It’s that dreadful feeling, the one that leaves a pit in your stomach. You forgot an appointment with your doctor, you missed a meeting with your kid’s teacher, or you forgot a friend’s birthday. Now you are berating yourself because you forgot to put it in your calendar in the first place. That’s an easy mistake to make with our hectic schedules.
Now double that terrible feeling when you realize you missed your client’s deadline in their real estate purchase contract. Hundreds of thousands of dollars together with the trust they placed with you is now on the line.
Even the best real estate agents will tell you that one time or another they forgot a deadline. Usually all ends well for the parties involved, but there are those horror stories where real estate agents and their brokers are sued, earnest money was not released appropriately, etc; all because a deadline was avoidably missed.
Do you put your dates in your Outlook calendar; or enter them into your Blackberry or iPhone; or do you write them down on your desk calendar; or do you record them the old-fashioned way, in your brain’s memory bank?
No matter your method and how flawless it is, if the date was never entered into one of these sources, you won’t have the necessary reminder.
A great way around this problem and a terrific safety net for you and your clients is to use our REPC deadline reminder feature. When you send your REPC to your favorite escrow officer at Inwest Title Services, they will enter the deadline dates into our system.
Two days prior to each deadline, you will receive an email from us. If a loan officer is involved, they also will receive an email. If your REPC dates change some time throughout the transaction, just send them to your escrow officer and we’ll update our system.
Now, isn’t that peace of mind?!
Tags: Contract Deadlines, Due Dilligence Deadline, real estate agent, Real Estate Purchase Contract Deadlines, Real Estate Purchase Contracts, REPC Deadlines, Settlement Deadline, Title Insurance, Utah Mortgage Loans, Utah Real Estate