Broker/Office Requirements
- Ensure all documents are collected and signed by all parties
- Upload all contract documents into compliance system
- Complete all forms/documents required by Broker
Condominiums/HOA
- Obtain copies of deed restrictions/condo docs/application and confirm receipt by buyer
- Ensure buyer has made application and performed interview, if required
- Confirm receipt of approval by the title company
Contract
- Contact all involved parties and introduce ourselves as a member of your team by phone and email
- Thoroughly review contract and calendar all deadlines and timelines listed.
- Update to completed status once done.
- Confirm escrow deposit
- Weekly status updates sent to you
Closing
- Disbursement authorization is provided to the title company and checked for accuracy
- coordination of closing time and date with all involved parties - if mail away, confirmation of receipt/return of package
- Ensure all utilities have been transferred accordingly
- Ensure delivery of lender closing documents to the title company
- Review of the settlement statement to ensure it matches the contract
- Schedule final walk-through
- Confirm receipt by buyer of final amount due at closing
- Confirm receipt by seller of proceeds amount
- Ensure Broker has received all required closing documents
Financing (regardless of seller or buyer side)
- Confirm buyer has made application
- Make sure appraisal has been ordered
- Follow-up with lender for appraisal results
- Monitor underwriting process through receipt of loan commitment followed by the clear to close
Inspections
- Schedule/confirm inspections for both home and termite within the time frame of the contract and inform all involved parties
- Prepare repair request if needed and obtain all signatures
- Add copies of all reports to online filing cabinet for storage
Insurance
- Schedule/confirm all insurance related tasks such as 4 point, roof, and wind mitigation
- Provide title company and lender with all documentations and invoices
Title Company
- Ensure all documentation is provided within the contract time frames
- Remain in constant contact throughout the transaction
- Review the title committment
- Acquire existing survey and title policy (if the exist and are still valid)
- Make sure new survey is ordered, if needed
Please contact Paul directly to inquire about any other services not listed above.