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Entering Property in MLS Database / Marketing the Listing / The Offer and Contract / Tracking the Loan Process
Home Inspections and Appraisals / Closing Preparations and Duties / Follow Up After Closing

Closing Preparations and Duties

Coordinate closing process with buyer’s agent, escrow officer, and lender

Ensure all parties have all forms and information needed to close the sale

Confirm closing date and time and notify all parties

Assist in solving any title problems (boundary disputes, easements, etc) or in obtaining Death Certificates

Work with buyer’s agent in scheduling and conducting buyer’s Final Walk-Thru prior to closing

Research all tax, HOA, utility and other applicable prorations

Request final closing figures from closing agent (attorney or title company)

Receive & carefully review closing figures to ensure accuracy of preparation

Confirm buyer and buyer’s agent have received title insurance commitment

Provide “Home Owners Warranty” for availability at closing

Review all closing documents carefully for errors

Review documents with closing agent (attorney)

Provide earnest money deposit check from escrow account to closing agent

Coordinate this closing with seller’s next purchase and resolve any timing problems

Have a “no surprises” closing so that seller receives a net proceeds check at closing

Refer sellers to one of the best agents at their destination, if applicable

Change MLS status to Sold. Enter sale date, price, selling broker and agent’s ID numbers, etc.

Close out listing in transaction management program

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