File Set Up & Property Due Diligence
- Create online files in brokerage compliance systems
- Prepare Buyer Representation Agreement & Addenda, coordinate e-sign completion
Contract Management
- Review the executed contract and all addendums for accuracy
- Confirm all parties signed & Initialed contract
- Confirm executed contract is submitted to Title Company
- Note and track contingencies, exclusions and deadlines
Communication & Scheduling
- Notify Agents regarding inspection arrangements
- Check in with Agent 2 days before End of Option Period
- Prepare post-Inspection amendment request if needed
- Prepare termination notice /option extension requests as needed
Lender & Title Check-in
- Ensure executed amendment sent to Title, Lender, and Agents
- Check in with Lender regarding financing and appraisal status
- Notify Title Company and Agent of any items needing attention
- Confirm loan submitted to underwriting for final loan approval
Preparing for Closing
- Request Disbursement Authorization and resolve issues as needed for DA approval
- Confirm any and all repairs have been completed prior to closing
- Forward receipts and other documents for repairs to title & buyer agent
- Coordinate closing time with Agent, Client, & Title
- Notify client and agent of buyer closing walk thru date and time
Post Closing Transactional File Wrap-Up
- Confirm funding with the Title Company after all parties have signed
