112.8K
Downloads
339
Episodes
Real Estate Fight Club is a podcast for realtors, hosted by Jenn Murtland from Team Synergi Real Estate and Monica Weakley from My Coach Monica. Tune in to hear two different viewpoints about topics agents face every single day! Jenn’s direct, ‘no holds barred’ approach is in opposition to Monica’s softer, 'more relationship-based' approach, and when the two get together… it is a battle for the ages! No matter who you align with, you will walk away with solutions for today's real estate challenges from experienced real estate professionals.
Episodes
Monday Aug 31, 2020
Episode 49: Should You Disclose If a Murder Happened in a Home?
Monday Aug 31, 2020
Monday Aug 31, 2020
In Episode 49 of the Toe-2-Toe Podcast, hosts Jenn Murtland and Monica Weakley debate the ethical obligation realtors have to disclose to buyers if a home they’re looking at has had a murder, suicide, death or other disturbing incident happen there. Listen to Monica’s reasons why you should, Jenn’s reasons why she’s hesitant to make a definitive statement, and find out where the tie-breaker falls on the issue!
Episode Highlights:
- Do you need to disclose a murder/suicide/meth lab/etc, that happened in a property?
- Each state has legal guidelines about this, but Jenn and Monica are referring not to legal obligations but ethical ones.
- Jenn’s initial response is that information is generally not applicable to the sale.
- She doesn’t believe it’s unethical to not disclose.
- Jenn also believes that she doesn’t need to disclose because most of the time if a murder or suicide happened recently, chances are a neighbor will be outside during showings offering that information for you.
- Monica believes disclosing this information is important context about the history of the house.
- If you disclose, and the buyers care about it, they won’t buy it; if you disclose and they don’t care, then it won’t matter.
- Monica makes the distinction between unusual and disturbing situations like murder/suicide, and a natural death occurring in the home.
- Monica also would disclose a meth lab because of the toxicity, and it’s along the same lines as disclosing lead-based paint.
- Jenn and Monica discuss what they would do if a murder didn’t necessarily occur in the home but a convicted murderer or other criminal lived there.
- Ultimately, Monica believes anything that might be important to the buyer should be disclosed.
- Tie-breaker Maryann Ries comes on and uses the golden rule as her benchmark: “Would I want someone to disclose this to me?”
- Particularly if something affects the value of the house, like a murder, it should definitely be disclosed to buyers.
- Another question to ask is how long ago the incident happened—the longer ago, the less likely it is to affect the value.
3 Key Points:
- Some buyers won’t care about the history of the home.
- The context of the event that happened is important. For example: was it a long time ago? Did it involve someone who lived in the home but the event didn’t happen there?
- Consider whether it’s something you would want disclosed to you as a home buyer.
Resources Mentioned:
- Jenn Murtland (website, LinkedIn, Facebook)
- Monica Weakley (website, LinkedIn, Facebook)
- Toe 2 Toe Podcast Facebook Page
- Maryann Ries (website)