Time Is Of The Essence

I agree with you about time of the essence, Margaret.  Complying within the time period, or even earlier is common courtesy.

Common courtesy is so simple, yet so absent in my day today.  I was going round and round on deadlines and settlement dates all day today with a cooperating agent.

Wise words Margaret Rome, Baltimore Maryland. It is common courtesy to let everyone know of any hiccups in a timely manner.  "Time is of the essence" is a simple phrase that holds a lot of weight.

Hi Margaret

The issues of dates, and time being of the essence, is so critical, yet many respond as if these don't exist. Sure stuff happens but some buyers, and agents, act as if there is no written contract. Others do a great job and are responsive, despite the outcomes, as they should be.

Jeff

H Margaret - thanks for this! It is common courtesy and recognition that there are human beings on the other side, making plans, who need to know!

Great blog about an issue we often run into.  Common courtesy, not always so common.  

I always love your posts  Margaret Rome, Baltimore Maryland  they are just wonderful

I am amazed at how many agents and buyers do not consider time as stated in the contract to be of any real consequence.

Thanks for sharing and I hope many will read and come to understand what:

"time is of the essence" really means.

And to not take advantage of grace periods in contracts, particularly closing dates!  Many parties are relying on closing at a set time and delays create havoc and start daisy chain events with significant consequences.