Deal & Closing ratio is about to Sky Rocket (if you’re not already doing this…)

[Tom Krol]

If you love consistency and lightening fast deals like I do, try this!

If you have a hot motivated seller, who is remote, and they agree to the deal – DO NOT MAIL, FAX or E-MAIL the Purchase Agreement!

Additionally

If your title company is closing a deal with one of your motivated sellers - DO NOT MAIL, FAX or E-MAIL the Closing Documents!

When you do this you are at the mercy of the seller’s schedule. At best the deal will be delayed, at worst if will be canceled!

INSTEAD 

• Hire a mobile notary! You can find one local to your seller at www.123notary.com
• You should pay around $110.00 (sometimes more in big cities)
• Include their fee in the closing costs paid by the buyer
• Instead of sending anything to the seller you send everything to the notary who schedules a date and time with the seller.

Besides speeding up the entire process it also eliminates many scenario’s that lead to losing a deal (like the seller leaving the contract on the dining room table so her brother-in-law who “knows about real estate” sees it and tells her not to trust investors!)

Let me know how it works out for you.

To Great Real Estate Adventures,

Tom Krol

[Rick H.]

It's all about control. Leave the details up to others and you will be amazed at how many things can get screwed up and/or delayed.

Since at least several of our California metro county recorders' examiners are especially picky about notary seals, we've taken the extreme measure of including an instruction page denoting what the page should and should not have, I guess since there are people who are notaries who don't know how to do their job correctly. 

Since Old Man Murphy (of law fame) and I have met on too many occasions, I'm big on systems that put the odds in my favor.