AboutTodd C. Menard Expertise National Association of Realtors Code of Ethics and Professional Standards
* Contract Questions: 05/05 Arizona Real Estate Purchase Contract, Exclusive Buyer Broker Contracts, Listing Contracts and associated contract documentation as it relates to boilerplate, covenants, contingencies, procedures and procedures.
* ARMLS Arizona Regional Multiple Listing questions
* Real Estate Professional Standards and Practices, Ethics, Obligations, Duties
* Agency relationships in Arizona, Procurring Cause
* Questions typicaly arising during the listing period
* Questions typically arising during the escrow period
* Questions about working with a real estate agent v. REALTOR
* Questions Related to New Home Builders
Experience Real Estate experience (17 years),
Designated Broker (1995-present),
President of Professional Real Estate Partners (2005-present),
President of American Institute of Professional Standards and Practices
Certified Negotiation Expert (CNE),
Master of Real Estate Society (MRE),
AZ Real Estate Instructor (13 years)
AZ Dept. of Real Estate Continuing Education Instructor,
AZ Assoc. of REALTORS Professional Standards Committee,
AZ Assoc. of REALTORS Board of Directors (2008-09),
AAR Certified Ethics and Professional Standards Instructor,
AAR Forms Committee 2005 - Residential Purchase Contract 2005,
Southeast Valley Regional Assoc. of REALTORS (SEVRAR) Board of Directors (2008-2009),
SEVRAR Grievance Committee Chairperson (1998-2007),
SEVRAR Continuing Education Instructor (2003-present),
SEVRAR Education Committee (2007-present),
AZ Dept. of Real Estate Commissioner's Statute Review Committee (2007)
Organizations National Association of REALTORS,
Arizona Association of REALTORS,
Southeast Valley Regional Association of REALTORS (SEVRAR),
Phoenix Association of REALTORS,
Scottsdale Association of REALTORS,
Maricopa/Glendale Association of REALTORS,
Arizona Regional Multiple Listing System (ARMLS),
American Notary Association
Publications "Real Estate in 2008"- Lifebushido Publishing (Contributory Author), SEVRAR Magazine,
Internet Crusade, RealTown ListServe, Blogger.com, Active Rain
Education/Credentials - AAR Certified Ethics and Professional Standards Instructor, Graduate REALTOR Institute (1993), Certified Negotiation Expert (CNE), Over 100 Hours of annual real estate continuing education, Annual Ethics and Professional Standards Development Workshops as required by the ational Association of REALTORS, Approx. 72 hours of NAR Code of Ethics training annually, Numerous IDW, Seminars and Train the Trainer programs, Business Management Degree - 1981
Awards and Honors Platinum Production Award - Keller Williams Realty Int'l (2001),
Double Platinum Production Award - Keller Williams Realty Int'l (2002),
Top Recruiter Award - Keller Williams Realty Int'l, SW Region (2002),
Who's Who in U.S. Executive (1983),
Who's Who in U.S. Real Estate Professionals (2007)
Expert: Todd C. Menard Date: 7/10/2008 Subject: buying repo home
Question The home that I plan on purchasing is only $35,000 is it necessary to find an agent? Do I have to take out a loan if I already have the down payment, and the monthly charges aren't high?
Answer Hello Jada - Please excuse the delay in my reply as I was out of the office this weekend. You do not need to obtain a loan if you have the money to pay cash in the bank, or the money is liquid enough to close within the time frame agreed with the seller. It is not required to use the services of an agent no matter what the price. The 'value' of a professional REALTOR is not found in access to the MLS or the legal forms written by industry attorneys, but rather the actual advice provided by such an individual who possesses the experience. This advice should protect you against those situations with regard to the property integrity and condition, relationships with affiliated services that can assist with appliance/fixture inspections or discovering possible latent defects, title issues, tax liabilities, land easements that could prevent you from using the property as you might have intended, planning and zoning considerations, finance options, surrounding area issues... rodents and pests, fissures, water, stigmatisms, crime, health, etc. Obviously, I am a proponent of using a 'REALTOR' not just a any real estate licensee. Sometimes when we think there is no need... it's so inexpensive, etc thats when we find out later we missed something. Thats when a potential great investment ended up being a money pit. I am involved in many investment transactions both personally, and as a buyer/seller representative, and my clients tell me that they were glad I convinced them to seek counsel as there are always underlying factors to take into considerations prior to agreeing to the final deal. - I hope this helped. - Todd
