Online Transaction Management Systems (OTMS) have been available to title companies for several years now. But its true usefulness has often been a topic of debate. I think however the debate should stem from which system is better rather then is a system useful. An OTMS with limited functionality would of course provide limited benefit. But we have found an OTMS that has it all. Carnanco has had the privilege of being involved in their rollout in the Pennsylvania Market these last couple of months and would like to share that experience with all of you.
Imagine, if you will, a world where you never have to leave your desk to send a fax. A world where mortgage brokers who lose title commitments never have to ask you to re-fax all 10 pages for the fifth time. A world where no one needs to call you for a file status. A world where your first voice contact with anyone in a transaction is the day before settlement, and it’s a good thing!
This world exists!
It was created by an OTMS.
ClosingSite is a service designed for Closing, Title, and Escrow Companies that adds a new level of service for your customers. Give your customers 24/7 access to closing documents, closing related events, closing party communciations, and closing party contact information.
Real Estate Agents, Mortgage Companies, Insurance Agencies, Appraisers, Inspectors, and all other contributors to the closing process can utilize ClosingSite to coordinate the closing of a property.
ClosingSite provides your customers with a consolidated view of the property information, closing parties, events, communications and documents in a simple and easy to use website. Closing parties can communicate through the site via email, fax, and message posts.
ClosingSite has earned Carnanco’s seal of approval and to be sure that all of our readers have the best service, we have made special arrangements with the ClosingSite company for sales and technical support. If you would like to know more about this system, please contact us for a demonstration.
Cheryl Hartzman is a title insurance agent and industry expert. She specializes in consulting to title agencies and underwriters alike and offers many support services. For more information about her title company go to www.carnancolandtransfer.com. For more information about her consulting and services go to www.carnanco.com
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