For new and seasoned agents, there is something to learn with each transaction. Going over the contract with your client line for line each time you write, will teach you the ins and outs of the legal document quicker than anything. You will be continually answering their questions, and most of the time, those answers can be found right on the printed page.
When receiving a contract for a seller or writing one for a buyer, I like to go through the entire offer line by line. I ask them to take the time to review the forty to fifty pages and make a list of questions. In our Maryland contract, the first ten pages, alone, have sixty bold paragraphs.
After review, we go through each page line by line. Sometimes it is quick, and sometimes it can take an hour or two, depending on the client's knowledge and in-depth questions. Make sure the person signing knows what they are putting their binding signature on. When a problem arises, we refer back to the contract.
How well do you know your contract?