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From Contract to Closing

By
Real Estate Agent with Keller Williams Realty Coastal Area Partners

� Do you have all signatures and dates filled in the contracts?
� Do you have the earnest money? Has it been deposited?
� Keep file on property with all paperwork at office at all times, Keep a working copy for yourself.
� Do you have all Exhibits & Addendums?
� Provide instructions to the closing attorney.
� Schedule the closing with the attorney.
� Have the Buyers provided the loan officer with all paperwork?
� Follow up with the Buyers loan progress.
� Set up Inspection if necessary.
� Are the utilities turned on for inspection (if applicable)?
� Remove inspection contingency (if applicable).
� Does the property have a C/O?
� Are the Buyers getting a home warranty? Fill out and send off if necessary.
� Remind Buyers of Home Owners Insurance/Flood Insurance etc.
� Do you need a Flood Elevation Cert?
� Coordinate with the loan officer for appraisal scheduling.
� Follow up and maintain communication with the attorney paralegal.
� Stay in steady communication with all parties.
� Are the Sellers out of the house? Is the home in the condition it�s supposed to be?
� Schedule a final walk-thru if necessary.
� Review settlement statement (HUD-1).
� Is the settlement statement correct? Proceeds, loan, commission, etc.
� Remind client/customer to bring license and certified funds to closing.
� Bring listing or selling packet to closing.
� Show up to closing prompt and professional.
� Do the Buyers have keys and all home information?
� If needed get signatures on docs you need at closing (last chance).
� Always recommend Owners Title Insurance (Refer to attorney).
� Don�t leave closing without (HUD-1 & Termite letter).
� Do you have the lockbox and sign?
� Turn sign and lockbox into your office.
� Follow up after the sale!
� Stay in contact with client

Show All Comments Sort:
Justin & Katie Keisler
Hickory, NC

This is an excellent resource - particularly with new agents!

 

Thanks for sharing!

 

 

Jul 15, 2008 07:00 AM
Evelyn Panning
Property Connections Realty Inc. - Alturas, CA

Whew, makes one tired just thinking about everything we do.  You did forget something -- Did you get your commission check from your broker?  After all the work you've done, you've earned it !

Jul 15, 2008 07:11 AM