I was reminded yesterday about the importance of organization in getting real estate deals smoothly to closing. And maybe given a tip that could be helpful to buyers and sellers, too.
A client sent a brief email to me, his lawyer, and his mortgage officer, summing up what he understood as the status of his purchase, what was happening next, and what questions were still outstanding. It’s been about three weeks since he signed a contract, the inspection is done, and some items that came up in the inspection are being remedied. He let everyone know about the remediations, told the lawyer what the mortgage officer said was needed to get moving on his loan, and asked the mortgage officer what steps are already complete.
It was, basically, a status check and a to-do list. He concluded by asking what, if anything, he could do to help move things along.
It was brilliant, and something I’ve seldom seen a client do. The client is the perfect person to ask those questions — every single one of us is working for him, and we’re accountable to him.
Asking those questions and keeping tabs on all the moving parts is usually my job. And I’ll keep doing it for him, too. But this client’s clearly on top of this process, and I predict this is going to go very well indeed.