Broker/Office Requirements

• Ensure all documents are collected and signed by all parties

• Upload all contract documents into compliance system

• Complete required forms/documents required by Broker

• Change Status in MLS to contingent/pending and close out after closing

Contract

• Contact client, cooperating agent, lender & title company and introduce ourselves as a member of your team

• Thoroughly review and complete all deadlines and timelines

• Prepare amendments as instructed by agent and follow up on signatures

• If the agent uses google calendar, we help manage and add appointments to it.

Closing

• Confirm with lender that closing is on target to close on time

• Coordination of closing time and date with all involved parties

• Request earnest money from Broker or let title company know it will be taken from commission

• Order Home Warranty and send to title company

• Utility contact sheet sent to buyer

• Send client address to closing

• Track preparation and review of the settlement statement​

• Schedule final walk-through

• Confirm receipt by buyer of final amount due at closing

• Confirm receipt by seller of proceeds figure

• Email copies of any needed documents to the title company to be printed off and signed at closing

Financing (regardless if seller or buyer side)

• Send all necessary completed documents and amendments

• Confirm  buyer has made application

• If our buyer, send copy of earnest money to lender

• Make sure appraisal has been ordered

• Confirm insurance has been obtained with lender.

• Follow-up with lender for appraisal results

• Confirm CD has been acknowledged by buyer in time for closing

Inspections

• Schedule & coordinate home and termite inspections

• Remind agent of deadlines

Title Company

• Send all necessary completed documents and amendments

• Remain in constant contact throughout transaction