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Closing Agent

3 months ago


New York, United States Akam Associates Inc Full time
Job DescriptionJob Description

About the Company: Founded in 1983, AKAM provides unparalleled knowledge, industry-leading technology, cost-saving initiatives, and the best customer service in the industry to every condominium, cooperative, homeowners association, and investment property we service. From comprehensive financial oversight to operations management, compliance administration, and violation removal, we maximize operational efficiency and value for our clients. Our core values include Innovation, Collaboration, Elevation, Accountability & Hospitality.

What we offer: AKAM is proud to be Great Place to Work-Certified™. Learn more about our company by visiting akam.com. Our benefits include several healthcare, dental and vision options, a retirement program, paid time off plans, 11 paid holidays per year, educational reimbursement, transportation discount purchase programs, service, and performance awards – in addition various social and recreational activities.

Responsibilities include, but not limited to:

1. Coordination and Communication:

  • Manage Closing Process: Oversee the entire closing process for real estate transactions, ensuring all necessary steps are completed accurately and on time.
  • Communicate with Stakeholders: Act as a liaison between buyers, sellers, real estate agents, lenders, and attorneys to facilitate a smooth closing process.
  • Schedule and Coordinate: Arrange closing dates and times that accommodate all parties involved, including the signing of documents and disbursement of funds.

2. Document Preparation and Review:

  • Prepare Closing Documents: Compile and prepare all necessary legal documents for closing, ensuring accuracy and compliance with regulations.
  • Review Contracts and Agreements: Thoroughly review purchase agreements, titles, deeds, and other legal documents to identify any issues that could affect the closing process.

3. Financial Management:

  • Manage Funds: Ensure the proper handling of earnest money deposits, down payments, and closing costs.
  • Coordinate Disbursements: Arrange for the disbursement of funds to appropriate parties, such as sellers, real estate agents, and service providers.

4. Compliance and Legal Matters:

  • Ensure Compliance: Verify that all aspects of the transaction comply with federal, state, and local regulations, including disclosure requirements and tax implications.
  • Address Legal Concerns: Address any legal concerns or questions that arise during the closing process, consulting with attorneys as needed.

5. Closing Facilitation:

  • Facilitate Signing: Guide clients through the signing of closing documents, explaining the purpose and implications of each document.
  • Record Keeping: Maintain accurate records of all transactions and communications related to closings.

6. Problem Resolution:

  • Resolve Issues: Proactively identify and resolve any issues that may arise during the closing process, such as title discrepancies or financing challenges.

7. Customer Service:

  • Provide Support: Offer assistance and support to clients throughout the closing process, addressing their questions and concerns professionally and promptly.

Benefits:

  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Vision insurance

AKAM Living Services, Inc., is committed to maintaining a diverse workforce and an inclusive work environment. AKAM is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants are encouraged to apply and will be considered for employment without regard for any characteristic protected by applicable law.