Contract to Close

SELLER

Verify all contract documents are complete. Obtain any missing initials or signatures.
Send introduction/congrats/what to expect email to Sellers
Send introduction emails to the title company, lender, the buyer’s agent
Complete title company’s agent information form.
Obtain entry instructions for the home inspection
Provide entry instructions for lender to pass to appraiser for appraisal inspection access
Ensure the buyers have submitted the EMD and obtain receipt
Input verification of EMD deposit in the compliance file.
Track all contingencies, using Google Calendar shared with the agent.
Set two agent reminders for contingencies: 3 days and 1 day in advance.
Send any addenda and contingency releases to Lender and Title
If Sellers Pay: Schedule termite inspection and send report to Agent, Lender and Title
Ensure Sellers order HOA or Condo Resale Packet
Track delivery and review period of resale documents
Obtain utility info and pass to buyer’s agent
Follow up with lender on contingencies
Coordinate separate seller signing, if desired
Check in with lender regarding appraisal, loan commitment and clear to close
Schedule key exchange and final walk-through with all parties
Send confirmation email to sellers with closing appointment details
Order Home Warranty, if needed
Send Seller closing info email with overview of what to expect at closing and how to prepare home for final walk-through
Obtain ALTA for agent review
Ensure broker compliance file is complete and approved for commission.
Complete greensheet/commission instructions if needed
Confirm that the DA is sent to the title company to ensure that the agent is paid at settlement (DC/MD) or Send check instructions to Title company
Obtain Final ALTA and input in broker compliance file
If rent back applies, coordinate all details accordingly

Contract to Close

BUYER

Verify all contract documents are complete. Obtain any missing initials or signatures.
Send introduction/congrats/what to expect email to Buyers
Send introduction emails to the title company, lender, the listing agent
Complete title company’s agent information form.
Ensure the buyers have the EMD instructions and verify deposit.
Input verification of EMD deposit in the compliance file.
Confirm home inspection time/access with listing agent.
Track all contingencies, using Google Calendar shared with the agent.
Set two agent reminders for contingencies: 3 days and 1 day in advance.
Send any addenda and contingency releases to Lender and Title
Schedule termite inspection and send report to Agent, Lender and Title.
Order Home Warranty, if needed
Correspond with the lender regarding appraisal, loan commitment and clear to close
Track delivery and review period of resale documents
Obtain utility info for Buyer
Send reminders for closing email with utility instructions
Ensure your Buyer has instructions for submitting funds to close.
Obtain ALTA for agent review
Confirm that the ALTA/CD is sent to the buyer.
Schedule closing time and location and send notifications to all parties with details
Schedule key exchange and final walk-through with all parties
Ensure broker compliance file is complete and approved for commission.
Complete greensheet/commission instructions, if needed
Confirm that the DA/commission instructions is sent to the title company to ensure that the agent is paid at settlement (DC/MD) or Send check instructions to Title company
Obtain Final ALTA and input in broker compliance file
If rent back applies, coordinate all details accordingly

Agent Responsibilities

Perform all "Agent Duties"
Ratification of initial contract/addenda
Deliver escrow, if needed
Schedule, attend and provide access for your buyer's home inspection.
Handle all negotiations, including repairs or any changes to the contract
Answer client's contract related questions
Provide verbiage for any addenda needed throughout the transaction.
Review ALTA
Attend settlement
Lockbox removal