So, i had this interesting question my client asked me before we took the keys to your new property, which i thought i'd share the asnwer here
She asked me what if the property isnt ready to be moved in at the time of the key handover.
Totally valid question, however, the answer i gave her was that cliche answer that not a lot of people like hearing. The answer of, we'll cross that bridge when we get there.
Now i get it, we all need to get into our new home in a timely manner. We booked trucks that costs us money by the hour, we have friends that are planning to help us out on their time off.
However, we do have a certain level of trust that we need to have with the other party. This kind of trust is built pretty much right when you book an appointment to see this property, and builds all the way up from the initial showing, to dealing with the offer and so forth.
Now, in this situation, everything was smooth, from the first call to the key handover. And really, i wasnt worried at all that the key handover was going to have any issues.
However, i have been on both ends of not so savvy possession dates, and yes, sometimes unexpected things do happen. We've seen moving trucks not show up, lack of preparedness, with outcomes of garbage left at property, unclean property or people not moving out at the time they were supposed to.
So, how do you deal with this?
Mainly with an open dialogue that happens way before completion date. And, if an open dialogue wasnt really there, you may want to gauge how smoothly the transaction went so far.
Now, with my clients transaction in particular, the process went entirely smoothly. But if there was a hiccup in their process, we would have been all ears.
However, if you were dealing with someone that was a little bit of a pain during the showing process, you can probably predict they would probably be a little bit of a pain in the offer process. And if they were a bit of a pain in the offer process, you can probably predict they'll be a little bit of a pain during subject removal. And so on....so you can see where I'm going with this.
If that was the case, then i could advise my clients on what would happen if the key handover went sideways. And yes, theres different recourses for different situations.
So, we got the keys, property was unaimagineably clean. Just as i sensed it would be. But even though i do have an inventory of recourse, i don't like talking about that with my client if i do sense that we're not going to have any issues or simple dialogue will diffuse the situation.