The one constant is change...those who understand this concept and are able to effectively communicate will be successful.  The others are still asking where to find their MLS books.   

no change for cash transactions but for financed deals I'm changing our minimum 45 day escrow to "60 days or sooner" and I'm sending the Buyers the new info so they are prepared. Our escrow companies are warning us that less than 60 days is likely to fail to close on time.

I'll be working closely with my preferred lender, John Meussner on managing these details. 

I am working on preparing my buyers for the news whech many will not believe at first.

Our title companies are holding classes on CFPB. Initally we'll be writing all financed offers for 45-day closes, but as we become familiar with the working of the new rules we'll work that back to 30 days. I think it's inherent on buyer's agents to lay out a timeline for the buyer, listing agent, and lender from the very beginning of the transaction so everyone knows what to expect and when.

William Piotrowski - have buyers prepared for this change, discuss with them. And personally for me, have more deals in escrow so August does not haunt me...

our closings are usuall 60 days anyday.....

Add 15 days, knit one, purl two...

I'm playing the wait and see game.  It will take longer to get appraisals, for sure.

I'm taking a class on the changes. I hope to be prepared. If I can't do a 30 days closing that is fine. I will make it work. 

Maybe in Illinois but not here in Florida.  I just had a buyer who did a 3 day closing.  If the title company can get it together and it's cash, it closes.