No, you may not get the keys early!!

By
Real Estate Sales Representative with Metro Roberts Realty

Holding keys and model houseTime and time again I receive requests from buyers to get the keys at the final walk through.  Granted, the closing is usually the next morning, but yet, you don't own this property yet.  The owner has every right to still enter and occupy this home until it is closed and they deserve the privacy to do so.  Now some buyers beg and plead and make promises that they won't enter the property until the morning, but no offense I can't trust you.  Not that you aren't trustworthy, but the pressure will get to you and before you know there you stand the night before closing inserting key into door knob. 

Early on as a Real Estate agent I let a couple of people have keys early who swore on the lives of their children that they would not go into the property before they owned it.  The last time I gave a key to a buyer early, they started to move in before they owned the property.  I drove by about 2 hours after the final walk through to find a moving truck out front and everything moved in.  On another occasion I found the buyer and their whole family (20+ people) wandering around the home before they owned it. Needless to say I have learned my lesson the hard way.

Now Mr. and Mrs. Buyer, don't take it personal.  It is my job to protect the seller's property until it transfers ownership. Also the seller is responsible for this property up until closing. If some should fall and get injured or something got broken the seller would be responsible.  That is not a chance I can take

I know you will plead, beg and promise, but believe, me once you have that key in your hand it will be all you can do not to resist the urge to just take a peek.  Who will know?  Before you know it that evil voice in your head has convinced you its okay.  So to protect you from your self, I cannot give you the key early. 

Don't take it personal.

 

 

 

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SELLING MORE THAN HOMES - SELLING A DREAM

Providing the Personal Service and Committment My Clients Deserve.

Lee Ann Obenauer - Licensed Real Estate Agent

For more information or assistance buyer or selling a home, please feel free to contact me at 

                (716)983-3607 or by e-mailing me at metro_obenauer@yahoo.com

Metro Logo  METRO ROBERTS REALTY

Western New York's fastest growing real estate company with four locations to serve you.  We offer the most extensive marketing package available in Westen New York. 

 

 

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Re-Bloggged 2 times:

Re-Blogged By Re-Blogged At
  1. Debbie Reynolds 05/30/2012 03:31 PM
  2. Robert L. Brown 05/30/2012 07:03 PM
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Rainmaker
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Mike & Eve Alexander
Exclusively Representing ONLY Orlando Home Buyers
Buyers Broker of Florida

On the flip side...what make someone think they have the authority to keep keys days after the closing?

 

Some agents think that they cannot give the keys out until the BANK authorizes them...days after closing.  IF it is not specified differently in the contract, the keys need to be distributed at the closing table.

 

Eve in Orlando

 

May 31, 2012 03:13 AM
Ambassador
871,911
Amanda and Jared Christiansen, YOUR Fort Wayne Realtors
Century 21 Bradley.
Century 21 Bradley (260)704-0843

Geesh!  The nerve of some people.  I have had a few buyers ask the same thing and the answer is always no.  No no no.    

May 31, 2012 05:23 AM
Rainmaker
139,645
Richard and Jean Murphy
(207) 712-4796
Harborview Properties

Never let someone into the property until they own it. If our seller client agrees to this, they are advised to get legal opinion and insurance opinion.

May 31, 2012 06:02 AM
Rainmaker
866,276
Michael Setunsky
Your Commercial Real Estate Link to Northern VA
Michael's Commercial LLC

Lee Ann, you are so right on this one. The answer should always be no. Buyers don't realize the liability for moving in prior to the closing date.

May 31, 2012 06:12 AM
Ambassador
791,808
Bob Crane
Forestland Experts! 715-204-9663
Woodland Management Service

On several occasions we secured permission to do showings to potential renters several weeks prior to closing, of course no leases were signed until after closing.  There was one other time when we wished that we had secured permission to do some maintenance on a home, the lawn was very tall and my son was ready to get it mowed the minute that it closed, however the city had their workers over there mowing it while we closed, guess who got stuck with the bill?

May 31, 2012 06:39 PM
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Lee Ann Obenauer

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