What does NOT happen after an escrow has closed.

By
Real Estate Broker/Owner CA#01772851 HI#RB21268

Real estate agents know that when an escrow closes, the client/agent relationship ends. Yes, it does, just check with your Errors and Omissions insurance agent.

Obviously, we agents don't stop talking to our "past" clients once the transaction is closed. You know, we might send them a gift, invite them to lunch, or do something nice for them as a "thank you".

BUT WHAT ABOUT THE AGENTS "ON THE OTHER SIDE"?

WHAT IF THEY ASK FOR STUFF? LET ME GIVE YOU AN EXAMPLE.

I just closed on a multi-unit investment property. The agent who will be managing it - from the same agency that is the selling side - called and asked if I minded if she used my photos to look for renters. I thought that was brazen but I couldn't find fault with them starting their search early. And I wasn't inclined to have them take their own photos before it closed. It was kind of a fine line.  But I said "yes."

Today, the day of closing, that same agent who will manage the units, called me again and asked for leases and other information on the tenant that came with with (survived) the closing.

Here's the skinny:

The transaction has closed, the buyer and selling agent have gotten all the information they are EVER going to get from me and my seller. If they needed any other information to make the transaction CLOSE, they should have asked me and my seller before.

BUT TO HELP HER WITH HER post closing MANAGEMENT DUTIES?

 

NO.

 

 

Posted by

Hella Rothwell at Carmel Beach during Concours WeekCarmel-by-the-Sea Beach and Pebble Beach Golf Course California

Buying or selling oceanfront, oceanview, commercial or any type of property in Carmel-by-the-Sea, Pebble Beach, Pacific Grove, Carmel Valley and Big Sur?

Call me and let's meet at beautiful Carmel Beach, in my Carmel-by-the-Sea office on Dolores between 5th & 6th, or in any of the wonderful restaurants, coffee bars, or wine tasting rooms that this city-in-the-forest is known for.

Or let's meet over the phone if you are out of the area.

Listing your property? Call me first and let's establish its value and what it will take to get it ready for sale to get the highest sales price. 

Buying a home? If you are from out of the area, I will preview property on your behalf.  Please call me to discuss how I can help you attain your real estate needs. 

As an independent real estate broker licensed in California and Hawaii, I can represent you with residential real estate, commercial properties & investment opportunities.

For more information

www.HellaRothwell.com & www.RothwellRealty.com

& www.HellaHawaii.com

Member: National Association of REALTORS, California Association of REALTORS, Hawaii Association of REALTORS, Del Norte Association of REALTORS, Honolulu Board of REALTORS. Also MLS Listings in California.

 ________________________________________________________________

Hella Mitschke Rothwell (R)

Real Estate Broker/Owner/Realtor®
Licensed in California #01772851 & Hawaii #RB-21268

Tel. 831-626-4000 

Fax 1-877-822-9332

ROTHWELL REALTY INC.: Su Vecino Court, Lincoln & Dolores between 5th & 6th, Carmel-by-the-Sea, CA 93921

 

MAILING: P.O. Box 4554, Carmel-by-the-Sea, CA 93921

 
Email: HellaRothwell@gmail.com


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Disclaimer: Hella Rothwell does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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Rainmaker
2,258,298
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I have other agents that will pull my chain some time and want this and that after the close.  How far is to far.

 

Sep 27, 2017 04:36 PM #1
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Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hella

That was nice of your to help out with the photos, when you really didn't have to! The next request was definitely going too far, for a number of reasons!

Jeff

Sep 27, 2017 05:36 PM #2
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Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Good call! There is a fine line between helping other agents and doing free work for them! 

Sep 27, 2017 05:59 PM #3
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hella, I’m not an agent but what you did certainly makes sense to me. It would seem that providing forms and documents could put you in an awkward position.

Sep 27, 2017 06:43 PM #4
Rainmaker
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

If the buyer would have called I would have continued to be gracious... but when the agent is too lazy I agree time to cut the cord...Endre

Sep 27, 2017 11:06 PM #5
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Anna Banana Kruchten,CRS,CRB,GRI
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Lazy agent who clearly isn't on top of this job and/or a newer agent that doesn't have somebody mentoring and teaching him/her.  You made the right call. Nice of you to let her use your photos.....

Sep 28, 2017 04:53 PM #6
Rainmaker
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Holy Sh$t, Hella, they didn't ask for a tenant estoppel during escrow nor copies of the leases? What kind of buyer's agent was that? How did she verify transfers of deposits or did she even ask for it? LOL.

Oct 02, 2017 02:57 PM #7
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Some agents want it all and want us to do all their work. I am glad to help but do not want to be taken advanatage of.

Oct 03, 2017 07:26 PM #8
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Hella M. Rothwell, Broker/Realtor®

Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea
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