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The Closing Company
Seemingly, the role of the closing agent is simple – just go
through list of documents, say “sign here” and confirm all the documents are
signed. What most buyers and sellers miss is the professional team behind
the “closer” and the behind-the-scenes skills of the closer. Prior to the
closing meeting, the closing company may have spent 10’s or 100’s of hours
analyzing the transaction; preparing and gathering documents; and
coordinating the closing responsibilities of the buyer and seller, their
agents, the title company and the financial institution.
When selecting a closing company, look for the following:
Longevity...................... An indication of doing things right for a
sustained length of time
Experience................... The tenure of the team of professionals. Are
they green or been around the block?
Relationships................ Is the closing company well known in the real
estate and financial industries? Good relationships will smooth the process
and facilitate problem resolution.
Smarts......................... The closing company should be a group of
real estate closing specialists.
Discipline..................... Gathering and organizing the “mountains” of
documents and coordinating the process takes hard work, thoroughness,
patience and focus. In other words, discipline.
Leadership................... The closing is the “foot-hold” for your real
estate future. Use a leader that can make the process simple, accurate and
efficient.
Systems...................... Modern technology cannot replace skill and
character, but it can facilitate the work of the closing company for you.
Just like any professional, a good closing company and its
agent will make your CLOSING look easy.
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