Have you ever gone to a closing, expecting to see a seasoned real estate attorney and end up with a settlement technician, who has maybe been around for a month or so? What happens when things go south at the table over unresolved contract or repair issues? Yes, we Realtors have a duty to help facilitate and clear matters up before reaching the table, but sometimes the parties don’t reach an agreement beforehand. Then what? I had a very difficult situation come up and, the settlement technician was basically rendered comatose and speechless. The attorney who was responsible for managing the staff and closings was out of the office. The best she could do was to excuse herself until the parties either reached an agreement or didn’t settle.
I understand there was a bottom line we would eventually get to, but a seasoned full-time real estate attorney would have assisted in facilitating and keeping the settlement process moving forward - possibly separating the parties and helping to explore avenues to resolve the differences. Sometimes you just don’t reach an agreement and, someone has to make a decision to close or not. Once in awhile you run across an experienced settlement technician who satisfactorily closes an un-contested transaction, but if I am made aware ahead of time we will have a technician instead of an attorney, I always request the attorney. Your thoughts? Agree, disagree?
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