In this video I talk about the way that buyers in the ordinary course of business (BOC) act. I show you what goes on during the negotiation of a purchase contract, as well as what happens when the closing documents are read.
This is an important topic because it’s the foundation of the transaction. It’s one of the fundamental elements that is built into any contract. It’s the way that you can establish what the parties’ rights and responsibilities are. We do this by talking about what you need to do in the negotiation of a contract. In this case, the buyer wants to purchase a house. It’s a good market. The seller wants to sell it for a good price.
The buyer has a good point. But we’re not talking about “good” here. Its a good market because the buyer has good taste. Its a good price because the seller has good taste. But it’s not a good contract if you don’t have the buyer’s taste. A good contract is one that’s easy to understand. And when you get the contract, its what you do. You sign it.
So what makes a good contract? You are always trying to make sure that the buyer knows what the seller wants. Its one of the easiest things to do. Its one of the easiest things to make the seller happy. But its not a good contract if you dont have the buyer understand what you want. Thats why the buyer should sign the contract.
The way we do buyer contracts is very simple, and it’s called “The “buyer in ordinary course of business.” This is very common if you go to the store for a new dress or new kitchen. You get to pick several colors, and the vendor will make you a couple of choices. Thats it.
The fact is, we are very used to contracts we sign that will be our undoing. We are very used to our agreements being in our favor. This is called a “buyer in ordinary course of business”, and the idea is simple. The reason is, if the seller does not understand what you want, the buyer has to sign a contract that says what you want.
This is usually a seller in ordinary course of business, and the seller believes that what you want is impossible, so they will sign a contract saying that you want a certain item that can’t be found. It is usually the seller’s belief that you want the item for a specific color, and you can’t have that item. But that’s not always the case.
This practice is very common in real estate transactions. For example, it is common for a buyer to sign a contract saying that they want a certain house. They then try to find the house by using a real estate agent to try to get the seller to sign a contract saying that they want a certain house. It is common, but it creates a little confusion when the seller has a house that they really want, but the buyer wants something else.
It’s a little different when one of the seller’s wants is buying a house that a buyer wants. In these situations, a buyer can get a “yes” from the seller, but then the seller might not think he wants the house. So the seller will be able to say, “yes, I want this house, but I want to sell it to you a few weeks later.” That is a different situation.