This Week From CVAR:
Register for CVAR free Aug. 19, 2020 session coming up this month with a Glide trainer here.
Free Glide Webinars:
Get the most from the Glide member benefit by attending a free webinar that covers everything you need to know to make the disclosures process easier for you and your clients. Register Here
GLIDE Launched 3 Features:
Glide has launched three new Premium Seller Disclosure features for all agents in July. Collaborating with risk management professionals, the company says it has identified the most common questions that cause post-sale litigation on the Transfer Disclosure Statement and the Seller Property Questionnaire, and will share expert tips and guidance to reduce the risk for sellers. A few introductory resources below:
Watch PSD Video – This short video explains how it works and provides visual examples of the new tools built-in to protect you and your sellers.
Included with Glide Pro – If the listing agent is a Glide Pro user, these features will automatically be added to every transaction.
GLIDE TECH TIP –
What is a Text Overflow Addendum and how does Glide help my sellers with it?
Sellers struggle to fit a detailed repair disclosure in three cramped lines. How can a great agent help?
One thing that is often cited as a deterrent to sellers providing comprehensive disclosures is the limited space provided for sellers to provide explanations – it’s hard to give a full description of all repair done to a roof in three cramped lines, for example. And, if you do want to add an additional page of information, it’s pretty complex to create the right references.
Here’s how Glide helps!
When sellers need to provide a disclosure about a specific item, they just type as much as they want in the box on that screen. The box will adjust so they are able to see all of their text.
Then, when final forms are generated, Glide automatically populates a text overflow addendum with all the right references and indexing – with no effort on the part of the agent or seller.
Reducing the logistical challenges of providing comprehensive disclosures is just one way Glide makes it easy for home sellers – and their agents – to protect themselves from legal action.
What Happens When a Home Seller Needs to Revise a Response?
Sometimes sellers make mistakes or discover new information about their home. When a Home Seller wants to revise a response, they:
Locate the original email invitation and click “Get Started” or log into Glide
Choose the property and form that needs to be edited
Review answers by clicking into the relevant section of the form, selecting “Preview .PDF” to view all responses, or searching for keywords in the search bar on the left hand side of the screen
Modify any answer by clicking into that question and revising the response, then click “Continue”
Once all revisions have been made, click “Save and Continue”
Then, when prompted, click “Resubmit Forms” so the agent receives notification that changes have been made
Learn how sellers can edit forms by visiting the Glide Help Center
Glide has partnered with CRES Insurance Services to offer home sellers a Disclosure Protection Plan to protect against defense and damages should the seller get sued after the sale of their home. Learn about the importance of a Disclosure Protection Plan
Save 50% on your E&O Deductible! If you’re using RealCare California’s E&O Policy, you can reduce your deductible by up to $5,000 just by using Glide’s industry-leading disclosure package preparation technology. Learn more about Glide and register for your free account.
Life would be perfect if every home seller was super tech savvy and could get their Glide invitation and fill it out completely independently. However, we know that’s not always the case. Some home sellers need a more hands-on approach, and some agents still prefer to sit down with a seller to walk them through filling out disclosures. Get the best of both worlds: Glide’s step-by-step disclosure preparation guide and a hands-on personal experience with your customers by using Glide’s in-person mode.
Here’s what you need to know:
When you set up the transaction on the Request Disclosure Forms screen, choose “In-person” under Location. You’ll want to be in the room with the seller, ready to do the forms walk-through when you set up the transaction.
Provide the home seller’s mobile number when prompted on the next screen.
The home seller will receive a text message code to authenticate to Glide in-person mode; this authentication provides an audit trail proving that the seller was in-person with you when the forms were filled out.
That’s it, you’re now ready to walk through the forms with your seller, getting both Glide’s intuitive online experience and a personal touch.
Have more questions about what Glide can do for you? Join our Glide For Experts webinar where you’ll learn about even more advanced features. Register Here