Do Realtors "have" to go to closing?

Question

Is there any benefit from them coming to closing? Should they be there?

Answer 1

As a realtor, I always attend closings, or have a qualified representative present on my behalf, should I be unable to attend.

The reason I am present is to insure that all contractual representations in the offer to purchase are fulfilled during the closing. The customer/client of the realtor(s) involved deserve to have this assistance on their behalf as part of the fees which the realtors receive for their services.

Answer 2

There is very little legal purpose for an agent to be at closing here in Texas. On a few loans the agent has to sign one paper.

I always go to closing. Sometimes I hold a baby, sometimes I reassure people that I have the keys, sometimes I track down someone for a last minute question (December 31 an insurance question came up- I found the insurance agent at his Mom's house).

But if you flat don't want them to be there then I bet you can arrange that.

Answer 3

I do, just like acermill. Especially if I'm a buyer's agent. There are a lot of things that can go wrong at a closing that can be corrected if I'm present.

Answer 4

No. Ours didnt, and he told us that no one in his office every goes unless they are asked to by the buyers. Typically the only pratical reason a realtor would go is make sure thei commission is accurate. A buyer ussualy has a lawyer to help them out so there is no reason for the realtor to be there.

Answer 5

I think that they should, if nothing else to re-assure the purchasers/seller that everything has ben taken care of as it should be, but many don't attend closing.

Answer 6

I think in Indiana they are required to have some representation there, either themselves or by proxy.

Answer 7

Acermill read my mind in that answer....Vote that one the best answer because it is right-on.