5,583,328
the agreement is NOT between the agents....it's only the buyer and seller who needs to sign....
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Candice A. Donofrio
Fort Mohave, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
-
Carol Williams
Wenatchee, WA
-
Nina Hollander, Broker
Charlotte, NC
430,282
Contact the agent's principal broker. The PB is the one with the ulitmate authority, so they are the one to deal with now.
-
Tammy Lankford,
Eatonton, GA
-
Dan Tabit
Sammamish, WA
-
Pete Xavier
Pacific Palisades, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Michael Jacobs
Pasadena, CA
5,254,035
A buyers agent's signature is not required in NC or SC but, I don't know about your state. I would seek counsel in your state, Tim.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
-
Carol Williams
Wenatchee, WA
-
Michael Jacobs
Pasadena, CA
3,349,404
If all parties, including the agents, need to sign the release and one agent has not, for whatever reason, then why would title company take the risk and liability of acting unilaterally and releasing the funds?
Unless the escrow officer was a newbie and had no clue what they were doing, my expectation would be that they would not release funds until ALL required signatures are obtained.
-
Lyn Sims
Schaumburg, IL
-
Pete Xavier
Pacific Palisades, CA
-
Kathleen Daniels, Prob...
San Jose, CA
2,221,377
In GA, the seller and buyer are the only ones that sign the earnest money release.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
613,494
Realistically...
If all the money is going to the buyer, the buyer does not need to sign it either.
Only the looser needs to agree to forfeit the money.
Eve
-
Pete Xavier
Pacific Palisades, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,525,616
I agree with Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D.
-
Pete Xavier
Pacific Palisades, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
6,417,409
Only two parties in our mutual release, the buyer and the seller.
-
Pete Xavier
Pacific Palisades, CA
-
Bob Crane
Stevens Point, WI
544,014
Ask a lawyer and get the answer in writing.
-
Pete Xavier
Pacific Palisades, CA
-
Bob Crane
Stevens Point, WI
2,684,569
In Florida, unless the Broker is holding the money in his or her own escrow account, he/she has nothing to do with it.
Hopefully someone from Texas will come along with your answer.
-
Pete Xavier
Pacific Palisades, CA
-
Bob Crane
Stevens Point, WI
519,324
I agree that the managing broker should step forward in the absence of the missing agent. This solves the problem, if there is one.
-
Pete Xavier
Pacific Palisades, CA
-
Bob Crane
Stevens Point, WI
1,553,094
That's an escrow question. Barbara Todaro seems to have nailed it though.
-
Pete Xavier
Pacific Palisades, CA
-
Thomas J. Nelson, REAL...
La Jolla, CA
2,187,587
I don't understand why the BA would need to sign to release EM. When the terms of the contract are met the escrow company can close the transaction.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
5,112,471
I have no idea... in my state only buyer and seller sign off on releasing monies.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Pete Xavier
Pacific Palisades, CA
3,988,013
The release is between the buyer and seller. Glad it is resolved.
-
Pete Xavier
Pacific Palisades, CA
5,238,990
Any deposit is for the benefit of the parties. If they authorize release it should be released according to thier instruction!
-
Pete Xavier
Pacific Palisades, CA
1,846,901
Not in my state of IL. Usually everybody means just that.
-
Pete Xavier
Pacific Palisades, CA
647,340
here only principals to the transaction (Buyer and Seller) signature would be required, just ask the escrow company.
-
Pete Xavier
Pacific Palisades, CA
3,167,614
in my state agents are not required to sign the release. After all the contract is between the buyer and seller, they don't need my permission to agree to terminate it.
-
Pete Xavier
Pacific Palisades, CA
7,863,162
Look at the wording of the agreement.
-
Pete Xavier
Pacific Palisades, CA
5,060,494
I don't know the rules in Texas but here the deposit issue is between buyer and seller.
-
Pete Xavier
Pacific Palisades, CA
1,506,013
Richard Weeks may be able to answer this for us. I'm not sure who signs in CA as it rarely happens.
-
Pete Xavier
Pacific Palisades, CA
1,322,984
Not part of the transaction. I don't know why agents' signaures are required in your transaction. No knowledge that would allow me to make a meaningful answer. I am in no postition to tell the escrow company what to do.
-
Pete Xavier
Pacific Palisades, CA
1,712,776
1,598,452
5,877,335
4,434,177
3,071,489
3,416,038
Here in NH the buyer agent does not have to sign, just the seller and buyer.
4,800,132
4,900,966
If the buyers agent is not available (in the age of digital signatures I find that hard to believe) then get their broker to sign. Our listing agreement and buyers rep agreement state that the agent may be entitled to a portion of the earnest money; therefore the title company prefers we also sign the release.
2,191,748
4,319,773
Tim Nguyen - escrow funds should be for buyers AND sellers to sign,and may be listing broker/office.
3,986,308
956,152