I Sold 2 Hawaii Timeshares...

...and the Broker wants to use an Escrow company in Missouri. I emailed him with the info regarding Hawaii Timeshares requiring the funds be held in a Hawaii licensed escrow company. His emailed response was "We have been using Kelley from QTC for many years. She is associated with Hawaii title and therefore is able to do the closings." I called Kelley and left a message, so far without a response. Anyone have any thoughts whether I should proceed?

bastroum said:

...and the Broker wants to use an Escrow company in Missouri. I emailed him with the info regarding Hawaii Timeshares requiring the funds be held in a Hawaii licensed escrow company. His emailed response was "We have been using Kelley from QTC for many years. She is associated with Hawaii title and therefore is able to do the closings." I called Kelley and left a message, so far without a response. Anyone have any thoughts whether I should proceed?

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As in all things internet and mass communication these days, I don't believe one has to be physically located in Hawaii to be licensed to operate in Hawaii.

I am currently going through a transfer of ownership of a Hawaii resort, but the transfer agent is physically located in Missouri (Sumday Vacations as broker and GreatWay Closings). I don't expect any hiccups as they've gotten good reviews otherwise.

I can't speak to the broker you've chosen to use, but I wouldn't think it out of the norm to use a closing entity on the mainland.

If I'm not mistaken there does need to be some Hawaii representative somehow involved but the mainland companies have figured a work around that does engage someone in Hawaii to make it legit but closing is done in the lower US states.