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Updated over 3 years ago, 08/16/2021

User Stats

1
Posts
0
Votes
Jared Becker
0
Votes |
1
Posts

Give my realitor incentive to close ASAP

Jared Becker
Posted

What methods or incentives are people using to get their realtor to close ASAP. I am not sure if my realtor is dragging her feet, but she doesn't seem to be moving very quickly. I want to give her an incentive to get on the ball and help a close ASAP.

User Stats

186
Posts
122
Votes
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
122
Votes |
186
Posts
Susan K.
  • Real Estate Agent
  • Palm Beach Gardens, FL
Replied

Is there a lender involved?  That can take 45 days or more in most cases.  Buyer and seller set the closing date in the contract so not sure what the issue is.  Title can take 3 or 4 weeks.  An agent would have no incentive to drag out a sale, they don't get paid until the deal closes.  Is the agent not communicating with you?

User Stats

1,224
Posts
1,079
Votes
Joe Norman
  • Investor, Realtor
  • Baltimore, MD
1,079
Votes |
1,224
Posts
Joe Norman
  • Investor, Realtor
  • Baltimore, MD
Replied

Your Realtor doesn't control the closing date, she should just be managing the process and keeping you informed. The closing date is set in the contract - have you passed that date? 

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User Stats

55
Posts
21
Votes
David Kiszka
  • Real Estate Agent
  • Albany, NY
21
Votes |
55
Posts
David Kiszka
  • Real Estate Agent
  • Albany, NY
Replied

@Jared Becker Unfortunately an agent can only do so much. They can help keep everyone on task by following up with inspections, contacting the lender weekly to get updates, contact the attorneys weekly for updates etc. Trust me, as an agent myself I want a deal to close as fast as possible as a listing or buying agent. There are are so many other factors at play that could be out of their control. If on the other hand they are not being responsive at all when you reach out, try other means of communication. I would follow up with a call, text, and email. If all else fails, reach out to their broker. This is the last resort but sometimes it comes to this to get the ball rolling if they are not being responsive. Hope this helps give you some guidance.