines or limited options. By consolidating all of the contingencies into a single "days to ...
Where is the buyers name?
The buyers name can be found in the first sentence of the Federa Buy/Sell Agreement. The buyers name can also be seen on the Federa dashboard under your Offers page.
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 ...
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.
Are the lead based paint acknowledgments in the Federa Buy/Sell Agreements?
Yes, section lead based paint is addressed in the Federa Buy/Sell Agreement.
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 ...