Talk: Sales: Discussing 'seller's broker request for financial records AFTER submission of board package'
 

email updates RSS seller's broker request for financial records AFTER submission of board package

4 results
about 9 weeks ago

Is this common? I would understand if the seller's broker wanted to see something before accepting the offer, or even prior to signing the contract. But after we've already submitted a board package?

Anyone ever encounter this?

about 9 weeks ago

That indeed does sound strange.

Your lawyer (not broker) should request exactly why this is needed.

about 9 weeks ago

Sounds like there's some concern about your package and the agent is either a) pre-emptively trying to address the issue or b) responding to a board member's particular concern.

Obviously, you need to protect your interests as you see fit, but I would say as a matter of politics I would NOT bring an attorney in at this point. Your best play is to smile and provide the information requested.

ali r.
{downtown broker}

about 9 weeks ago

Thanks for the responses. I told my broker to give the seller's broker a redacted (account #s and SSN) version to "play nice" for the remainer of the process. Board package was delivered this morning, so would be surpised if a board member already went through it and had questions.

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