The Voice for Real Estate: Closing Time Crunch

The typical REALTOR® completed 11 transactions last year, down from 12 transactions, and the number of REALTORS® using social media doubled since 2008. Those are among the stories in NAR’s latest news video, The Voice for Real Estate. Other stories: contract signings hit their highest level in almost 10 years and an expert on federal closing rules says lenders will need to get the new closing disclosure in the mail to buyers a week before settlement. That suggests the August 1 changes to closing procedures could pose challenges for practitioners and others at the closing table as they try to meet new time frames. Access and share The Voice for Real Estate.