Everyone knows that buying a home sucks. The paperwork
sucks. The confusion of the process sucks. The collective experience sucks. The
overall issue isn’t the origination, underwriting or pre-closing, it’s the actual
closing. Because everyone involved in the real estate transaction is
contributes toward or is affected by the closing in some way, it’s safe to say
that the industry has a closing process issue. It’s a problem so multifaceted,
that no one really knows how to fully fix it, which is why it’s been dealt with
the same way for the last 50 years. But what if we told you there was an simple way to get everyone on the same page for closings, to ensure that they happen
the same way, every time, and to transform the consumer’s experience from
dreadful to exciting?
In this episode of Mark’s Minutes, Mark breaks down how to deal
with the closing issue. Who should oversee the closing, what stakeholders can
do to ensure consistent standardized closings, and if there’s a better way to
structure closings. He also discusses how a new solution to closing can offer a
world-class experience for the consumer, by offering transparency, education
and satisfaction.
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