When managing your real estate escrow, having escrow accounting software makes perfect sense. You can end trust accounting frustration by using software escrow services that can automate all of your real estate documents and make your business more productive and proactive. In fact, software for escrow can end the chaos of escrow bookkeeping and trust accounting and it's all in an easy program.

Escrow management software can be user friendly and save your office extra time and paperwork. Imagine having everything you need for your escrow management software right in one place. With the stroke of a few computer keys, you can have all of your escrow account reports ready in minutes. When looking for real estate escrow software consider the following:

1. Find out the cost involved with your software escrow account setup. Is there an extra cost for the program to be set up to use?

2. Check into the ease of use. Is the real estate escrow software user friendly and will your employees have an easy time learning it?

3. How hard is it to make the transition from your paperwork to the software escrow service? Will this involve extra time and expense?

Action Steps
The best contacts and resources to help you get it done

Talk with a software escrow provider personally

When researching different software escrow companies, it's a good idea to talk with software escrow agents personally if possible. This can ensure that you have a good grasp on how their company operates and how friendly their staff and support team is.

I recommend: Easy Soft has a toll free number where you can talk to someone about real estate escrow software in person. National Software Escrow has multiple ways of contact, including a phone number where they suggest that you call them personally.

Find the best prices on escrow accounting software to fit your budget

Always find out what the fee schedule is for the escrow accounting software you are interested in. Many places offer no-fee media storage and account setup. It's in your best interest to find out these fees before you commit to a software escrow agreement.

I recommend: Law Firm Software has their price right where you can find it easily. National Law Forms is another place that has a set fee that you can easily read right from their website. Both have prices that you can add to your budget without having to wonder what that price will be.

Consider client needs as well as your own when researching software escrow companies

Clients sometimes like to be able to view their file status on the web and can even sometimes start their files online. This can help your time management tremendously because they are helping with the data entry.

I recommend: Millennium Software has a demo of this service that you can view online. SoftPro is another company that has demos you can use online so you can test out their product and see what your customer will see.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Make sure to always ask about hidden costs and monthly maintenance fees, if any, before signing a software escrow contract.