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Real Estate Glossary

What's a Closing Agent?

A closing agent, also known as a settlement agent, is the person who makes sure all deals are closed in an effortless way for all parties. They ensure comfort and a thorough following of all procedures.

Closing agents don't only convince the client to take that final step; they also have a series of responsibilities to take care of including:

  • Ensure all parties understand the instructions of the deal
  • Fill up all important legal documents
  • Guarantee all parties have access to all the needed documents
  • Take care of the transactions
  • Ensure that lenders get their money from the new owner