Closinglock launches automated closing updates
“Each actual property closing includes a number of events engaged on completely different duties on the identical time — and infrequently a whole lot of 1000’s of {dollars} shifting alongside that coordination,” stated Closinglock founder and CEO Andy White. “When that a lot cash and that many individuals are concerned, readability isn’t elective. Everybody must know the place issues stand. Automated updates and alerts preserve everybody aligned.”
Closinglock stated the system additionally features a real-time tracker inside a consumer dashboard that shows closing progress and upcoming steps for contributors within the transaction.
“There’s immense worth in offering purchasers with extra information and reassurance all through the transaction, whereas not including to the workload for our workers,” stated Sophia White, operations supervisor at Baillie & Hershman P.C. Regulation Places of work. “I anticipate that the tracker would seemingly scale back some emails and calls to our workers concerning the standing of a consumer’s file as a result of they are going to robotically get that info from the tracker.”
The replace additionally expands the platform’s connections with title manufacturing programs. Closinglock introduced a brand new integration with Settlor alongside present integrations with ResWare, SoftPro and RamQuest.
The integrations permit title professionals to open recordsdata straight from their title manufacturing programs whereas robotically syncing identification verification information fee receipts and signed paperwork.
The corporate additionally launched updates to its doc administration system — permitting groups to retailer doc templates inside the platform — and expanded identification verification choices.
“Our imaginative and prescient has at all times been greater than any single function,” White added. “Actual property transactions transfer cash and data on the identical time. These issues ought to reside in the identical safe platform.”
