Annette  Lawrence , Palm Harbor, FL 727-420-4041, Making FLORIDA Real Estate EZ  (ReMax Realtec Group)

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Rainer
139,003
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

In my area, Treasure Coast of Florida, it is rare to have a post closing occupancy. Most of my deals provide occupancy at "funding".

Nov 01, 2017 05:12 AM
Rainmaker
3,279,627
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

In Illinois, a holdover by the seller is common. In Florida, closing changes possession. Location, location, location!

Nov 01, 2017 04:58 AM
Rainmaker
1,535,036
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Day of closing 99.9% of the time. Chicago suburbs

Nov 01, 2017 04:58 AM
Ambassador
4,218,684
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

No, that would make the seller a tenant in Wisconsin.

Nov 01, 2017 05:01 PM
Rainmaker
540,788
Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

Not in Delaware.  It can happen, but not common.

Nov 01, 2017 10:03 AM
Rainmaker
1,492,550
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

It is not common, but it happens. Sometimes sellers need few extra days, sometimes: few extra months of rent back. #SoCal, los angeles hood.

Nov 01, 2017 09:31 AM
Rainmaker
1,239,371
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

California - COE is common on vacant houses.  COE +2 for occupied or staged houses to allow for moving time.

Nov 01, 2017 08:43 AM
Rainmaker
2,791,645
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

For many sales in San Jose, CA and the entire San Francisco Bay area it is common. It is also expected that the seller will not pay to stay and occupy for an additional 30-60 days. This has been happening for years. 

Nov 01, 2017 08:23 AM
Ambassador
2,355,704
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Day of Closing = Day of Occupancy. 

     I am in Tallahassee; I have also been a Board member of OMCAR (Ocala), RASM (Sarasota), OCAR (Orlando).  I have closed transactions in other Florida towns and cities.   It's the same everywhere in Florida.

     Buyer occupy prior to close, or Seller continues to occupy after closing, can create a legal nightmare.  If you absolutely have to do it, have a lawyer draw up separate lease documents detailing insurance, liability, etc.

Nov 01, 2017 07:23 AM
Rainmaker
771,452
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Day of closing occupancy here in Boise Idaho.

Nov 01, 2017 07:01 AM
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Day of closing here.

Nov 01, 2017 06:59 AM
Rainmaker
3,338,344
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Common?  Typical? Usual?   The practice can and does vary by each individual transaction and the parties involved.   It's important to know and understand the practices and documents involved in your area.  That's true in my Los Angeles County area of California as it is elsewhere.  

Nov 01, 2017 06:09 AM
Rainmaker
1,066,839
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

New owner takes possession of the property at closing in Atlanta.

Nov 01, 2017 05:50 AM
Rainmaker
846,015
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Here in Miami you get the keys at the closing table. I have never had a PCO. 

Nov 01, 2017 05:44 AM
Rainmaker
564,001
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

In Cody, Wyoming we typically take possession at closing.

Nov 01, 2017 05:43 AM
Ambassador
3,315,892
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

We see it on occasion - especially in this market when sellers are having trouble finding their next home - in Charlotte but, it's not 'the' common practice by any stretch of the imagination!

Nov 01, 2017 05:34 AM
Rainmaker
3,098,468
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

No, not in Charlotte. Sellers virtually never occupy the home post-closing. Typically they are moved out the day before.

Nov 01, 2017 05:31 AM
Ambassador
1,641,860
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

We have table funding in Oklahoma so once all monies are received title transfers. Possession is a separate part of the contract but typically same day.

Nov 01, 2017 05:00 AM
Rainmaker
4,451,162
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Annette,

Michael Jacobs and Ryan Huggins - Thousand Oaks, CA represented our state really well.  A

Nov 01, 2017 02:39 PM
Rainer
2,560
Cinnamon Boffa
Re/Max Realty Services - Bensalem, PA
Working w/Sellers and buyers for residential homes

Cinnamon Boffa Bensalem, PA 215-245-2121

In Bucks and Philadelphia area the buyers and sellers meet at the settlement table and when it is completed the buyer owns the home and the sellers have all of their belongings out of the house.  It is rare for the seller to stay after settlement.

