Answer: Once the offer is accepted, we are notified of the sale and so is the listing agent, by the AM.
Answer: We need only your Commission Instruction signed and returned to escrow.
There may be occasions where we need your help to facilitate the closing and when so, we’ll contact you. We are only speaking from the Closing Agents perspective; it’s likely that your asset manager or the field service manager may need your help during the escrow period, so please check your contract with them.
Answer: There are a variety of ways the listing agent may assist in facilitating the transaction.
-Good Offers-Check over all offers submitted prior to submitting them to your Asset Manager
-You may be called on at different points to help find the Management Company for an HOA by knocking on neighbors doors possibly. –The biggest issue with most deals these days are with the lenders, so you could confirm the buyer is submitting a complete package and follow up on its progress.
Answer: The Selling Agent is responsible to get the form signed by their Buyer.
In order to be granted an extension past your 45 day escrow period, we need a completed, approved and paid for ($375) extension by or before your closing date. Extensions are granted in 15 day increments and unused days are prorated and credited back at closing. The extension forms are available on the AM’s website. Although, we will contact the selling agent and the buyer starting five days prior to the close of your escrow to remind you.
Answer: Yes, all escrows will be posted online, LLB’s WILL ALL RECEIVE YOUR LOG IN INFORMATION the second week of February.