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Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The accounts are reconciled, title is transferred and if the buyer is getting a mortgage those papers are signed. In my market the keys are also handed over.

Apr 11, 2017 07:03 PM
Rainmaker
2,635,377
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Much joy....

Apr 11, 2017 06:54 PM
Rainer
318,813
Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

Deal is completed. 

Apr 11, 2017 09:16 PM
Ambassador
2,564,951
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Deed transfers the real property to the Buyer.   The Seller receives any Net Proceeds from the sale.

Apr 11, 2017 07:22 PM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

The closing is settled.

Apr 12, 2017 03:56 AM
Rainmaker
1,880,375
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

The Buyers end up with a home

Apr 12, 2017 06:20 AM
Rainmaker
4,066,466
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The process will vary by jurisdiction.  Hopefully everyone lives happily ever after.  Anonymously or out in the open.

 

Apr 12, 2017 04:53 AM
Rainmaker
4,065,243
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

A property's ownership moves from one party to another.

Apr 12, 2017 03:55 AM
Ambassador
4,205,428
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

The deal is signed, sealed and delivered!

Apr 11, 2017 08:54 PM
Rainmaker
875,127
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

All efforts are complete.

Apr 11, 2017 08:17 PM
Ambassador
3,730,430
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It differ slightly from state but Debbie Reynolds has my answer...

Apr 11, 2017 07:48 PM
Ambassador
4,560,673
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It varies from state to state. In California we don't have a formal closing around a table as some states do. But in general closing means tranferring the title to the new owner, with all funds distrubuted to the appropriate parties - lender payoff (if applicable), seller receives proceeds, etc.

Apr 11, 2017 07:31 PM
Rainmaker
1,636,342
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

I get paid

Apr 12, 2017 06:29 AM
Rainmaker
6,555,044
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

If you have done a good job, you will get a check to take to your office.

Apr 12, 2017 05:21 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Richie Alan Naggar nailed this one!

Apr 12, 2017 05:08 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Settlements and/or closing.

Apr 12, 2017 04:23 AM
Rainmaker
1,514,855
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

The best part, hopefully, you close the escrow and everyone involved in the transaction gets what they wanted. 

Apr 11, 2017 11:50 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

The buyer and the lender bring in money, gives it to the seller after pay-off to their mortgage companies if any - and.... the buyer gets the key!

Apr 11, 2017 10:29 PM
Rainmaker
1,149,509
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

$$$$$$ coming

Apr 11, 2017 09:38 PM
Rainmaker
1,217,186
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

Keys exchange.

Apr 11, 2017 08:50 PM
Ambassador
5,366,635
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Exchange of goods and services.

Apr 15, 2017 11:09 PM
Rainmaker
563,429
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Debbie Reynolds gave a great answer - and usually hugs and smiles ensue...

Apr 12, 2017 09:19 AM
Rainmaker
1,381,663
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Money changes hands and so do keys.

Apr 12, 2017 08:58 AM
Rainmaker
819,217
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Money changes hands, someone gets a house, a real estate agent and a few other people get paid.

Apr 12, 2017 08:49 AM
Rainmaker
5,571,411
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the buyer pays .... the sellers gives the buyer the deed to the land ....the seller accepts it.... the deed gets recorded and broker gets paid....

Apr 12, 2017 08:46 AM
Ambassador
3,038,741
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

People move on with their lives ... some celebrate ... some get moving. 

Apr 12, 2017 07:34 AM
Rainmaker
1,457,327
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Closing documents are signed, the Deed is recorded and the new owners get to move into their home.

Apr 12, 2017 06:37 AM
Rainmaker
4,004,437
Richard Weeks
Dallas, TX
REALTOR®, Broker

Documents get signed, and some even notarized.

Buyer gets keys

Seller and agents get paid

Apr 12, 2017 06:09 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

we have a new owner

Apr 12, 2017 05:46 AM
Rainmaker
3,322,852
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The home becomes the buyers home. Here in NH buyer and seller attend closing. Both sign the closing docs, buyer pays amount due, seller hands over keys and closing person hands out money

Apr 12, 2017 05:44 AM
Rainmaker
4,167,375
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Exchange of ownership is completed!

Apr 12, 2017 05:37 AM