Nov 01, 2017 12:30 PM
Rainmaker
514,643
Elva Branson-Lee
Solid Source Realty GA - Atlanta, GA
CDPE - Atlanta Real Estate & Short Sale Agent

In the Atlanta, GA market, possession at closing is common practice. 

Nov 01, 2017 06:52 AM
Rainmaker
5,385,126
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Post closing occupancy is not common in our area.

Nov 01, 2017 06:34 AM
Rainmaker
4,998,576
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I'm in Massachusetts.... the day of occupancy is typically after the documents are signed and prior to recording the deed!!  that's common practice...however, I have builders who will not give the keys unless the deed is recorded and he has the proceeds!! we close those at the Registry of Deeds.... most resale homes will allow the buyers to begin moving furniture in after the closing and prior to recording ( and recording happens within a few hours.)

Nov 01, 2017 06:32 AM
Rainmaker
706,046
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

NW AZ = pre- and post- possession are relatively rare, require additional paperwork and disclaimers. Typically, property, keys and possession are transferred at Recordation/COE.

Here's a good article about pre and post possession necessities:

https://www.asreb.com/2016/02/the-dodd-frank-act-and-post-possession-agreements/

Nov 01, 2017 06:07 AM
Rainmaker
1,543,725
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Not too common in Florida, but we do see it in California

Nov 02, 2017 08:42 AM
Rainmaker
631,078
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Once you close in NY's Capital Region, it's yours unless a rent back agreement (which attorneys typically hate!) has been agreed to prior.  

Nov 02, 2017 04:30 AM
Ambassador
3,983,049
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

98% of the time, possession in Clarksville TN is given at closing.

Nov 01, 2017 08:15 PM
Rainmaker
3,982,614
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I very seldom see a occupancy other than right after closing the same day

Nov 01, 2017 06:23 PM
Rainmaker
217,602
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

In the Phoenix area, we frown on Pre and Post Possession. Too much liability, too many things to go wrong. It does make it a little more complicated if the seller does not want to leave until closing. I have literally had sellers going out the back door while the buyers were coming in the front door.

Nov 01, 2017 12:06 PM
Rainmaker
1,015,377
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

COE

Nov 01, 2017 06:48 AM
Rainmaker
1,323,024
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Not common but it does happen on occasion.  Central Washington State.

Nov 01, 2017 06:43 AM
Rainmaker
2,455,979
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Keys are given to an empty place asap from coe Riverside CA

Nov 01, 2017 06:41 AM
Rainmaker
735,200
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

CT - no, sellers move out by closing day. Occasionally, permission is granted with a legal document for a slight extension. I don't favor the practice.

Nov 01, 2017 06:39 AM
Rainmaker
576,879
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Mississauga, Ontario (a suburb of Toronto, Ontario) occupancy usually takes placing on the completion date. 

Nov 01, 2017 06:13 AM
Ambassador
4,300,186
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It is not - in most part of Eastern MA.

Aug 02, 2018 10:12 PM
Rainmaker
1,039,793
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

No not common place I would say it happens some but rarely in the N. Virginia area

Jan 11, 2018 03:57 PM
Rainmaker
523,999
Jonathan Hall
William Pitt Sotheby's International Realty - Danbury, CT
Realtor - Danbury,CT Area Real Estate~203-417-0523

Sellers out completely the day of closing.

Nov 30, 2017 01:24 PM
Rainmaker
4,084,534
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We were one of only a few states that kept a practice of the Seller having 3 days in the home after closing until 2-3 years ago.  Now, we all TRY to get possession day of closing, but many times a post closing agreement is needed.

Nov 03, 2017 08:11 AM