This is the easiest part of the entire process.
The only time I do not do this is if there was a divorce on the seller side, a death, etc.
The people at closing normally are: buyer’s agent, buyers, lender, seller’s agent, sellers and the title closer.
If you have had a particularly bad transaction i.e., sellers hate the buyers, buyers hate the sellers, you hate the other agent, you can ask to have the closing done in two rooms. One for the buyer and one for the seller, or you can close at different times to avoid seeing each other. This doesn’t happen often, but it does happen.
You will need to sign the Buyer’s Settlement Statement. There could be one copy, and as many as 6. Sign everything the closer asks you to sign. You may be asked to sign one or two other documents – it’s ok to do so.
The closer will ask you how you want your documents. I always have them sent electronically and then I don’t have to scan them in. You can have paper and e-docs, just paper, your choice. But, you will have to scan the closing documents into your DropBox file.
Closing takes about 1 1/2 to 2 hours, plan accordingly.
If the buyers are taking possession at the time of closing, make sure your buyers have door keys, mail box keys, garage door openers and anything else the sellers were to bring.
If buyers are taking possession later, make sure that buyers and sellers exchange phone numbers so they can coordinate possession.
You can give your buyers a closing gift if you desire, or not. It depends a lot on the rapport you have developed with the buyers.
After the closing, submit the closing documents to your client file in DropBox.
Add the client’s name and new address to your mailing list.