Did you know that having the right closing agent can be crucial to the success of your investing business?
Hey Moguls, Cody Sperber here to tell you it’s true. This is one team member whose role should not be minimalized.
Let’s start out by clearly identifying what a closing agent is, then we’ll dive into the requirements of a good closing agent and where to find them.
A closing agent is the person who coordinates several activities necessary to close the sale of your deals.
Your closing agent ensures that all documents and records are completed correctly. The closing agent also makes sure all funds are properly disbursed.
One way of describing the closing agent is as a custodian, and this custodian must be a neutral party. One who is not affiliated with either the buyer or the seller.
Word of Caution: A good closing agent is not easy to find, because as a real…
Cody Sperber
is founder and CEO of www.CleverInvestor.com. He's successfully closed many different types of real estate transactions including wholesale deals, short sales, multi-unit, subject to, lease options and my own proprietary investing strategy, the Reverse Short Sale. As a new investor he quickly gained a huge competitive advantage by mastering online lead generation, building one of the most successful real estate investing firms in the Arizona market. His companies have bought and sold hundreds of millions in properties and closed hundreds of real estate transactions. Before real estate, Cody served in the Navy and attended Arizona State, and he is now married to his best friend and has two beautiful children (Hudson and Brynlee).