Legal Question in Real Estate Law in California
I am an agent in Ca, My broker is saying that I have to use his escrow and Title company, I had a really bad experience when I use his company last time. I am representing the seller , and the seller wants my to use an other escrow and title company. Can My broker legally make me use his company?
4 Answers from Attorneys
The client chooses, not the agent or broker.
He is your employer, so you'll have to work it out to satisfy the client.
My understanding is that the PARTIES to a real estate transaction select their escrow agent. Unless the contract between your brokerage firm and the seller specifically delegates the authority to select the escrow agent to the firm, which would be unusual, the authority to select the escrow holder remains with your client (the seller) and the buyer.
It isn't your choice, it's a dispute between the broker you work for and the seller. Your broker is your seller's broker. If your broker wants to be obnoxious enough, he'll lose business. Frankly, I am amazed that in the current market your broker would make such stringent demands.
Related Questions & Answers
-
Step by stewp How can I claim county seized property? Asked 7/24/13, 11:38 am in United States California Real Estate and Real Property
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
