Navigating Convenience: Six Tools for Closing Deals Today

BY

MELANIE DAWN MOLINA WOOD, EDUCATIONAL PROGRAM COORDINATOR, ANYWHERE INTEGRATED SERVICES

.

August 26, 2024

An agent closing a deal on her tablet

The Evolution of Convenience

The luxury of personal shoppers and chauffeurs was historically reserved for the rich and famous. Today, accessibility to online shopping, grocery delivery, and personal driving services are no longer privileges; they are available to everyone. For agents today, it’s not only crucial to understand how technology is causing the industry to evolve, but also to use the tools that are more widely available in order to adapt. After all, you wouldn’t want to become a relic of the past like the video rental store employee, would you?

A Seamless Closing Experience

In the world of real estate, buyers and sellers expect that same level of convenience. Here are several ways you and your title partner can deliver an expedient experience to your clients.

  1. E-Signatures: E-signatures allow parties to sign documents securely from anywhere. No more unreadable contracts!  
  2. Remote Closings: Geographic barriers vanish as sellers and qualified buyers close their transactions with remote online closings like VirtualClose®. The innovative platform brings the closing table to your client wherever they are. After a closing, one client said, “What amazing tech progress – 7 years ago I had to physically travel to [the office location] and now just a quick online session and we’re done!” VirtualClose® is efficient, secure, and hassle-free.
  3. Digital deposits (Zoccam): I remember accompanying my daughter while she drove to the real estate agent’s office during a rainstorm to slip a paper check through a slot on the office door, hoping the check would not get lost on the other side. With digital deposits, buyers can securely submit their earnest money deposits digitally. No more rushing around or dealing with physical checks—just a few clicks, and it’s done.
  4. Clearing Title Issues in Advance: For sellers, addressing any title issues (such as liens or judgments) before the closing is crucial. Clearing these issues early avoids complications and ensures a seamless transfer of ownership. We open your files as soon as we receive your file. We don’t wait until after inspections or other contingency dates have passed.
  5. Cloud-Based Transaction Management: Cloud platforms centralize transaction documents, making them accessible to all stakeholders. Agents, buyers, and sellers can collaborate effortlessly, tracking progress and sharing updates in real time.
  6. Mobile Apps for Coordination: Mobile apps streamline communication between everyone involved. With digital tools like Powersnap! and PulsePoint, you have access to accurate net sheets, easy document sharing, and file updates throughout the process, ensure you can anticipate client needs, provide convenience, and ensure a smooth real estate journey for them.

Tools like these allow buyers, sellers, and you to focus on other aspects of the sale. And by saving you time, they empower you to enhance client interactions and build lasting relationships. Remember, convenience isn’t a luxury; it’s the heartbeat of modern real estate.

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This material is meant for general illustration and/or informational purposes only. Although the information has been gathered from sources believed to be reliable, no representation is made as to its accuracy. This material is not intended to be construed as legal, tax or investment advice. You are encouraged to consult your legal, tax or investment professional for specific advice. 

A headshot of Melanie Dawn Molina Wood

About Melanie Dawn Molina Wood

Melanie Dawn Molina Wood is the Educational Program Coordinator for Real Source University for Anywhere Integrated Services. Melanie Dawn has worked in the real estate industry since 1985; and brings her experience and engaging teaching style to you with a series of high energy, educational real estate classes designed to boost your real estate knowledge and grow your business.

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