MY FIRST EMAIL CLOSING!!

By
Real Estate Broker/Owner with Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL 481.010183

I'M EXCITED!! MY FIRST EMAIL CLOSING IS SCHEDULED FOR TOMORROW!  ALL PARTIES RECEIVED CONFIRMATION TODAY BY.... EMAIL OF COURSE!!!

 

The above closing has been set as follows:

 

 

Date/Time:

4/5/12 at Remote/Email

Closing Agent: 

Illinois Attorney At Law, PC

Location:

Remote/Email directly with the attorney for the buyer

Well now, we just did a video closing a few months back which was a first for me.  Before you know it, there will be SMART PHONE CLOSING!! Just go to your instant messaging, text a code, and WHAMO! - pick up your loot from the nearest ATM machine!

 

 

"Where the RIGHT Price is the RICE Price!"

 © Copyright 2012 Rice Property Management, All rights reserved

  Rice Property Management & Realty, L.L.C., serves South Suburban IL &  Northwest IN Residential & Commercial Real Estate. 423 East 158th Street, South Holland, IL 708-862-7423.  We disclaim all liability for any damages or losses, directly or indirectly that may result from use of or reliance on information contained in this blog or for accuracy of comments or opinions of visitors to my blogs.

 

Comments (11)

Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

Don't be surprised to have that happen.  I so prefer email to texting though.  those tiny keyboards and poor maneuverablity.  Ugh!

Apr 04, 2012 05:26 AM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

Yes, technology is updating so rapidly isn't it? 

Apr 04, 2012 05:37 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Diane, Congratulations!!!

But I have not heard of an e-mail Closing before.

Good to see you back in the Rain :)

Apr 04, 2012 11:16 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Aaahhhh the wonders of modern real estate processing and closings!  Amazing, isn't it??  We can now Close through email, Close a loan at someone's work, in their dining room ... portable scanning devices and other technology making it all possible.  Who would have thought we'd be conducting business like this when we started in the business all those years ago, huh Diane??

Glad to see you posting and experiencing such great success!

Gene

Apr 05, 2012 07:30 AM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

GEORGE:  Thanks!  This one was a cash sale, and prior to this we had not heard of it.  Good to see YOU TOO!

GENE:  It really IS amazing!  Thanks for the well wishes! 

Apr 06, 2012 04:41 AM
Florida Management and Consulting Group Inc.
Florida Management and Consulting Group, Inc. - Coral Springs, FL
Real Estate Brokerage and Property Managers

Diane- You won't even have to go to an ATM to get your money- check out Google Wallet. Your smartphone will be your ATM!

May 07, 2012 11:35 AM
Anonymous
Anonymous

Yes, that's what it's coming to isn't it?

May 07, 2012 11:53 PM
#7
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Hello Diane, just thought I'd stop by and see what you're up to.  And this is definitely new to me.I assume there must have been a POA for both principals involved??

Jun 24, 2012 06:06 AM
James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thanks for the connection on Facebook! Please join our group on LinkedIn, ‘REO Institute’. We share information on market conditions, posts, ideas, and comments. Please share your opinions and comments on the Real Estate industry. Thanks, James A. Browning MRE

Jul 13, 2012 05:21 PM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Diane, I was actually involved in a similar closing recently.  My client was on a ship in the North Pacific (near Alaska) and we did most everything by email, but the wife had to attend the closing with a POA.

Great talking to you today...thanks for helping out.

Oct 20, 2012 06:35 AM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I'm texting and using my smartyphone more and more and learning to take pictures and e-mail to myself...I'm getting there * slowly but surely!

Nov 13, 2012 08:49 PM