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Updated almost 5 years ago on . Most recent reply

Negotiating Repairs/Escrow Account
Hello,
About to finalize a deal with a seller on a potential house hack. The seller has already agreed to cover $5500 in closing costs YAY. The home has knob and tube wiring, that I'm requesting get changed out. I had an electrician friend of mine write me up a quote so that I could present it to the seller for my counter. My friend never actually went to the home.
The seller, to my surprise, countered back with $5000 toward electrical replacement, paid to my electrician friend at closing. My question is: What if I want to shop around different electricians. Can I counter back to change the verbiage to have the repairs in escrow so that I may choose the contractor of my choice, even if I don't want to go with my friend. I just want to be flexible, and actually want to ensure that the electrician of choice feels super solid with a whole house rewire (my friend feels 75% confident in it).
What would that verbiage look like???? My realtor is telling me that it would be paid directly to my electrician and we should go with it.
Thanks