A closing agent is a professional who facilitates the final steps in a real estate transaction. Their primary role is to ensure that all necessary documents are prepared, signed, and filed correctly. This includes coordinating with various parties, such as buyers, sellers, and lenders, to ensure a smooth closing process.
During the closing process, the closing agent also handles the distribution of funds, ensuring that all parties receive their payments. They may work for a title company, a real estate agency, or as an independent contractor. Their expertise helps to prevent any legal issues that could arise after the sale, making them a crucial part of the transaction.