What BUYERS Need to Know About the Closing Process

So you’ve made an offer on your dream home, and the seller has accepted…what are the next steps?

Several things still need to happen before the deal can close, and the house can officially become your home.

The closing process (also called the escrow process) generally takes 30-60 days to complete. Much of the work is done behind the scenes by the team of real estate professionals handling your transaction. But you’ll also be involved in several of the upcoming steps.

Here’s an outline of what buyers can expect during the closing process.

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What SELLERS Need to Know About the Closing Process

That 30-60 day period between accepting a buyer’s offer and closing the deal is a busy time for both parties.

While the buyers are focused securing financing and making sure the house is as it appears to be, sellers are mainly concerned with 1) proving that they have the right to sell the property, and 2) making sure the buyers are aware of the true condition of the property.

Here’s an outline of what sellers can expect during the closing process.

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Patrick van den Bossche Featured in Real Estate Broker’s Insider

Reprinted with permission from Real Estate Broker’s Insider. www.BrokersInsider.com

Franchise System President Combines Hard Work, Tech Savvy

Patrick van den Bossche brings an atypical background to his role as president of Realty Executives International, the Arizona-based franchise system with 500 offices and 8,000 agents.

Van den Bossche’s resume includes stints at companies such as Barrett-Jackson Auction Co., the firm known for high-end auto sales, and Echo Automotive Inc.

But van den Bossche — who was named this year to a top job at Realty Executives — is quick to point out that he has held a real estate license since 2005. And he says manufacturing isn’t so different from real estate.

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Hosting During the Holidays? Here’s a Few Tips to Stay Sane.

Hosting family and friends during the holiday can be stressful. Crazy relatives, little ones and of course the family dog, all in one place with different opinions, expectations and food allergies. It may seem chaotic at first, but the tips below can offer some solutions to make you and your home the hit of the holidays.

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Smart Homes are the Next Big Thing

Smart homes are the next big thing. You may not realize it yet, but somewhere your day will be easier because of it. Smart home technology is not only impacting the homes its installed into. Its reach stretches to other industries like business, science and even health care. Continue reading

Realty Executives International Launches EXEC University

Realty Executives International, one of the nation’s leading real estate companies for over 50 years, is excited to announce the launch of its signature agent training program, EXEC™University. EXEC™University is a unique training program laser-focused on propelling real estate agents to the next level in their careers, featuring a free, on-demand training library crafted to increase agent efficiency and productivity.

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Top Five Things Millennial Agents Want From Their Real Estate Brand

Technology is embedded into everything millennials do, which means millennials are relying on and expecting technology to enhance the way they work. This expectation has a direct impact on how technology is applied in most industries, including the real estate sector. Continue reading

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