User20632_2_t Deborah Engel, San Diego Homes & Property
Find Homes for Sale in your city:
Members: 120,713 - 2,245 Online Now  Login
 

Sometimes how things are done doesn't really matter.  Other times there really is a correct way of doing things.  Why do so many people resist doing things correctly?

Laziness, uncaring, not realizing, not understanding....I don't know why.

escrow dinosaur

In my business, I frequently run across agents, transaction coordinators, escrow officers and others who want to take the "easy way" by not doing something correctly.  Today I spoke with an escrow officer who insisted that his escrow instructions were correct, even though there were two directly conflicting provisions in them.  I pointed them out to him and he explained that the information on the first page would "supersede" the information on the second page and the instructions didn't need to be amended. I said to him that nothing on the first page contains language that it supersedes the information on the second page, and that this could lead to a potential conflict.  He chuckled and said he could redo it "if you want."  What?  If I want?

Why is this standard generally acceptable? Why is it that he thinks it's MY problem? Why does he make me feel that I am being difficult because I want something to be clear and accurate and to avoid a potential issue? How many times have you been on the receiving end of wanting someone to do something correctly, only for the other person to think you're demanding and gossiping about how demanding you are. How many times do you ask for something to be done correctly, the other person blows it off saying it's "no big deal," and later it becomes a big deal? 

I am on the receiving end of this too many times.  I'm not talking about whether there is cheese on my hamburger; I'm talking about things like escrow instructions, bank balances, signing/initialing a contract, putting agreements in writing, etc.   

As a society we let so many things slide and either don't care or don't understand when something needs to be done correctly.  How many serious mistakes could be avoided if people cared about doing something correctly?  What about those people who point out an issue, only to be mocked or made to feel that they shouldn't have said anything in the first place?

 

 

 
This post has been included in California Information

4 Comments on Why is Doing it Right Doing it Wrong?

I see this more often than I like to admit as well.  You are 100% correct though.  If someting is not right and it has the possiblity of affecting my client, it will be made right before we proceed.  I've moved closings and switched title orders for problems like that in the past, and will do it again if I feel like my client is not getting the absolute best treatment.  Good for you for insisting its right.  That's why your clients value you.

07/03/2008 01:00 PM by Ray Nelson (Century 21 Battlefield)


Hi Debra,

 You are right and because  of the wrong doings, it is a battlefield out there.

07/03/2008 01:09 PM by Sharona Hannuka (Du Rite Realty, Co.)


Deborah,

As an Escrow Officer, you MUST demand an amendment, because you are 100% correct. Escrow is a neural 3rd party and the fiduciary parties are ONLY the buyer and seller.  Their mutual EXECUTED, written instruction is a contractual agreement of the item stated or being corrected.  There cannot be confliction of instructions, and your agency duty to protect your client by reviewing the escrow instructions and the CAR purchase agreement and joint escrow instructions, the preliminary title report, contingencies and conditions, termite, property disclosure reports, etc., as part of the buyer/seller contract.  I ALWAYS keep in mind, "In a Court of Law...." case; could everyone read and understand this binding mutual contract between parties.  I have had to correct escrow instructions sometimes 7-8 times, till BOTH parties are in agreement.  That is an Escrow Officer's JOB!!  It MUST be correct. Go to a supervisor or higher up to advise the slacker Escrow Officer you are using. Consult your Broker or Legal Counsel for clarification and demand an amendment. The real estate agents are part of the TEAM in a real estate transaction and I ALWAYS welcome their set of eyes on all documents, Est. HUD approval and reports for their clients PRIOR to close of escrow.  The responsibility, liability, and professionalism is lacking with your Escrow Officer.

Good Luck!  ~Monica Thomas

07/04/2008 11:03 AM by Monica


Ray-Thanks!  Sometimes I feel like I am battling everyone.  I don't like that because it shouldn't be that hard to make something right.  If I make a mistake and someone points it out, I'm so thankful that someone caught it.  I don't know why some people are so resistant to doing it right.

Sharona-It really is a battlefield because of these problems.  It shouldn't be.  There are enough "real" issues to focus on without these issues that shouldn't because problems.

Monica-Thanks for your perspective.  A little after I wrote this, the senior escrow officer called me to apologize for the junior escrow officer.  We had a talk about the importance of doing things correctly. She seemed to be on board.  Still, this kind of thing happens so often I get tired of it.

Deb

 

07/06/2008 12:39 AM by Deborah Engel, San Diego Homes & Property (Prudential California Realty)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Deborah Engel, San Diego Homes & Property (Prudential California Realty)
Deborah Engel, San Diego Homes & Property
San Diego, CA
More about me…
Prudential California Realty

Cell Phone: (858) 829-1989
Email Me
San Diego real estate discussion. MLS updates, property and market analysis. First time homebuyers, relocating homeowners, selling and buying homes.


Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find CA real estate agents and San Diego real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved