Transaction Checklist - Home | Vince BeeMiller

Real estate tRansaction checklist

Pre-Listingq 1. Order and Review Property Profile with Assessor’s Tax Informationq 2. Note Ownership, Legal Name on Title and Legal Description of Propertyq 3. Prepare Market Studyq 4. Enter into Computer Databaseq 5. Send Confirmation for Listing Appointmentq 6. Prepare Personal Listing Information Package for Sellerq 7. Deliver Pre-Listing Information Package to Sellerq 8. Call to Confirm Appointment with Seller, Ask Pre-Appointment Questionsq 9. Present Market Study to Seller, Including Comparable Solds

Listing Presentationq 10. Present Marketing Plan to Sellerq 11. Discuss Preparation Needed to Market Effectivelyq 12. Plan Goals with Sellerq 13. Present Plan of Action to Sellerq 14. Suggest Financial Alternativesq 15. Seller’s Signature on Listing Contract and Addendum

Name:

Address:

Ph: Fax:

Email:

DATE LISTED: LIST PRICE: $

Seller’s Information:

Use this handy checklist with your agent to ensure a smooth and successful transaction!

Pre-Listing • Listing Presentation • Listing Action Plan

Marketing Checklist • Initial Offer Checklist • Under Contract Checklist

MDC ©2015 LAWYERS TITLE

A Subsidiary of FNF | A Fortune 500 Company

Listing Action Planq 16. Advise Staff of New Listingq 17. Obtain Owner’s House Plans, If Applicableq 18. Measure Interior Room Sizesq 19. Measure Exterior Home Dimensionsq 20. Review Lot Size, Land Use and Zoning for Propertyq 21. Organize File in Proper Orderq 22. Make Contact Lists for Sellerq 23. Refer Seller to Agent in the Destination Cityq 24. Order “Just Listed” Labels for Neighborhood Marketingq 25. Call Owner to Schedule Caravan or MLS Tourq 26. Prepare Feedback Fax or Email for Caravan/Tour Participantsq 27. Prepare Property Disclosuresq 28. Prepare Property Data Sheet for Officeq 29. Prepare Showing Instructions and Notify Officeq 30. Obtain Loan Company and Loan Number from Sellerq 31. Verify Current Loan Information with Lenderq 32. Research Loan Pre-Payment Penalties or Loan Assumption Requirementsq 33. Obtain Second Loan Company and Loan Number from Seller q 34. Verify Second Loan Information with Lenderq 35. Review Most Recent Appraisal, If Availableq 36. Research Local Schools Informationq 37. Contact Homeowner Association Managerq 38. Research Homeowner Association Feesq 39. Order Copy of Association Bylaws q 40. Obtain List of Homeowner Association Servicesq 41. Obtain Copy of Complex Layoutq 42. Have Extra Key/Opening Instructions for Lock Boxq 43. Lock Box Installedq 44. For Sale Sign Installedq 45. Brochure Box Installedq 46. Research Utilities/Electric Bills, Water Fees or Rates q 47. Research Sewer/Septic Systemq 48. Confirm Well Status with Well Report (in Specific Areas)q 49. Determine Well Use as Household or Domesticq 50. Confirm Well Productionq 51. Research Natural Gas Availabilityq 52. Verify Propane Tank Lease Term and Rateq 53. Obtain Soil Test Resultsq 54. Obtain CC&Rsq 55. Identify Most Significant Featuresq 56. Identify All Amenitiesq 57. Take Color Photosq 58. Review and File Power of Attorneyq 59. Research and Note All Pro-Rationsq 60. Verify Rents and Depositsq 61. Make and File Copy of Leasesq 62. Coordinate Showings with Tenant q 63. Verify First Right of Refusalq 64. Note Repairs and Maintenanceq 65. Provide Home Warranty Information




q 66. Complete Home Warranty Applicationq 67. Mail Home Warranty Applicationq 68. Receive and File Completed Home Warrantyq 69. Enter New Listing into MLS System

Marketing Checklistq 70. Add Property to Active Inventory Listq 71. Confirm Owner Has Copy of Listing Agreementq 72. Proofread MLS Informationq 73. Arrange Home Staging, If Necessaryq 74. Prepare Marketing Flyer q 75. Deliver Marketing Flyer to Seller for Reviewq 76. Deliver Marketing Flyer to Brochure Boxq 77. Distribute Flyer to All Agents in Target Areasq 78. Mail Flyer to Top 10% of Agents in Areaq 79. Add Property to Website, If Applicableq 80. Schedule Broker’s Caravan/Tourq 81. Promote Property at Board Of Realtors

® Meeting

q 82. Mail “Just Listed” Announcements to Neighborhoodq 83. Plan Print Advertising Campaignq 84. Write Ads for Newspaperq 85. Mail Copy of Newspaper Ad to Sellerq 86. Write Ad for Home Magazinesq 87. Mail Copy of Home Magazines to Sellerq 88. Review and File Loan Information q 89. Update Loan Information in MLS, If Necessaryq 90. Send Feedback Faxes or Email to Agents After Showingsq 91. Review Feedback with Sellers Weekly q 92. Review Weekly Market Studyq 93. Schedule Regular Calls to Seller to Discuss Marketing and Pricingq 94. Pre-Qualify All Buyers, When Possibleq 95. Enter Price Change in MLSq 96. Announce Price Change to All Agentsq 97. Change Price on Flyersq 98. Deliver New Flyers, as Needed

Initial Offer Checklistq 99. Offer Receivedq 100. Contact Agent to Discuss Buyer’s Qualification and Offerq 101. Review Offer with Sellerq 102. Present All Needed Forms to Complete the Sale

Under Contract Checklistq 103. Amend, Counter or Accept Offerq 104. Deliver Signed Offer to Other Agentq 105. All Parties Sign Contract q 106. Provide Copy of Contract to Sellerq 107. Provide Copy of Contract to Selling Agentq 108. Place Copy of Contract in Office Fileq 109. Deliver Original Document to Agentq 110. Notify Escrow of Sale/Open Escrow q 111. Collect Earnest Money and Deposit in Escrow Account




q 112. Deliver Copy of Contract and Addendums to Escrow Officerq 113. Confer with Seller Regarding Additional Showingsq 114. Discuss Game Plan with Other Agent and Lenderq 115. Fax/Deliver Copy of Contract and Addendums to Lenderq 116. Confirm Purchaser Is Pre-Qualifiedq 117. Review Credit Report Results/Review with Sellerq 118. Assist in Arranging Financingq 119. Track and Receive Preliminary Report or Commitment from Title Companyq 120. Review Preliminary Report or Commitmentq 121. Note Title Insurance Requirements/Discuss with Sellerq 122. Satisfy All Title Insurance Requirementsq 123. Confirm Buyer Receipt of Preliminary Report or Commitmentq 124. Confirm Other Agent Receipt of Preliminary Report or Commitmentq 125. Schedule Appraisalq 126. Provide Comparable Sales for Appraiserq 127. Follow up on Appraisal/Appeal for Increase If Appraisal Is Lowq 128. Confirm Verifications of Deposit and Employment Have Been Returnedq 129. Contact Lender Weekly to Track Processingq 130. Relay Loan Status to Sellerq 131. Confirm Buyer’s Hazard Insuranceq 132. Provide Home Warranty for Closing q 133. Coordinate Home Inspection and Review Home Inspection Resultsq 134. Negotiate Payment and Completion of All Required Repairsq 135. Complete Inspection Requirementsq 136. Order Septic Inspectionq 137. Receive and Review Septic Reportq 138. Deliver Copy of Septic Inspection Report to Lender and Buyerq 139. File Copy of Septic Inspectionq 140. Order Well Flow Testq 141. Receive and Review Well Flow Test Report q 142. Deliver Well Flow Test Report to Lender and Buyerq 143. File Copy of Well Flow Test Reportq 144. Order Water Quality Test q 145. Receive and Review Water Quality Testq 146. Deliver Water Quality Test to Lender and Buyerq 147. File Copy of Water Testq 148. Loan Approvedq 149. Confirm Closing Date/Discuss Scheduling with Escrow Officerq 150. Coordinate the Closing with Seller’s Next Purchaseq 151. Schedule Closing Time and Location with Sellerq 152. Discuss Closing Time Schedule with Lenderq 153. Discuss Closing Time Schedule with Other Agentq 154. Schedule Closing Time with Buyerq 155. Schedule Final Walk Through for Buyerq 156. Request Closing Figures from Escrow Officerq 157. Receive and Review Closing Figures q 158. Request Closing Documentsq 159. Add Seller to “Past Client” Marketing Programq 160. Ask Seller for Referrals


