CLOSING VENUE

Where Do Closings Happen? (Hint: Not Always at the Bank)

Ever noticed how buyers and sellers often hope to meet at the seller’s bank branch to close a property deal? The idea seems practical—hand over the check, sign the docs, and deposit right away. But here's the twist: unless the seller is a VIP client, most banks won’t allow it.

Why Not at the Bank?

Banks generally avoid hosting closings on their premises. It’s not because they don’t want your business—it’s because they’re not set up for it. Meeting rooms are limited (if they exist at all), and branches are focused on serving banking clients, not facilitating real estate transactions involving half a dozen people, folders, IDs, and coffee cups.

Why People Want to Close at the Bank

Sellers like it for one main reason: to deposit the check immediately after signing. It gives peace of mind that the payment has been secured, and any issue with the check can be spotted right away.

Buyers like it because it feels like neutral ground—safer than doing it in someone’s house or an unfamiliar office.

So… Where Do Closings Happen?

In real life? Most often: cafes or restaurants. Yes, your property deal might be sealed over coffee and iced tea.

I’ve offered our office as a venue countless times—but more often than not, they still choose restaurants.

That’s why it’s always good to come prepared—bring coasters (nobody wants watermarks on legal docs), and have tissue ready to wipe off any drink condensation. Your lawyer might even bring a clipboard or placemat, just to keep things professional on a ketchup-stained table.

The Real Reason It Happens This Way

Because the closing isn’t just about money—it’s about convenience, comfort, and creating an environment where both parties feel safe and in control. Whether it’s in a coffee shop, hotel lounge, or fast-food joint, what matters most is that both sides walk away with signed papers, exchanged payments, and peace of mind.

Just remember to pick a restaurant with ample parking and one that’s close to the seller’s bank—so they can still make that all-important deposit.