What Good Agents Often Do
A good real estate agent makes a tremendous difference in the sale or purchase of a property. For first-time home buyers, an experienced real estate agent is key to alleviating many of the concerns and answering the numerous questions they will have throughout the transaction. As the transaction comes to a close, the real estate agent should take several steps to ensure the closing is completed as smoothly as possible.
First Time Home Buyers
Many clients are nervous about the sale or purchase of a home, especially if it is their first time doing so. Real estate agents should remember that, in addition to working hard to land a good deal for their clients, they should also focus on being approachable. Clients should feel as though they can call or email their real estate agent with their questions or concerns, no matter how small they may seem. A real estate agent who is friendly and patient will no doubt have clients return for future purchases or sales.
However, at the De Bruin Law Firm, our Real Estate Closing Attorney’s try to fill that role as soon as the contract and title request is submitted to us. We believe we can help facilitate a great closing experience that ensures the agents clients are satisfied and the process is enjoyable.
Helping Your Clients Prepare
Real estate agents help their clients prepare for the closing by ensuring all documents are in order and that the clients fully understand the terms of the sale. Document errors are a common reason for a delay in closing. Clients will be very frustrated if they take time off of work to come to a closing to sell or buy a piece of property, only to find out that a simple error in a document will delay the entire process.
As each offer and counteroffer are made and received on the property, the real estate agent should go through the terms and conditions presented and answer any questions the clients may have. The real estate agent will also discuss potential closing dates with the clients to settle on a date that works for all of the parties. In addition, the real estate agent will coordinate a final walk through of the property before the closing. The agent will again address any concerns that the clients have prior to finalizing the deal.
The real estate agent will also request final closing figures from the closing attorney so that the clients understand how much the transaction will cost them. The real estate agent should also go over all of these numbers in detail to ensure that they match the negotiated terms. The Closing Attorneys at the De Bruin Law Firm will also assist the agents client in understanding the closing numbers.
How Attorneys and Agents Can Help Each Other
Real estate agents should also tell their clients about the different types of documents they will need to sign at the closing. The more clients know about the closing, the more comfortable they will feel during the process. Most clients do not like surprises during these transactions! Real estate agents should explain the closing disclosure, which should arrive at least three business days before the closing. They should also explain the details of the promissory note, the deed, the escrow statement, and the deed of trust. Clients will be much happier when they know about the documents placed in front of them than if they are presented with a stack of documents they have never heard of.
Clients should also understand that they cannot bring a personal check to the closing. Real estate agents should make sure that clients know a cashier’s check or certified check is required at the closing unless the amount owed is over $5,000.00. In those circumstances the De Bruin Law Firm requires funds to be wired no later than 24 hours from the date of closing. Money issues will certainly bring a closing to a standstill.
Contact our offices to schedule a closing today
At the De Bruin Law Firm, our closing attorneys carefully review closing packages to avoid issues during the closing. Real estate agents appreciate our efforts to keep their clients happy. Call 864-770-8880 or visit debruinlawfirm.com to schedule your closing.