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Feeling the rush...

By
Real Estate Agent with Fathom Realty Washington LLC

I know in many states everyone sits around a table and signs closing papers and at the end the keys are presented to the buyers.

In Washington state we do things a little different

  1. We use Escrow officers, usually not lawyers...
  2. The Buyer and Seller usually sign at different times...
  3. The keys are not presented to the Buyer until after the deal has been funded and recorded...

Every state is different, not better, not worse, just different.

One of my most favorite jobs as a Realtor, my rush, is handing the keys to the buyers. It rivals handing out diplomas at graduation. It is so cool to see the glow on their face or faces as they realize the dream of home ownership has come true.

This usually signals my end of the chapter as a buyers agent, but it can also be the start of a very lucrative referral business and eventually to become the listing agent when those clients decide to sell.

I don't care how many times I hand those keys over; I feel the rush, the tingle of a job well done. I then head off to meet new people with new needs but I never am to busy to call on those who I've helped before. That's my future business, my future rush...

 Don't let the rush escape you!

Authored by Paul S. Henderson, Realtor ®, RE/MAX Professionals, Lacey, WA.

(http://phenderson.net) or http://www.lacey-washington.com

©2009 Paul S. Henderson, Feeling the rush, All Rights Reserved

Posted by

 and courtesy of 

Paul S. Henderson, Residential Real Estate Broker 

Tacoma Washington 

Realtor ® BPOR, CRS, GRI, CDPE

Fathom Realty WA LLC

Serving

South Puget Sound in Washington State

 

 

 

 

Paul's Service Area


 

 

As a Residential Broker and Relocation Specialist, I sell homes in or around ,Tacoma, Gig Harbor, Lakewood, Steilacoom,  University Place, DuPont and Hartstene Pointe in Washington State.
Please visit my website at http://www.hartstenepointe.com to search for information 
(all information is believed to be accurate but is not guaranteed or warranted in any way)

Referrals are always welcomed and appreciated, Thank-you!

(As a member of the NWMLS, this blog post is intended to comply with NWMLS rules as pertaining to blogging.)

isspfmtysmily

iaa

 

Comments (14)
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Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Paul, that is how things work here in Utah, there is definately a rush to handing someone the keys to their new house.

Jan 28, 2009 04:43 PM
Doug Aaserude
Inactive until May. 2009 - Beaverton, OR
Broker

Oregon is the same way. But the escrow officer usually hands the buyer the keys. So how do you gt the keys to hand to the buyer? That would be awesome.

Jan 28, 2009 05:00 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Tony and Darcy, Oh what a feeling as they say.

Jan 28, 2009 10:50 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Doug, I usually just arrange it with the other agent to get the keys and wait for funding and recording... It may be different in Oregon by law...

Jan 28, 2009 10:53 PM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Hi Paul, Agreed, there is no better feeling than handing that happy buyer the keys to their new home. They are so truly appreciative and I know that it was a job well done!

Jan 29, 2009 12:16 AM
Zane Coffin
Century-21 Homestar - Geneva, OH
(Geneva Ohio Real Estate Agent)

Paul in Ohio we do it the same way as you do...I meet them at their new home and hand them their keys.....1st time home buyers are the best...I work with alot of young buyers(early 20's) and to see them open the door to their new home and the excitement is awesome....peace zane

Jan 29, 2009 12:42 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

We do it at the table usually with buyer on one side and seller on another. 

With the banks lately, they are trying to hold keys until they "get documents", are recorded or some other nonsense.

The buyer is entitled to the keys at settlement when the title company, or attroney has accepted their check and the seller has signed the deed.

Want to see Lenn have a fit?  Try to deny our buyers their keys. 

Fact is a transfer does not have to be recorded to be legal.  In fact, many transfers between family members are never recorded. 

Jan 29, 2009 02:27 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Sandy, I don't think in the past 10 years I have had but one person not have a smile on their face at my key presentation. I still believe it is why I love my job...

Jan 29, 2009 03:09 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Zane, I think the first time home buyers are a riot, several still try to carry one over the thresh hold and their are few that can do it...

Jan 29, 2009 03:13 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Lenn, I can think of just a few people who would want to deny you or your clients the keys. I think, as you do, that most banks want to steal the moment away from our clients. Again we know our clients as people and the banks think of them as file numbers...

Jan 29, 2009 03:17 AM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I've never handed out diplomas, but I've received three of them, and I will admit that the rush I got walking across the stage to get my diplomas is equaled by the rush of handing keys to a new home to the new owners.

Jan 29, 2009 04:04 AM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

Well said Paul.  Its always a sense of accomplishment to help someone own a home, especially the first home.

Jan 29, 2009 05:08 AM
Gina Zimmerman
North Eastern Group Realty - Fort Wayne, IN
Fort Wayne Real Estate

I love giving my clients a gift with the key wrapped in a decorative ribbon.  It is the best RUSH and it  is wonderfully addictive.  Thanks for the post

Jan 29, 2009 09:49 AM
Mary Corrigan
Progressive Urban Real Estate (PURE) - Cleveland, OH
CDPE, ABR, e-PRO

In Northeast Ohio, we also use escrow officers. When it comes to the time to hand over the keys, I get to do the honors, it is one of my favorite parts of the job.

Mar 31, 2009 12:20 AM
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