Digital Closings, or Closing in Person?
We all love technology, but what’s the best option most consumers go with when they’re near the end of their real estate transaction?
While most consumers believe the digital process of signing brings a smoother transaction, they still prefer to be face-to-face at the settlement table.
81% of consumers surveyed claimed they would rather close a loan in person – having a qualified professional beside them as they go through the final steps of the transaction helps consumers feel more at ease and comfortable with their decision.
The two most important attributes for a closing agent came down to being “knowledgeable” and “efficient.”
For most consumers, it looks like a “hybrid closing” may be more their style.
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