Working with an escrow right now that the buyers agent and/or the buyers have been difficult with communication since the beginning. Some people are just like that, right?
Now, of course now, as Contingencies are due to be removed, the agent is barely responding...if at all.
Yep, that's pretty much what it feels like.
So, what do we do in this instance? You can call the other agents broker, but that's just like tattling. The right thing to do is what's called the Notice to Buyer to Perform. It's actually part of the initial contract. If either party is not performing, doing their contractual obligations, the other party may cancel...but first must provide the Notice to Perform.
I don't like using it, as generally no one really wants to cancel. So, it feels like a false threat & can put a bad taste in a persons mouth for the rest of the transaction. And, the time it takes to actually cancel a contract, it doesn't happen immediately. The other principle has 2 days to respond to the notice and then escrow has to draw up cancellation instructions. AND then, all parties have to sign it. Honestly, by that time the party that was not doing their part has to sign the escrow doc, they actually have done their contractual obligation. But, we do it to remind people they signed a contract and to adhere to it.
I'll likely be having my seller sign one this evening.....since the buyers agent hasn't responded to me for several hours.....not even a courtesy text that she's working on it. Oh, wait....while typing this....she just texted me back!!! And, blamed her clients for not responding. Who knows!
#RealtorLife
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