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#17694 - 12/13/06 07:15 PM Closing Question
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 751
Loc: Florida
I have a closing tomorrow, I am the listing agent & owner of the property. The closing was suppose to be for Friday but the buyers signed off today expecting me tomorrow but my office does not have the checks ready. What happens in this situation. I am new and this is my first closing. Please help, I am really upset.

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#17695 - 12/13/06 07:34 PM Re: Closing Question
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
Can't you ask your broker to cut the checks early?

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#17696 - 12/13/06 07:37 PM Re: Closing Question
fatmaxxv Offline
Veteran Member

Registered: 05/23/06
Posts: 724
Loc: Frisco, TX
I'm not sure what you mean by "your" office does not have the checks ready? What checks?

Were you talking about the buyer's agent real estate commission check?

Have your office send the CDA over to the Title company first thing in the morning, it can be done. No sweat.

I wish I could help more but you are not very clear on exactly what the "problem" is.
_________________________
Maxx is my Basset - Blog -ging is my new hobby
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Frisco-TX-Homes.com: Comprehensive Guide to Frisco TX Homes for Sale
Frisco, TX - Suburbs of the Dallas, TX metroplex
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#17697 - 12/13/06 08:04 PM Re: Closing Question
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 751
Loc: Florida
Yes, that is what I mean the buyers agent commission check. What is a CDA? I am sorry but I am new and learning as I go.

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#17698 - 12/14/06 05:54 AM Re: Closing Question
zpcsc Offline
Veteran Member

Registered: 08/29/05
Posts: 751
Loc: Florida
Thanks guys, I spoke to my office and I was confused. Everything has been taken care of. The only thing now is that my manager, after looking thru my contract did not make me aware of writing in the processing fee charge so the buyer would pay it. Now she says I have to pay it from my commission. She had reviewed all my paperwork because like I said this is my first and did not catch that. She even told me it was her mistake.Oh well I have learned a lot thru this process.

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#17699 - 12/14/06 05:56 AM Re: Closing Question
fatmaxxv Offline
Veteran Member

Registered: 05/23/06
Posts: 724
Loc: Frisco, TX
Great news.... congrats on almost getting over the hurdle. More to come in 2007!!!
_________________________
Maxx is my Basset - Blog -ging is my new hobby
Real Estate Broker
Frisco-TX-Homes.com: Comprehensive Guide to Frisco TX Homes for Sale
Frisco, TX - Suburbs of the Dallas, TX metroplex
**********
I make myself rich by making my wants few

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