The Secret To Faster Real Estate Closing

Your commission on a real estate deal doesn’t change if you spend a lot of time on the transaction. If you can speed up closing then you are effectively increasing your hourly rate. Easy HUD real estate closing software by Easysoft is best known for streamlining the HUD 1 form, but it has another tool that greatly speeds up closing: the task tracker.

Organization = Profits

A single real estate transaction involves dozens of steps including meeting with the client, scheduling inspections, reviewing the mortgage and distributing copies of closing documentation. It can be a nightmare tracking all of these steps since if you forget even one of them it can delay or even nullify the deal. Some agents delegate tasks to assistants in order to focus on handling more clients, but then you need to track both your own activities and those of someone else. If you have more than one deal going on simultaneously then the difficulty increases dramatically.

You can try to keep track of tasks on hastily scribbled sheets of paper but that is fraught with even more problems. If you try to create each task list by hand then you run the risk of forgetting steps. If you work from a pre-printed sheet then you lock yourself into a rigid structure and leave no room for specialized tasks that might be needed for certain sales. Inevitably you will get confused and end up using one property’s to do list on another house. What you really need is a task list integrated with the HUD settlement statement.

Built-In Task Management

Easy HUD includes a task management sheet as a part of every case file. The software already has a default list of tasks to use as a template but you can edit that to create your own standard list of jobs for each sale. Add, remove or edit steps on individual task lists to create a list tailored for every sale.

In addition to the description, gives each task a responsible party, a due date and a priority as well as a space for additional notes. Sort the task list with one click so you can easily see tasks by person, due date, completion status or any other factor.

Easy HUD is more than just HUD 1 software. It is a full-featured real estate management tool that is essential in a modern practice. Contact Easysoft to find out the many other ways Easy HUD streamlines your real estate business.

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