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Rainmaker
2,109,056
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Already goin on in my area with TRID

Mar 26, 2016 12:56 PM
Rainmaker
1,668,126
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Not common at all. For us, whichever party chooses title pays closing.

Mar 26, 2016 12:28 PM
Rainmaker
4,442,495
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Not sure what you are asking. TRID requires that buyers and seller sign their docs separately if using the same settlement agent. Can buyer and seller use different settlement attornies? Of course.

Mar 26, 2016 11:06 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Each shooses their own

Mar 26, 2016 11:38 AM
Rainmaker
1,349,275
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

This is going to possibly start happening due to TRID and required by lenders that do not endorse the current choice of escrow. It was something we were warned about in training last year. Typically in San Diego, the buyer chooses escrow here (most expense to buyer) and will defer Title Co to seller, when the seller bothers to counter, since the seller pays title fees.

Mar 26, 2016 10:13 AM
Rainmaker
868,688
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Yes, it happens. One family I work with will only use a certain title company whether  they are buying or selling. But most prefer to not do split settlements.

Mar 26, 2016 10:11 AM
Ambassador
5,708,458
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Seldom.

Jun 22, 2019 11:03 PM
Rainmaker
536,882
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Choose their settlement? Buyer chooses the settlement attorney in my state.

Nov 25, 2017 01:07 PM
Rainmaker
5,274,028
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

In our area we rarely see two title companies in the mix.

Mar 28, 2016 12:17 AM
Ambassador
3,724,077
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Here it's highly unusual to have two settlement companies involved in a single transaction.

Mar 27, 2016 01:52 PM
Rainmaker
4,337,182
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

We have been doing this for years. So much more efficient. The sellers take 15 - 20 minutes to sign as they have very few papers. The buyers take an hour to sign..as busy as everyone is only makes sense to split these sessions.

Mar 27, 2016 05:46 AM
Rainmaker
1,426,200
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Never heard of this.  Not sure I understand the question.  Out here we have escrows and both sides have to use the same one.

Mar 27, 2016 04:53 AM
Rainmaker
4,247,428
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Not sure I understand the question but in real estate everything is negotiable.  That said, there are common practices in each local market.   We don't use attorneys for closings in California.   Buyers and sellers agree(negotiate) who will be the escrow/title company and how the fees will be divided in Southern California where I practice. 

Mar 27, 2016 03:31 AM
Rainmaker
3,070,784
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Not so far

Mar 27, 2016 03:14 AM
Rainmaker
140,895
Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Passionate about helping others achieve success!

This is very common, and even if we use the same settlement company, I can't remember the last time the buyer and seller sat down in the same room together!

Mar 27, 2016 03:08 AM
Rainmaker
6,977,553
Roy Kelley
Retired - Gaithersburg, MD

We use title companies in our area and the parties normally settle at the same office.

Mar 27, 2016 02:11 AM
Ambassador
1,604,436
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Not common in our area.

Mar 27, 2016 12:17 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Desmond Neoh In commercial real estate it is common. Each party usually likes to choose their own attorney.

Mar 26, 2016 11:48 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Mar 26, 2016 11:01 PM
Rainmaker
4,518,838
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

He who pays chooses!

Mar 26, 2016 09:48 PM
Ambassador
4,316,065
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Desmond Neoh it's not common in our area - however, I have done that few times...(through attorney, of course.)

Mar 26, 2016 03:38 PM
Ambassador
3,949,500
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I am not aware of this in our area....

Mar 26, 2016 10:55 AM
Ambassador
3,986,960
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It happens but not often. We all know the title companies and whoever is paying the majority of the closing costs usually picks the closing company.

Mar 26, 2016 10:22 AM
Rainmaker
2,057,480
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

In ND the Buyer chooses the Settlement company and both parties abide by that decision.

Mar 26, 2016 10:13 AM
Rainer
224,119
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

No we have to use the same services 

Mar 26, 2016 09:48 AM
Rainmaker
3,377,305
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

In NH the buyer chooses who will close the sale. Most often the only sellers hiring their own closing lawyer are the banks.

Mar 26, 2016 09:27 AM
Rainmaker
1,179,543
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I can not recall I have last 10 years.

Mar 26, 2016 09:20 AM