Closing Preparations And Duties

 

  • Contract Is Signed By All Parties

  • Coordinate Closing Process With Buyer's Agent And Lender

  • Update Closing Forms & Files

  • Ensure All Parties Have All Forms And Information Needed To Close The Sale

  • Select Location Where Closing Will Be Held

  • 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

  • Forward Verified Closing Figures To Buyer's Agent

  • Request Copy Of Closing Documents From Closing Agent

  • Confirm Buyer And Buyer's Agent Have Received Title Insurance Commitment

  • Provide "Home Owners Warranty" For Availability At Closing

  • Reviews All Closing Documents Carefully For Errors

  • Forward Closing Documents To Absentee Seller As Requested

  • 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 New Location, If Applicable

  • Change MLS Status To Sold. Enter Sale Date, Price, Selling Broker And Agent's ID Numbers, Etc.

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