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Faster Real Estate Transactions

quick close real estate transactions

QuickClose: Escrow and Title Solutions

Sellers who choose to participate will sign the QuickClose Closing & Title Services Agreement and fill out the QuickClose Seller Information Form. For a very nominal fee (not designed to be a profit center for the title company), a seller will receive the following benefits:

* QuickClose fee is in addition to customary closing fees
**Some restrictions and additional fees may apply

The QuickClose™ Process is Simple and Fast

  1. QuickClose* prepares seller and seller’s property to close in as much as 7-10 days faster than a traditional closing.
  2. Seller’s entire team is fully in place and engaged from For-Sale to Sold.
  3. Identify potential problems right up front, for resolution before the buyer ever comes along.
  4. A Preliminary Title Commitment is issued and “clear title” requirements understood before the purchase and sale agreement is negotiated.
  5. Signatory requirements are understood and in place, i.e. individuals, multiple sellers, out of state signings, estates, divorce, organizations, corporations, etc.
  6. Loan payoffs and lien release processes in place.
  7. Sellers gain confidence that they are “Clear to Close”.
  8. Buyers favor a property ready to close, giving the seller an edge over other properties in the marketplace.
  9. Marketing and social media assistance is provided to help the seller and seller’s Realtor bring a deal to the table as soon as possible.
  10. Industry leading technology reaches buyers from anywhere in the world with our Virtual Reality Tours & Aerial Photography.
  11. For the first time, QuickClose brings together a complete team dedicated to the smoothest, fastest closing experience possible, from day one.

The Future of Real Estate Transactions

QuickClose places the title agent in a similar relationship with the seller as the Realtors and brokers have. For the first time, a title company will now contract directly with the seller of real property for title and closing services. Ideally the same day the seller places the property on the market.

This direct relationship changes everything with regards to what a title company can and cannot do when providing products and services to its “customer”. In addition to traditional products and services, new products and services can now be added to reflect the earlier involvement in the process. QuickClose offers innovative co-marketing products and services directly to the seller. The title company and the real estate company begin to work together to the benefit of their mutual customer, the seller. It is this dynamic that will fundamentally change the relationships in our industry. Title agents and Realtors can now work together to benefit their mutual customers, with clearly defined roles, absent “conflicts of interest”.

The History of Slow Real Estate Transactions

Under traditional customs and norms, the title company is very limited in its early involvement with a seller of real property prior to seller securing a purchase and sale agreement. Additionally, due to governmental regulations, the title company is restricted from providing benefits, goods and/or services to any third-party service provider, like a Realtor representing a seller in the marketing of their property. Therefore, title companies provide relatively insignificant items to the seller or these third-party providers early on. They may provide a cursory title search, plat map, subdivision CC&R’s or perhaps some open house flyers to assist their “customer”, the Realtor. When, in fact, per governmental regulations the actual “customer” is the seller (buyer’s side of the transaction is not currently addressed with this program). This approach places the title company in the position of offering the Realtors and brokers the very same things every other title company can/cannot offer. The title company pitch is always the same, including the obligatory “we provide the best service”, along with maybe some freshly baked cookies. Hardly the most innovative way to provide the “best service” to the “customer”. In this case the seller, the actual recipient of services.

For the most part, the first time a title company gets directly involved in a real estate transaction is when the buyer and seller enter a purchase and sale agreement and, thereby, identify the title company as a service provider. Even at this point, there is never an actual contract directly between the title company and the buyer or seller. The title company is merely a third-party service provider identified in an agreement signed by two other parties. This approach exposes the title company’s ability to secure a position in a transaction to many outside factors. Most all of which are out of the control or influence of the title company.