By Holly Landis
Featured in internal newsletter, distributed to 3,000+ staff members
Take a moment today and look around. Watch how people go about their everyday lives. What do you see them doing? Odds are, they’re using their phone, computer, or tablet to do everything from shopping, reading, or even paying their bills. All of this, and more, can be accomplished today digitally, so why is closing on a home still a slow, paper-filled, time consuming process?
The homebuying process is collaborative in nature, there are many different parties engaging in different parts of the process. To create an efficient and successful experience for consumers, everyone in the closing transaction must work as a team. Technology has slowly found its way into the homebuying process; however, it has been assumed that engagement is only required at the beginning of the loan, that relationships with all stakeholders isn’t necessary, and communication is needed only with the consumer.
The real opportunity to transform the consumer’s experience lies in the ability to engage and work as a team with other stakeholders. Providing guidance, transparency and ensuring consumers understand the closing process, giving you the opportunity to cultivate relationships with them and drive repeat business. Collaborative technology is making this enhanced experience a reality and as a result, a new business model is emerging, resulting in reduced costs and boosted efficiencies. Close better, faster, and cheaper than ever before. Technology enhances collaboration and the value that collaboration brings to the closing process cannot go understated.
Pavaso is transforming the closing process and providing technology that is making it easier for Lenders, Title, Investors and Servicers to collaborate in one unified digital closing solution. The Pavaso Platform is a complete, all-in-one digital solution that allows every stakeholder to seamlessly and securely exchange data and provide consumers the experience they want.
When it comes to being successful in today’s digital world, collaboration is key, and Pavaso’s complete product suite lets you thrive. With products like PavasoDocs, eDelivery of early disclosures, Pavaso eSign, Digital Close Enterprise, Remote Online Notarization, Pavaso SMART Note, and Pavaso eVault, our complete solution delivers an efficient and collaborative homebuying process for all involved. Isn’t it about time we started celebrating closings instead of dreading them?