Escrow Support in a Busy Marketplace
In any marketplace environment, settlement services play a vital role in the sale and purchase of real estate. The complex work done by title and escrow professionals protects everyone involved in a transaction - the buyer, the seller, the lender, and even the agent - and, as busy agents know full well, completing this work is the last step before the keys to a home can change hands.
Your escrow partners manage the safe movement of money between transaction parties and prepares the all-important closing documents - all in within an accurate timeline.
In these past months, as brokers and agents worked tirelessly to meet soaring consumer demand mid-pandemic, our escrow professionals have stepped up to accommodate changing needs:
- We quickly equipped team members working at home with the tools they needed to seamlessly keep transactions moving forward
- We implemented sound safety protocols for those employees who were required to work in our offices
- We provided contactless closings to keep customers and agents safe
No one can be certain how long COVID-19 conditions will last, but the pandemic has clearly highlighted the need to continue innovating and rethinking how processes can and should be done. To that end, we have updated software and social media strategies, updated websites to provide up-to-date information, and developed efficient communication strategies to help keep transactions and closings on track.
We are committed to the promise of doing whatever it takes to create a timely and positive closing experience for you and your clients throughout the pandemic and into the new normal on the other side of it.
For the most current information on processes or alternatives, please call your escrow officer.
Barbara Pronin is an award-winning writer based in Orange County, Calif. A former news editor with more than 30 years of experience in journalism and corporate communications, she has specialized in real estate topics for over a decade.
This material is not intended to be relied upon as a statement of the law, and is not to be construed as legal, tax or investment advice. You are encouraged to consult your legal, tax or investment professional for specific advice. The 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.
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