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For some reason our industry thinks speed is the answer to everything. How quickly can we close? That is as crazy as closing at the end of the month. Why do we continue to do this to ourselves?  And by the way, some lenders are now sending out emails to agents saying...

When your brokerage stopped holding escrow you thought it resolved all of your problems in dealing with earnest money checks. Well . . . that is not the case. The problems just became different. Here is how the agent must now navigate through the earnest money issues....

When your buyer is moving from out of state they don't always have access to a local bank. As such, getting a certified check or wire is often difficult because the bank requires the customer to come in person to implement the transaction. This out of state banking...

Here is a short video on scheduling closings on the best day possible for you and your client.  

There are still a few seats open for MCE/CE classes. The next class day is Tuesday, May 28.  You can register at: https://www.blaircato.com/classes/  

Here is a short video on why you don't want to close at the end of the month.  Let's change the industry and stop the madness!!!! Also, in case you missed it I posted our first installment of Brokers in Cars Talking Contracts. New episodes each week!...

In last week's blog about not closing at the end of the month, I promised to discuss interim interest. Here is a short video on the topic. (I hope I did this right. Jordan is out having a baby so who knows if I downloaded it right!!). By the way, I am moving from a...

The last day of April was on a Tuesday.  Blair Cato closed something like 25 houses on that day. On Wednesday I think we closed only 3 or 4. Those closings were mainly the ones that moved from Tuesday because lenders could not get the loan package done in time....

As you may have noticed, many real estate agencies have moved away from holding earnest money. Most of these agencies request the closing attorney hold the earnest money for the transaction. I have spoken to several closing attorneys and most are experiencing similar...