On today’s podcast, episode #101, we discuss what happens when someone involved in a real estate transaction decides to backs out of the sale. Once a deal has been made and the documents have been signed, one would think the sale is a done deal. But with the possibility of unforeseen events, a sale is never complete until the final transaction has been made.
What could cause someone to back out of a sale? What are the consequences one might face when choosing to stop a deal from closing? And what type of documents and wording could hinder someone versus aid them if their deal were to suddenly fall apart? All of that and more on today’s episode of KT Confidential – Real Estate Podcast.
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Adrian Trott
Ariel Kormendy
Heather Karloff
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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.
