I apologize for going off topic. I thought about puttig these thoughts in a blog post, but decided to travel the course set with it's current twists and turns.
Other responses provided valuable and correct information, but did not clarify that a split closing is not a closing and did not clearly provide when that exact moment of closing is defined. My answers were guided by the federal laws that govern settlements, HUD statements, and RESPA. There was also another post on the thread yesterday, which revived the thread and prompted me to participate on this thread. That missing link might have helped you understood the sequence better, and why I added that clarity. If my attempts to clarify failed you, or offended you, please know that was not my intent. Your comment was the first post I ever read of yours. It was the catalyst, but not the focal point of the message below.
Certainly, many questions are determined by local expertise. I see out-of-area posters answer questions in my local area, both correctly and incorrectly. Unfortunately, local does not guarantee accuracy. I have seen locals incorrectly answer a question only to be corrected by an out-of-area poster. In those instances, I can only say â€œThank Youâ€ to the out-of-area respondent who had nothing to gain, added value, and helped a consumer. I donâ€˜t catch every question in my local area. Hurray, for all people who provide good information.
In 2 different locally taught short sales class that I attended recently, I heard questions from dozens of Realtor attendees. Several were managing short sale listings, and were absolutely and completely clueless about what they were doing. My heart ached for the sellers, who were potentially devastating circumstances. These sellers unknowingly trusted their fate to real estate licensees who did not know what they were doing. Did they assume the agent is qualified because they are local? I questioned whether this was a licensee failure of the fiduciary owed to the seller. For the clients of these Realtors, I hope they find a forum like Trulia Voices, ask questions and get answers. Note to consumers: There are many Realtors knowledgeable in short sales. If you need to sell short, find one of them. They are out there!
At 3 national training classes for short sales that I attended this year, some of the attendees were very experienced and their contributions during discussions were equally as valuable as the instructors. If these instructors or experienced attendees were to come on a Trulia thread on short sales, should we tell them to go away because they were not in the right area? Should I not listen to them at a national convention because they are unqualified?
I actively encourage Realtors everywhere to participate on Trulia Voices and Trulia Pro. I hear Realtors and consumers both tell me that they became discouraged and even disgusted when they went on Trulia Voices or other forums and found snarky and objectionable conduct. What someone says about others often says more about themselves.
I needed to refer a buyer client 2 weeks ago and a Realtor who is very visible on Trulia works the target market for this buyer. I chose not to refer to that Realtor due to the personâ€™s snarky online comments, even though the Realtor is highly experienced. Among the snide remarks I read, were several shots at other Trulia community members. Some, but not all, of the snarky comments were geared toward the topic of Trulia badges or awards, with self-proclamation of him/her not needing such recognition. Ironically, the same Realtor loudly boasts up front and center on their personal website about how pleased and proud they are of their numerous awards; emphasis numerous. Quite a bit of space is allocated on their personal site to making sure any website visitor is instantly in tune with their award status. Additionally, the Realtor blows a mighty loud horn on their website about professionalism and integrity. My referral for an 800K buyer who is highly committed to purchase within 30 days went to another Realtor in the same town. I suspect that Trulia poster does not realize that other people may also be put off by snarky attacks, and his/her attempt to self-elevate with put-downs on others actually hurts him/her more than the people they attack.
In any field, professionals will disagree on some points. It is my goal to always provide my positions while concurrently remaining respectful. I do hope that anyone who is repeatedly posting snarky comments on Trulia takes a moment to reflect on the image they paint of themselves, and on our profession.
Best wishes for a happy and prosperous New Year. Perhaps we can all make an extra effort to extend peace and respect in the New Year.