NORES Task Force Seeks a different solution

07 May

The NORES Task Force met yesterday and have decided to not remove square footage. The 3 pronged strategy is to seek help from the OREC to add a disclaimer to the Sellers Disclosure and seek a legislative solution as quickly as possible by adding an amendment to an existing bill. In the meantime, square footage will still be provided. I would highly suggest that appraisal sources by used instead of courthouse records if possible. Often sellers will be able to get a copy of the builders plan or an appraisal. The risk is still very real so this is a scary situation.


Posted by on May 7, 2010 in Broker remarks, Real Estate


2 responses to “NORES Task Force Seeks a different solution

  1. Kathy Geyer

    May 7, 2010 at 2:17 pm

    Thank you for the update! I am so appreciative the cooler heads are looking for another
    solution instead of the knee-jerk reaction previously attempted. I hope the legislature will
    look at all items we might use a disclaimer for as well. Buyers have to be held
    responsible for that information which they can investigate on their own.
    LIkewise all parties must behave ethically with appropriate full disclosure.

  2. Rose Ann

    May 11, 2010 at 4:01 pm

    I am glad they decided to leave well enough alone. Most people would like to know approximately what their house is priced per square foot or if they are purchasing how much they are paying per square foot.

    Another thought crossed my mind not in regards to square footage but to our ears. Are we listening to our clients? Do we hear what they are saying? Are we to busy assuming what they want? Listening is an art, I did not always know that but I do now.

    Do not assume anything, let it be their choice, not ours.


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