TinkAgainU
Trust In The Pixie Dust
- Joined
- Dec 11, 2021
- Messages
- 1,591
My broker is a fidelity agent and I've asked her three times to do so but she won't. I was surprised considering fidelity seems to get average to good reviews here!
Related tangentially, does anyone know when/if there's a time you can pull out and not lose a deposit once you've been sent to ROFR?
Just be aware the PURCHASE CONTRACTS differ from broker to broker - I noticed recently that FIDELITY had under Buyer Default section that if the Buyer cancelled after 10 days they would lose their deposit -PLUS- BE LIABLE FOR THE FULL COMMISSION that is usually paid by the Seller. Which seems unreasonable (to me) if the Broker is getting half your deposit, and just going to get the commission on it from the next sale anyway. I now look at Fidelity purchases with less enthusiasm lol. Know what Your specific contract says before you cancel.
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