Escrow Requests to Avoid

There are several requests title company escrow officers receive from real estate agents that should be avoided. Below are some common examples.

1.  Real estate agents should not ask the escrow officer to select or order the buyer’s residential service contract. 2.  Real estate agents should not ask the escrow officer to pass checks between buyer and seller at closing.

3.  Real estate agents should not ask the escrow officer to delay closing due to a dispute between the listing agent and the buyer’s agent as to the commission split.

4.  Real estate agents should not ask the escrow officer to notarize pre-signed documents.

5.  Real estate agents should not ask the escrow officer to pay an entity (LLC’s   or trust seller’s pro­ceeds directly to an individual client.

6.  Real estate agents should not ask escrow officers to pay their individual agent commissions to their own unlicensed LLCs.

7.  Real estate agents should not be delivering option fee monies to title companies instead of the listing agent or sellers.

Just between us, are there any of these you disagree with, and why?

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