sacramento agentSome agents don't go to closings with their clients, but I always try to attend. I believe it's important to be at the signing with my clients because they might have questions, and because I like to show my support. To me, it's part of my job. After all, if I've helped my clients get that far in the escrow process, why would I flake out at the time of signing when they may still need my services?

If the escrow company, which the seller's agent has chosen (services are supposed to be negotiated between the seller and buyer, but we all know that many listing agents seize that power), is located more than 20 minutes away from downtown Sacramento, I often ask the escrow officer to send the documents to a local office. It saves both my clients and me precious time.

I attended a closing yesterday that was handled by an escrow officer from another county. I had asked her last week to send the documents to a Sacramento branch office, which she had received back from one of the out-of-state buyers on Monday. She called me to say she wasn't sure if the address I had for the title company was correct because that office had just moved. She promised to verify the address and let me know. Well, she never called back.

So I called the title company myself to verify the address. I thought it was strange that the escrow officer did not overnight the docs to title but instead brought them herself to Sacramento. But I figured if she forgot to call me back, she might have forgotten to put the docs into an overnight service, so she had no choice but to personally deliver the docs.

She started the signing process by telling the buyer that a particular document did not apply to his situation; he wasn't required to sign it, so she didn't need to explain it. Then she went on to explain it. For 10 minutes. The buyer began to shift in his chair. So, I cut to the chase and summed up the explanation in one brief sentence.

Then she pulled out a form designating ways to hold title and noted that the buyer's mother had chosen community property. She began to explain the meaning of community property. In the interest of time, I interrupted her. "Isn't community property available only to married people?"

The escrow officer replied, "No, I don't believe so." See, there are valid reasons why it's important to attend a real estate closing with a client. If your Sacramento real estate agent isn't present at your closing, you might want to ask why not.

sacramento short sale agent

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Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout Sacramento. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. DRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available through bookstores everywhere and at Amazon.com.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.

 

 
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15 Comments on Good Reasons for Sacramento Agents to Attend Real Estate Closings

OCT
28
287,642 Points 4 Featured Posts Outside Blog

I cant imagine not going to either my seller or my buyers closing. My job isn't done until escrow is settled. Its settled at closing.

9:06am • #1

I can understand not attending a closing in an unforeseen emergency situation- but certainly not as a matter of practice! The Realtor should definitely attend the closing. I appreciate when the lender is at the table as well. Glad to hear you were there to clarify things to your client.

9:10am • #2

Yikes! Sounds like a scary closing that could have gone horribly wrong without your being there.

The worst escrow officer I have watched was one who was chosen by the builder at their own title company. She overexplained some things and skipped others, alarming my buyers. Throughout the process, she was breezy and nonchalant, snapping her chewing gum while my clients signed their life away.

I sure am glad I went to that closing.

Cheers,

Robin

9:26am • #3
212,251 Points 4 Featured Posts Outside Blog

I rarely ever miss a closing.  I can only think of 1 actually.  And it was over 4 years ago and it was the day my chldren were in a car accident on the way to school.  I called the listing agent who was attending and asked him to explain after leaving my buyer a brief v/m.  It's important to go, and I hate when I don't see documents before closing.

9:36am • #4

Great post Elizabeth!  Personally, I have never missed a closing - ever.  Now, that could change with my next closing should an emergency arise, but if I'm breathing, I'll be there.  There are way too many things that can go wrong at the table and months of work can go down the drain. 

11:25am • #5
400,243 Points 9 Featured Posts Localism Sponsor Outside Blog

Elizabeth:  I attend all my closings too.  It never hurts to have a second set of ears and eyes at the table. 

11:32am • #6
166,789 Points 10 Featured Posts Localism Sponsor

Elizabeth, I want to be at every closing.  When my sellers moved to another state before closing, and the title company sent out a signing service, I was a little hesitant - not knowing if things would be explained correctly or not.  They did call me twice during their "signing" to clarify certain items.  I was happy they called and happy I could help them, even though they were over 1000 miles away.

1:46pm • #7
100,686 Points 4 Featured Posts

Laws vary in every state. Here in North Carolina Attorney's do the closings, and I attend every one.  When we sold property twice in California an Escrow company handled it, made several mistakes,never explained one paper to us, and refused to return calls. AND, they charged us about 3 times what an attorney here in North Carolina charges. Also, our realtor was never present, we were just supposed to go and pick up the check. 

I like the personal touch of having the attorney and the agents all present.

6:46pm • #8
252,339 Points 5 Featured Posts

Elizabeth - I have never understood why some agents choose to not attend closings. . .In the back of my mind it seems they are slacking off just as they are approaching the finishing line.  I can recall at least 4 times had I not been present, something would have slid by that would have not been beneficial to my client.  It would be like having an attorney represent you in court throughout a trial, but when it came to closing arguments have them step out for a Latte instead. 

7:06pm • #9
397,626 Points 1 Featured Post Localism Sponsor Outside Blog

I have always believed if we are to be paid for our service then we need to finish the job at the closing.

10:00pm • #10
OCT
29
Outside Blog

Elizabeth:  You know I would jump in on this one.  Having sat in the escrow officer desk - I was actually amazed at how many agents did NOT attend the signings.   As you know, it is the one critical moment that summarizes everything we do as agents.  It's the big Kahuna to the buyer's and having our presence at that table means much more to our clients that some agents realize.  

1:59am • #11
386,691 Points 28 Featured Posts Localism Sponsor Outside Blog

I haven't seen anybody chime in to explain why they don't attend closings, and I know there are a lot of agents who don't go. Every so often I have a conflict in my schedule that prevents me from being in two places at the same time, but my clients always know they can call or text me with questions.  And it's a good idea to get an advance copy of that closing statement, too. Except for my preferred escrow officer, others generally miss important line items.

sacramento short sale agent

9:23am • #12
1 Featured Post Outside Blog

Elizabeth -

Wow.  What a closer!

I'd have to be sick or injured to miss a closing. 

All escrow officers should routinely send an advance copy of the closing statement - to both agents.  Most of them know it saves them hassles, too.

11:34am • #13
OCT
31

I agree!  The one and only time I didn't go to a closing, was because I was ill, this happened along time ago--but that client never forgot that I wasn't there for the most important day of his life....and they made it very clear that they would never use me again, even after I explained that I was too ill to attend......throughout the whole transaction from the first day I met them.....I bended over backwards to accommodate them, yet for the closing I wasn't able to make it becauseI was too ill!  Now if I can't make it to the closing, I pay another agent to go!

1:57am • #14
NOV
01
163,436 Points 6 Featured Posts Outside Blog Hit Router

I agree, we always try to attend closings. Many times we don't need to do much but occasionally a question comes up and we can help get it resolved. It also provides closure for your clients that you have been working with so closely.

7:36am • #15

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Elizabeth Weintraub, Sacramento Short Sale Agent, 916.233.6759, Lyon RE

Sacramento, CA

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Lyon Real Estate

Address: 2801 J Street, Sacramento, CA, 95816

Office Phone: (916) 233-6759

Cell Phone: (916) 233-6759

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Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Columnist at About.com. Sacramento short sale agent.

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