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In order to better guide you as a Seller or your realtor as the Seller Realtor, we have come up with a checklist to better guide you along this closing process. Please find below the Seller side Closing Checklist.
[icon name=”check-square-o” class=”” unprefixed_class=””] Review key dates and set reminders: Effective Date, Escrow Deposit(s), Inspections, Contract Closing Date, Expected Closing Date.
[icon name=”check-square-o” class=”” unprefixed_class=””] Introduce all parties for communication purposes and help establish trust among Realtors, Title Company, Buyer, Representatives, Lender, and any other parties involved.
[icon name=”check-square-o” class=”” unprefixed_class=””] Assist the inspection process from a coordination point of view, assist your client with any negotiations made by the buyer side.
[icon name=”check-square-o” class=”” unprefixed_class=””] Confirm that buyers have applied to the association with contract timeframes.
[icon name=”check-square-o” class=”” unprefixed_class=””] Coordinate with the title company a review of any issues on title commitment, lien search, survey, and estoppels.
[icon name=”check-square-o” class=”” unprefixed_class=””] Confirm the Association approval is provided in the name of the new title holder. To avoid delays at closing.
[icon name=”check-square-o” class=”” unprefixed_class=””] Confirm Buyer’s wire transfer for Cash to Close is sent.
[icon name=”check-square-o” class=”” unprefixed_class=””] Coordinate walk-through within 24 hours of closing; coordinate the exchange of keys and access cards with the Selling Agent.
[icon name=”check-square-o” class=”” unprefixed_class=””] Review the final Settlement Statement with the Seller at or before Closing. Ensure prorations, expenses, and proceeds are understood and documented.
[icon name=”check-square-o” class=”” unprefixed_class=””] Help set client’s expectations of Closing Process: signatures, moving logistics, final funding.
[icon name=”check-square-o” class=”” unprefixed_class=””] Receive confirmation that the Seller’s Proceeds have been sent.
[icon name=”check-square-o” class=”” unprefixed_class=””] Confirmation of reception of the Seller’s Proceeds.
