Your Agents Closing Preparations and Duties

  1. Contract Is Signed By All Parties
  2. Coordinate closing process with buyer’s agent and lender
  3. Update closing forms & files
  4. Ensure all parties have all forms and information needed to close the sale
  5. Select location where closing will be held
  6. Confirm closing date and time and notify all parties
  7. Assist in solving any title problems (boundary disputes, easements, etc) or in obtaining Death Certificates
  8. Work with buyer’s agent in scheduling and conducting buyer’s Final Walk-Thru prior to closing
  9. Research all tax, HOA, utility and other applicable prorations
  10. Request final closing figures from closing agent (attorney or title company)
  11. Receive & carefully review closing figures to ensure accuracy of preparation
  12. Forward verified closing figures to buyer’s agent
  13. Request copy of closing documents from closing agent
  14. Confirm buyer and buyer’s agent have received title insurance commitment
  15. Provide “Home Owners Warranty” for availability at closing
  16. Reviews all closing documents carefully for errors
  17. Forward closing documents to absentee seller as requested
  18. Review documents with closing agent (attorney)
  19. Provide earnest money deposit check from escrow account to closing agent
  20. Coordinate this closing with seller’s next purchase and resolve any timing problems
  21. Have a “no surprises” closing so that seller receives a net proceeds check at closing
  22. Refer sellers to one of the best agents at their destination, if applicable
  23. Change MLS status to Sold. Enter sale date, price, selling broker and agent’s ID numbers, etc.
  24. Close out listing in your management program

Leave a Reply