“Every realty closing includes several celebrations dealing with various jobs at the very same time– and frequently hundreds of thousands of dollars moving along with that coordination,” said Closinglock founder and CEO Andy White. “When that much money which many people are involved, clearness isn’t optional. Everybody needs to understand where things stand. Automated updates and alerts keep everyone aligned.”
Closinglock stated the system also includes a real-time tracker within a client control panel that shows closing development and upcoming actions for individuals in the deal.
“There is tremendous value in offering customers with more understanding and reassurance throughout the deal, while not contributing to the work for our personnel,” stated Sophia White, operations supervisor at Baillie & Hershman P.C. Law Workplaces. “I expect that the tracker would likely minimize some e-mails and calls to our staff regarding the status of a customer’s file because they will automatically get that info from the tracker.”
The upgrade also broadens the platform’s connections with title production systems. Closinglock revealed a new combination with Settlor alongside existing combinations with ResWare, SoftPro and RamQuest.
The combinations allow title experts to open files directly from their title production systems while instantly syncing identity confirmation records payment invoices and signed documents.
The company also introduced updates to its file management system– permitting groups to save file templates within the platform– and broadened identity confirmation options.
“Our vision has actually always been larger than any single feature,” White included. “Real estate transactions move cash and details at the exact same time. Those things must live in the very same protected platform.”