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The Blame Game.....Do You Play It?

By
Services for Real Estate Pros with The PowerHouse Group 0467092

                                                                                                                                                                       I just had two closings, neither of which closed on time.      

On these particular closings, I followed up regularly with the agents and quickly got the feeling they simply placed the transactions on autopilot and assumed all would go as planned.  Understand that almost all my sellers choose to include a "time is of the essence" provision in their contract in an attempt to keep the buyers / buyer's agent on track.  I've never really believed that floating closing dates are a good way to do business....just my personal preference I suppose. 

But I'm always amazed when we get to the day of closing, and I realize by now that we won't make our closing date/time, and the agent says, "yeah, looks like there will be a delay for a day or two" in a nonchalant manner as if the time frames in the contract have no meaning.  I wonder if they would be as casual if I said, "yeah, we decided we need two grand more for the house?"  Of course the usual suspects get blamed, the title company, the lender, the neighbor down the street, etc.  But I'm more than certain that some of these delays could have been avoided if the agent had just followied up every few days with the lender, title company or neighbor down the street?  It's always worked for me  and I sure don't want to place my client in breach of a contract because I overlooked a time frame, especially a closing date.

I know I'm seeing more of this than I wish to and thought I'd see if this is becoming an issue in your area and how your clients are accepting it.

Ashley Berg
Realty Executives BRIO - Seattle, WA
Seattlenulls Green Real Estate Agent
You are right.  Agents need to follow up diligently and not take the back seat.  As we all know assumming things are getting done makes an a** out of u & me.  I try not to be that a**.  There are some things though that seem unavoidable and when they happen, the seller usually isn't happy about extending the closing date.  There never seems to be a great, sure, no problem.  More like a well, hmmmmmm, I guess..."but I would like more money." This has happened on two recent occasions. 
Mar 14, 2008 06:18 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor
This does tend to happen if certain things are unavoidable on the buyer's end...you never know what could happen...like a client may go aganst what you tell them and buy furniture at the last minute and jepordise their rating and loan for the home or a buyer may decide now it's time for me to go on vacation and oops i can't make it back in time...what happens happens...all of us Realtors have been in very difficult situations!
Mar 14, 2008 06:41 PM
Vincent McKamy
Samson Properties - Fredericksburg, VA
Realtor Fredericksburg Virginia
I have to say this is a tough issue - because you never know what the other agent is doing or not doing on the other side.  I love going to closings on time but I also know things happen - I just make sure that I am doing everything I can to get it there on time.  Good luck  
Mar 14, 2008 11:16 PM