Land Investing from the Road Week Six: Mechanics of Doing Business Remotely (LA 1878) - a podcast by Steven Butala & Jill DeWit

Transcript:Steven Jack Butala:Steve and Jill, here. Jill K DeWit:Hi. Steven Jack Butala:Oh, sorry. Jack and Jill here. Jill K DeWit:Thank you. Steven Jack Butala:Welcome to the Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala. Jill K DeWit:Thank you very much. Get to know your name. And I'm Jill DeWit, and we are broadcasting from the awesome Lone Star State. We're in Texas now. If you've been following us, you're bored. Steven Jack Butala:Today Jill and I talk about land investing from the road. Jill K DeWit:Yeah. Steven Jack Butala:This is week number six that we've been doing this on Monday. Jill K DeWit:Yep. Steven Jack Butala:This episode is called The Mechanics of Doing Business Remotely. For example, I wonder if my internet connection's going to work today. Jill K DeWit:Yeah, I wonder if I'm going to even care about working today. Steven Jack Butala:Yep. Jill K DeWit:Because there's stuff that's just more fun. Steven Jack Butala:Full blown, different mindset requires- Jill K DeWit:Yep. Steven Jack Butala:Different scheduling. Jill K DeWit:Okay. Wait, wait. Where were we last week when we were recorded? Were we in Arkansas? Steven Jack Butala:Yeah. Jill K DeWit:Okay. Steven Jack Butala:Yeah. Jill K DeWit:When we're recorded, where were we in Arkansas? Steven Jack Butala:I think so. Jill K DeWit:I don't know. Steven Jack Butala:That's another thing about [inaudible 00:01:05]. You just never know which state you're in, which time zone you're in. Jill K DeWit:Yeah. Steven Jack Butala:And... Jill K DeWit:I have to go back and look. I believe we were in Arkansas. We could have been in Nashville. I am not sure the last time I recorded, but either way. Last weekend we went from Arkansas, through Oklahoma, here to Texas where we have been for the last four days and having a ball. And I need to knock on something. Everywhere we go the weather's been great. There's no wood around here. Steven Jack Butala:Well, it wasn't great when it started, but remember that transformer blew up in the middle of the night in front of us? Jill K DeWit:Yeah, but we were safe. Steven Jack Butala:In Madison, Wisconsin. Sure. Jill K DeWit:We were safe. Steven Jack Butala:Just wasn't the best of weather. Jill K DeWit:Well, okay. For most part it's been good. We haven't had any snow. How's that? Steven Jack Butala:Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. Jill K DeWit:Greg wrote, Okay,"I have a very newbie question. I had a couple of parcels that weren't selling, so I put them back on the MLS and heck, I just got an offer on one of them. So now I have an offer from a realtor slash client, which I will gladly accept. But what is the process for this? Normally I would send signed PAs to my attorney to facilitate, but is this the agent's job now? Someone please lay out the roles and responsibilities for this type of transaction, so I don't have to call the agent and ask them." Steven Jack Butala:I can do it if you want. Jill K DeWit:Go for it. You want to go first? Steven Jack Butala:You got a couple of properties who, depending on how you bought them, either bought them by doing deeds yourself, which is a very old school way. Or you bought them through a real estate agent. I'm guessing you didn't because this process, Greg, is not familiar to you. So you probably bought them without title insurance. You just got them. You did what Jill talks about in chapter, I think six or seven in Land Academy 3.0. You went through that and you own the properties and now you got an offer on the MLS from a realtor or a realtor driven offer where the realtor's representing a client. I would absolutely contact the realtor and say,"Yes, send me the documents that you need me to sign."And let the realtor do their job. Nine times out of 10, they're not going to do their job right. So what I would actually do is find somebody in your life or on discord that c...

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