Thursday, June 13, 2013

Surfing For When Dealing With A Realtor?

Betty asks…What happens if a realtor dies during a transaction?I'm a realtor, and I sold a house to a client a few weeks ago. It will close in another 2 weeks from now. Suppose I die between now and scheduled closing. Would the sale fall through, or would my employing broker be re-assigned as the buyer's agent?Nancy answers:The sale is really with the broker, you are jusst an agent of his.

He would have to finish the transaction himself, he can not legally delay it because of this.

There

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