An innovative real estate program designed to make the home selling process more comprehensible and safer for seniors was unveiled today by Right Home at the California Association of Realtors convention in San Diego. ; A privately-owned real estate services corporation licensed and serving California, Right Home re-invented the traditional real estate brokerage model by its exclusive use of salaried real estate agents, providing the strongest consumer protections in the industry.
In the Right Home Senior Plan, salaried real estate agents are required to submit any legally binding document or contractual agreement to a real estate attorney of the senior’s choice, for review, consultation and approval before the client signs them. ; Right Home will provide the senior client (62 years and older) with a list of independent real estate attorneys who understand the plan and have agreed to be paid by the company.
The attorney’s role is advisory and provides an outside expert with whom the senior may review all materials during the home selling process, from comparative market analysis to escrow documents, and the method of transfer from proceeds of the sale. ; To ensure that the client has full access to his/her counselor, Right Home offers transportation services to the attorney’s office, if needed. ; Professional services are not limited to just legal consultation, but also include accounting, investment and estate planning.
« In this aggressive real estate market, we are pleased to offer an alternative program for seniors which is not commission-driven but focuses on providing clients with as much information and reliable professional advice as possible to help them make educated decisions, » stated Michael T. Wells, Esq., chairman of Right Home and a senior himself.
Independent attorneys are selected to be on Right Home’s list based on their experience in real estate and their knowledge of and familiarity with the real estate forms prepared by the California Association of Realtors. Attorneys do not pay to be on the list, and Right Home clients will never represent more than 29 percent of their business, in order to maintain attorney independence. ; Senior clients are under no obligation to use this service, and are free to select any attorney of their choice. ; If this occurs, Right Home will pay the attorney up to a certain amount, and the seller will be responsible for any amounts in excess.
Right Home, a comprehensive real estate corporation established in 1998, is located in Glendale, California and provides real estate brokerage services, mortgage financing and escrow services all under one roof. ; The privately owned company is licensed in California and conducts business primarily in the San Fernando Valley to the San Gabriel Valley with more than 20 full-time employees. ; The company is managed by Paul Yalnezian, founder and president of Right Home. ; For more information, contact Right Home at righthome.com or (818) 240-7840.
SOURCE Right Home
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