SoftPro offers Real Estate Attorney Software with CFA and RESPA compliance. Real Estate Attorneys use these programs to prepare real estate closings, settlements, judgments, foreclosures, short sales, mortgage notes, and commercial real estate closings. SoftPro’s programs help attorneys to train real estate closings; prepare seller/buyer documents; prepare IRS Forms; qualify data packets for IRS, H&R Block, IVA, COBRA; develop trust deeds and other real estate closings; access mortgage tax information; and manage closing schedule, escrow, and title insurance solutions. These programs are available in two versions: Real Estate Attorney Pro and Realtor Simplified.
The programs from SoftPro are ideal for real estate attorneys working in the public law office. When opening a new law office, most law offices have real estate agents responsible for completing the pre-closing paperwork. Unfortunately, closers are often the last ones to learn about closings. Hence they usually have incomplete, wrong, or outdated information. These systems help these law offices by providing electronic pre-closing reports and other important mortgage information. Most of these systems come with a QuickBooks-compatible money-saving report writer, making it easy to prepare monthly reports. In addition, these systems allow real estate agents to efficiently manage bank accounts, pay bills online using a secure internet connection, and transfer funds from their accounts to another account.
In addition, these programs make managing a real estate law firm much easier and more efficient. Law firms face a great deal of administrative, clerical, and financial responsibilities. For example, real estate attorneys have to send out several post-closing notices, obtain approval of a trust deed, or prepare a final billing. Many attorneys use QuickBooks to manage their clients’ accounts. If a client has their banking information in a computer system, this real estate attorney software can be used by that person’s bank to generate the necessary bills and receipts and mail them to the right place.
These software programs also help attorneys’ close real estate closings more efficiently. For example, they usually need to manually enter information into the computer, such as surveyor’s fees, mortgage amount, and closing date. If these entries were done manually, it would take nine hours. However, most closing software programs allow attorneys to enter and save the information into their computer within one to five minutes. This means that attorneys spend only seven to ten hours on a single real estate closing program.
Law offices face an increasingly competitive market. Competition forces many law firms to close their books, and an incredible client experience is crucial to retaining current clients. The goal of any law firm is to help its clients settle their disputes as quickly and inexpensively as possible. Law offices with a quick, easy, and accurate process for closing transactions can maximize the time it takes to achieve this goal.
Another benefit is that law offices using real estate attorney software can also improve their customer service. Having access to client information and retrieving and reviewing it in a fraction of the time it would take using a traditional database is essential to ensuring that customers remain satisfied. In addition, most software programs allow a law firm to access its database at any time, day or night. This allows for regular customer support calls and enables law firms to resolve customer inquiries when they occur.
For real estate closings that take place at the last minute, time is of the essence. Law offices that are well equipped to run these types of real estate closings find that they can complete transactions in much less time than they could if they used traditional database processes. Time efficiency is necessary for law offices that are trying to meet client deadlines.
Another way that having real estate attorney software can benefit a law office is to give them access to its private member’s only section. This area contains crucial real estate attorney tips, resources, and more. Any reputable law firm will make sure to make this section available to members. A great reason to do this is so that members can learn from years of experience. If you want to ensure that your closing process is handled correctly, ensure that your law firm has access to these helpful features.