The Seller Demand to Close Escrow
The Seller Demand to Close Escrow
For a fact, I know that I am not the only listing agent in Sacramento to
expect buyers and their agents to conform to the purchase contract, but
the reaction I sometimes receive astounds me. It’s as though the agents
cannot believe that we would ask the buyer to perform in accordance with
the contract and they don’t understand why we don’t just lay off the
requests for documents such as the Contingency Release.
It’s not like we enjoy asking for documents. We have a fiduciary
relationship to our sellers to do what is best for our sellers, and what is best
for our sellers is for all parties to adhere to the terms of the purchase
contract. Were not trying to be ogres or make unreasonable demands, but
you wouldn’t know it by the way some agents react.
Fortunately, we have a form by the California Association of Realtors for
agent use through ZipForms that allows a release of deposit, signed
unilaterally by the seller. You can read more in my timeless blog today
about The Seller Demand to Release Deposit Can Shake Up California
Escrows.
Call Weintraub & Wallace Realtors if you are looking for professional representation.
We can be reached at 916-233-6759 with RE/MAX Gold.