With the world increasingly going digital, it’s no surprise that even the real estate industry is starting to feel the effects. More and more people are beginning to close on their homes virtually, and there are plenty of benefits that come along with this new method. Here are just a few reasons why you should consider a virtual real estate closing the next time you buy or sell a home.
One of the biggest benefits of virtual real estate closings is that they can save you a lot of time. Rather than having to take multiple days off from work (or use up your vacation days) to meet with your lawyer, you can now do it all from the comfort of your own home. All you need is an internet connection and a mobile device and you’re good to go!
In addition to saving you time, virtual real estate closings can also save you money. Since you won’t have to travel to meet with your lawyer in person, you won’t have to worry about paying for gas, parking, or public transportation. Plus, closing virtually can save you on disbursements such as fax, photocopies, and long-distance phone calls that many traditional law firms charge.
Closing on your home is a huge deal—so it’s understandable if you’re feeling a little bit nervous about the whole process. By closing virtually, you’ll be able to do it all from the comfort of your own home (which should help put your mind at ease). Plus, if anything comes up that you don’t understand, you can always ask for clarification without feeling rushed or intimidated.
Are you buying or selling a home? If so, then you should definitely consider closing virtually! With so many benefits (like saving time and money), there’s really no reason not to give it a try. So what are you waiting for? Contact Passgo for your virtual real estate closing today.
Hi! I’m Erin Crocker. I’m a real estate lawyer with over 10 years of experience in Alberta and British Columbia real estate law. I love technology and efficiency. I’m on a mission to create a modern, digital closing experience for buyers and sellers through technology, transparency and sharing knowledge.