Writing an offer

PURCHASE AGREEMENT

• Always Have a Complete Real Estate Package
• Check MLS Doc Box for Disclosures
• Pull Taxes Online for Client Review (BSA Online or Realist)
• Prepare Purchase Agreement (PA) in Advance via MLS (Remine Docs or Instanet Transaction Desk)
• Client to Provide Proof of Funds (POF) or Pre-Approval Letter
• Client to Provide Earnest Money Deposit (EMD) (If not collected prior to offer, note on PA to be collected 24 to 48 hours after acceptance.)

SUBMITTING A PA

• 5 Items necessary to submit an offer:
  • Purchase Agreement
  • Agent Disclosure
  • Proof of Funds or Pre-Approval Letter
  • Earnest Money Deposit (EMD)
  • Seller’s Disclosure & Lead Paint Disclosure (if built before 1978)
• Scan all documents to your e-mail.  Then send all Documents to the Seller’s Agent at the same time.  In the e-mail body give the highlights of the offer.
• Every time a change is made to the PA, or transaction, Create an Addendum.

AFTER OFFER IS ACCEPTED

• Submit all Docs to Lender and Liberty Title (Except Cash)
• Submit all Docs and EMD to the Office Manager (Andy)
• Schedule Home Inspection
• Obtain Clear to Close Position on Loan
• Coordinate 7 Parties to Attend Closing
  • Buyers
  • Sellers
  • Buyer’s Title Company
  • Seller’s Title Company
  • Lender
  • Buyer’s Agent
  • Seller’s Agent

• Be Sure to Inform All of Time and Location

POST CLOSING CHECKLIST

• Send a Thank You Card
• Enter Clients into Smart CRM in KVcore
• Facebook Friend Them
• Ask for a Review or Testimonial (Google, Facebook, Zillow, Realtor.com)

-Printable List of the Above Steps

CORE OFFER DOCUMENTS:
-Writing an Offer (In Depth)
-Tremaine Purchase Agreement
-Agency Disclosure

OTHER DOCUMENTS YOU MAY NEED:
-Addendum to Purchase Agreement
-24 Hour Contingency Clause
-Escalation Agreement
–Mortgage Payoff Form
-Referral Agreement