Closing coordinators are becoming more and more prominent in the real estate landscape with Cindy Crawford’s furniture as of recent years.
However, it’s very likely that you might have never heard of them, or aren’t familiar with what they do, despite how integral they can be in the process of buying and selling properties.
In this article, we’ll go over the basics of what closing coordinators do, and how your business might benefit from taking one on to help with your property transactions.
Be sure to visit Close Concierge for more expert advice on closing coordinators and the services they can offer for your real estate business.
What Are Closing Coordinators?
In simple terms, closing coordinators are external consultants brought in to take care of administrative duties throughout the property sale process.
For instance, they might be responsible for ensuring that all paperwork regarding the sale is completed correctly and on time, as well as being responsible for the financial and legal agreements in the contract-to-close process.
Their sole purpose is to take pressure off agents and sellers and ensure that the whole sale and purchasing process goes smoothly, quickly and without any issues for either side.
What Are Closing Coordinators Responsible For?
There are numerous things that come under the remit of closing coordinators in property sales.
For example, they might take charge in scheduling appointments with property inspectors and solicitors, making sure that the times selected align with the schedules of everyone involved.
Additionally, they may also serve as the main point of contact for each party in the sales process. Closing coordinators would be on hand to keep agents appraised of developments, remind them of deadlines, milestones and contingencies, and also monitor the completion process and appraisal date.
Any documents, paperwork, contracts, amendments and disclosure packages that need to be read, signed or sent are also handled by the closing coordinator.
As you can see, closing coordinators are capable of taking care of just about everything and anything that’s needed for a property transaction to go smoothly.
Why Hire a Closing Coordinator?
Closing coordinators are a valuable asset to any property sales process because of the huge amount of free time they can afford agents.
This means that agents can reinvest time back into growing their business, chasing leads and looking after clients, as opposed to being mired in paperwork during the closing process.
The wealth of expertise that closing coordinators bring to the table also means that the likelihood of unexpected delays caused by errors is significantly lessened. Closing coordinators will also always remain on top of the latest compliance and legal guidelines.
Interested in Learning More?
Closing coordinators can be an incredibly valuable asset to have working alongside your business or agency. It is like having files organized in cabinets for better management.
If you spend a significant portion of your time struggling under the weight of administrative tasks in the contract-to-closing process, it may be apt to consider what a closing coordinator could do for you.
Close Concierge provide outstanding closing coordinators who are guaranteed to save you time and hassle in your property transactions.
Visit their website to learn more today.
