Streamlines Communications And Scheduling For Real Estate Closings
A Few Words About The Project
- Industry
- Region
- Client since
- Real Estate
- USA
- 2020
A Reputed real estate firm understood the tedious process of Closings and wanted to provide a way which can help in collaboration, management and secure way to schedule a closing with multiple parties involved and a complex documentation process which allows all parties to participate in the closing, take actions, and track the progress.
Solution Offered
Sufalam Technologies derived a solution as per client requirements which allowed all the stakeholders of a particular transaction to streamline and made it completely digital including documents, appointments and payments – integration with payxtrem. The Law has their calendar synced and all the forms prepared to be filled digitally and all the paralegal and attorney are here on the solution to trackdown assigned closing transactions, The buyer and sellers have all the parties at one place and have all the documents and payments managed and notified.
Key Features
- Schedule the closings on the desired dates and fix the closing dates with firm
- Invite all the parties who needs to be there at a single place for particular transaction
- Firm admin prepare / upload for all possible parties and the invited parties will have access to respective forms as per their roles as a predefined templates
- Calendar sync for all the appointments for Law firms attorneys
- Chat and communicate with all the parties on the same platform
- Share the documents with parties who are part of transactions and manage them all at a single place
- Real time notifications for all the closings to invited parties and take actions
- Separate dashboard for all the invited parties to track the transactions and take actions
Solution Benefits
- With the online customized platform, the company was able to Help and streamline all the closings on time and with ease of digital platforms.
- The closing time of particular transaction and collaborating with multiple stakeholders has been reduced tremendously
- All the stakeholders get the notifications on any event which requires their input or their review/action and get to the closings in no time.
- Along with buyer-sellers and law firms the other entire counter parties (Agents, Lenders, Title Searchers, and Notaries) are part of a single platform and do the Quick actions.
Tools Technologies Used
Various tools and technologies are employed in developing applications, enabling efficient workflows and enhanced user experiences.