Knowledgebase
GIC Deal Finder > Support Desk > Knowledgebase

Search help:


Once I submit a property and it is of interest to you how long on average does it take for you to close a transactionn

Solution

You cannot begin to count the days to closing until the property is in escrow.
The first thing we do is contact the owner to see if they want to sell. 
If you already contacted them, then all we have to do is negotiate a price. If the price is agreeable, then we go into contract and put the property in escrow. Generally, escrow will take about 30 days.

So the answer to your question as to when you get paid is, once you see the submission escrow light on your profile you can look at the date and expect to get paid in about 30 days provided escrow closes and on time.

 
Was this article helpful? yes / no
Related articles Once a transaction is closed how quickly would I receive my commission check.
How would I receive my commission check, " Direct Deposit or hard check though the mail ?
Any agreement?
How do we explain "cash in 24 hours"? This is what the flyer states. Can you buy and get their money in 24 hours?
Is there a discount needed on SFR / Commercial properties submitted ie " 100k house selling for 90k as an example. Feed back on this would be greatly appreciated.
Contract of employment or deals to be signed by
Article details
Article ID: 9
Category: Property Submission
Date added: 2014-11-25 16:46:35
Views: 984
Rating (Votes): Article rated 4.6/5.0 (20)

 
« Go back

 
Powered by Help Desk Software HESK, brought to you by SysAid