On the positive side, I like that Balanced considers themselves an escrow agent in an agora setting.
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In April the feds arrested the escrow agent in the deal, Ephraim Frenkel, filing a criminal complaint in federal court in White Plains, N.
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Even worse, by cutting the agent out of his commission, you lose the value of his representation in negotiations and during the escrow process the time when buyer agents really prove their worth.
WSJ: Open House Etiquette
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