How Klozed Simplifies Resale Management for Self-Managed Communities

Learn how Klozed provides a unique advantage to self-managed communities processing their own resales and settlements.

Running a self-managed HOA or COA comes with the challenge of handling complex responsibilities without the infrastructure of a professional management company. From creating accurate resale documents to handling payments and ensuring legal compliance, the demands on volunteer boards and community leaders can be overwhelming. That’s where Klozed steps in, delivering smart, intuitive technology to make resale processes easier, faster, and more compliant.

Here's a run-down on how we can support the needs of self-managed communities: 

1. Automated Resale Document Generation

Resale packages are often one of the most time-consuming parts of managing a community, especially for volunteers unfamiliar with legal or real estate requirements. Klozed automates the generation of essential documents for the closing process that happens at closing. The system is designed to reduce manual entry, prevent costly errors, and ensure the information is accurate and legally sound, helping both the Board and closing agents stay on the same page.

2. Step-by-Step, Guided Workflows

For Board members or volunteers who may not be well-versed in the nuances of HOA law or real estate transactions, Klozed offers easy-to-follow, guided workflows. These workflows take a settlement agent through the closing process in just a few minutes, transforming complex closings into manageable tasks for non-professionals.

3. Integrated, Real-Time Payment Collection

Klozed streamlines the financial side of resales with built-in tools for collecting payments in real time.  Funds are deposited directly into the association’s account, and payment records are automatically matched with closing documents, eliminating the need for chasing checks or reconciling manual records. Klozed's platform also takes into account any liens or outstanding fees from the previous owner, eliminating the need for a paper trail of payment history. 

4. Ongoing Support and Easy Accessibility

Unlike other tools that leave users on their own, Klozed offers a responsive support team familiar with both the platform and the real-world challenges of community management. Whether you need technical help or guidance on how to handle a specific transaction, support is just a call or message away. And because the platform is cloud-based, board members can access everything they need from any device, at any time.

5. Flexible, Scalable Technology for Any Size Community

Klozed is designed with flexibility in mind, whether your community is a 10-unit condo or a 200-home neighborhood. You don’t need a full-time manager to operate like a professionally run HOA. Klozed gives self-managed communities access to the same powerful tools larger associations use—without the overhead.

To learn more about how to use Klozed for self-managed communities, take a tour of the platform and get to know key features and benefits in our self-managed community section.

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