Special offer
Tammy Hansen, Realtor CNE (Aubrey and Associates Realty)

Spam prevention
Rainmaker
4,905,762
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't understand your question. In the first sentence you say "My seller", and then in the 4th paragraph you say "The issue for my buyer".  Who do you represent and who want to change the closing date?

Sep 23, 2016 07:24 AM
Rainmaker
1,847,621
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I'm not sure what state your in because that would make all the difference. Obviously not an attorney state or they would be handling this nonsense.

If the closing date is not changed the buyers can't perform right? Financing doesn't go thru then they get their EM back right? 

Start playing hard ball - just work with what is best for your buyers. You're not saying why it needs to get an extension. Hope it's not a stupid reason like a full moon.

Sep 23, 2016 09:41 AM
Rainmaker
1,712,876
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Talk to your broker, that is why they get a portion of your commission.

Sep 23, 2016 08:12 AM
Ambassador
2,684,769
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Do you represent the Seller or the Buyer?

Who does not want to sign an addendum changing the closing date?

 

Sep 23, 2016 07:59 AM
Rainmaker
5,115,878
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have no idea why a seller wouldn't sign if asked in advance to close at a different date without giving you a real reason. But your question is confused, whom do you represent, seller or buyer?

Sep 24, 2016 12:41 AM
Rainmaker
1,057,404
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Looks to me like you need to redouble your efforts to get your buyers deal closed by the original closing date.

Sep 23, 2016 08:50 AM
Ambassador
5,062,995
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's a little confusing! I would talk with you broker about how best to proceed given the response

Sep 23, 2016 08:39 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

As broker/manager I dealt with many such issues.  Not easy to change dates but not impossible.  As for your broker/manager's help.  Good luck.

Sep 23, 2016 08:29 AM
Rainmaker
4,583,790
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Discuss this issue with your broker.  Good luck.  

Sep 24, 2016 12:20 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

You can not be 'wishy washy" when setting closing dates, if you need a week, take the week, if not... dont ask for it and then say we may be able to close on time. Customers want firm dates, i prob would not have my client sign such a request either 

Sep 23, 2016 10:11 PM
Rainmaker
7,869,902
Roy Kelley
Retired - Gaithersburg, MD

Next time, get the date right in your contract.

Sep 23, 2016 09:15 PM
Rainmaker
1,157,791
FN LN
Toronto, ON

Your question is unclear with respect to who you are representing.  Perhaps legal advice should be sought.

Sep 23, 2016 05:01 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The seller feels no need toextend the date with so much time between now and then. If you say it is worse case and it may close earlier then the seller is counting on that. It is a matter of putting some fire under the feet of your buyer.

Sep 23, 2016 11:08 AM
Ambassador
6,424,146
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Certainly puts the pressure on your buyers, most likely they will extend it but it does put your buyers at risk.

I am sure that all want this to close, but few like delays.

Do you still have any unsatisfied contingencies or would you be at the same risk of losing your deposit today as you would be closer to the closing date?

Sep 23, 2016 09:44 AM
Rainer
2,865
Payson Real Estate Craig Skibiski
White Tank Real Estate, LLC - Payson, AZ
Homes for sale in Payson, Arizona

Get it in writing, signed by all parties.

Sep 25, 2016 07:54 AM
Rainer
31,455
Tammy Hansen, Realtor CNE
Aubrey and Associates Realty - Salt Lake City, UT

Thank you for all your answers  I represent the buyer.

 

Sep 25, 2016 02:36 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would like a little more information to be able to give you an answer.

Sep 24, 2016 11:19 PM
Ambassador
3,743,474
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

This stuff happens. That's why it's so important for us to keep our buyers and their lenders on the time line.

Sep 24, 2016 12:49 PM
Rainmaker
1,506,773
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Most sellers don't want to extend the closing until something for sure is wrong.  That's common.  Give the bank 30 days, they'll take 40.  Give them 60, they'll take 80.  Banks suck.  The bigger they are, the more they suck.

 

Personally, I'd have rejected the addendum too.  Once your contingencies are removed (in Cali) your deposit is gone anyways, so the date of closing doesn't matter.

Sep 24, 2016 04:27 AM
Ambassador
3,350,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I do not understand the question.  I am with Richard Weeks on this. There are many helpful professionals in the community who love to help. We just need to connect the dots and understand what the real issue is.  We simply need more ... clarification. 

Sep 24, 2016 03:27 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Some sellers just want to stick to closing date.

Sep 24, 2016 01:10 AM
Rainmaker
5,244,268
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No cooperation means time for an attorney!

Sep 23, 2016 11:48 PM
Rainer
56,684
LeAnn Sink - Realtor Knoxville, TN
United Real Estate Solutions - Knoxville, TN
#ThinkSink when you need an agent.

My guess is that when an extension is signed with the possibility of still adhering to the original, earlier close, 10x out of 10, the later closing date is what wins. If lenders have more time to close, they will grab it and run.  Seller just wants the lenders to "move it" to make it happen.

Sep 23, 2016 11:17 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Get an attorney.

Sep 23, 2016 09:49 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Joe Pryor nailed this one!

Sep 23, 2016 09:33 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Tammy Hansen - I'd say, everything is possible! Just take the right approach - and you should be the best person to know about the situation.

Good Luck.

Sep 23, 2016 04:02 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Each state is different in how things are handled. I had what sounds like a similar situation where I had the buyers. They had to change the closing the date. The agent on the other side was being difficult. I put wording in the addendum that if the sellers didn't sign it by such and such date, then all earnest money would be refunded and the transaction would be over. This seemed to get the message through to the agent, that we weren't going to have a closing unless the other side cooperated. We laid it all out and made it very obvious the buyers would walk and the other side wouldn't even have the earnest money to console them. 

This was a case of the agent letting her ego get in the way of the sale. I made it happen. 

Maybe what you need to do is check with your broker on this situation. 

Sep 23, 2016 03:26 PM
Rainmaker
716,891
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

He may have a cash backup offer.

Sep 23, 2016 01:41 PM
Rainmaker
1,093,347
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Your question is very confusing...are you doing both sides of this since you mention my seller and my buyer? My guess is that the seller thinks the extension is being requested prematurely since closing is nearly two weeks away but you need to be more specific in your question. Have you talked to your broker?

Sep 23, 2016 01:06 PM