Third Party Relo company creates last minute snafu.
It was interesting the new twist that occured in a recent closing. The sellers did not decide that our transaction could be under their employers' relocation benefit program until after we were fully under contract and all contingencies had been negotiated, Therefore the buyers had no obligation to comply. Nor did they feel any obligation to comply. After all, why dissolve your legal contract with the current sellers for a "Relo company", who has no obligation to move forward?
This created hard feelings all around. The buyers feeling that they have been taken advantage of and the sellers feeling that they have lost out on benefits they could have received if the sellers had co-operated.
It was ultimately resolved, but the buyers felt slightly out of sorts being "jerked around" by a complication they had nothing to do with, and which they were not contractually obligated to comply with.
