Admin

Closings Being Pushed Back

By
Real Estate Agent with South Texas Land Team, LLC.

Blogs to me are really good for many different reasons.  One, you can get off on a rant about whatever it is that is bugging you that day.  Two, you can relate a really important topic to everyone else.  Three, you can read about what others have went threw whether it be right or wrong.

Todays Rant.

The never-ending problems with Title Co. and Mortgage Co.  This is not a slam at everyone of them but just the ones in my area.  I keep finding the same old problems of time management or lack there of.  Is it me or does everyone have to continue to keep spurring them up to meet closing dates? 

Having worked in a big city (San Antonio) and now a smaller town (Pleasanton), I have come to appreciate both for very different reasons.  There is a great friendly atmosphere here in Pleasanton, but the same laid back country attitude I enjoy about everyone carry's over to the business world where time is money.  This always turns into having to push closing dates back by a week or more.  Frustrating to say the least.

Solving It.

Solving the slowness of the above mention topic.  How then do you get these company's to keep their promises and their dead lines?  I have alway been told this quote "You can attract more flies with honey, than with vinegar."  I guess giving friendly phone calls or even stopping in to visit them on occasion just to say "Howdy, how is everything going?" might be a good start.  I do have to call them but it is usually to say why are we not closing on time again?  We will see how the honey works.

Sondra Meyer:
EXP Realty, LLC - Corpus Christi, TX
See It. Experience It. Live It.

Hi Ryan,

My favorite way of bribing anyone is with FOOD.  And being sincerly appreciative when a transaction closes. 

In College Station, I use Univeristy Title company a lot.  They have me so spoiled with their outstanding service, that it sometimes my patience gets stretched beyond its limits when I am working with the small title companies in surrounding areas. 

I've pretty much just try to warn my client ahead of time, "This is how it works........and build in a little extra  time.  I'm also convinced that being friendly will always help.  A positive attitude helps keep the client calm also.  

With the mortgage companies, it seems like lately their underwriters are being extra cautious - which adds time.  Since I"ve been teaching a lot this year, I haven't closed as many transactions as I did last year.  However, I've had more delays than last two years combined.  Now, I just try to warn my client ahead of time to expect the unexpected. 

I wish you best of luck and mucho patience!  And, by the way, thanks for your comment on my septic tank story.   

 

  

 

Dec 06, 2007 12:59 PM