When a transaction goes under contract we will:

• Coordinate opening of the file with the title and handle all documents securely

• Introduction email/contract to clients, title, lenders & coop agent

• Ensure everything is fully executed with dates, initials, signatures, broker information is completed

• Ensure the buyer’s earnest money deposit is delivered on time

• Coordinate delivery of title, EM deposit receipt, and due diligence documents

• Send/request disclosures and gather signatures if needed

• Confirm inspection has been set up in accordance to Obj deadline 

• Create timeline calendar for contract dates

• Track and follow up on all deadlines/amends & send reminders

• Ensure the lender, title company, and broker receive any amendments or changes to the contract

• Keeping in contact with the title company and lender throughout the transaction

• Provide agent email updates on the status of the transaction keeping you informed

• Order HOA documents if needed

• Collect HOA documents and email to buyer agent or to buyer 

• Monitor appraisal timeline/completion

• Upload all disclosures, documents, reports into agents online transaction management service for contract compliance  per Colorado Real Estate Commission and Brokerage guidelines throughout the transaction

• Problem-solving assistance throughout the transaction

• Maintain constant contact with all parties involved for status updates as well as outstanding items.

• Send your commission instructions to the title once you’ve approved them

• Confirm with Title and Lender that the file is ready to close

• Conduct a pre-closing audit of file 5 days prior to closing to ensure all documents complete

• Verify closing and funding

•  Final audit and upload closing documents to broker/system
  
  —- A great TC will typically free up approximately 15 hours per transaction of a Realtor’s time!