Buyer Side Plan | Your Local Reva

Transaction Coordinator Buyer Plan

Create a Contract loop with Addenda and Add all Available Information
Review Contract for Accuracy. Addendums. and Signatures & Initials
Upload Contract & Addenda to Document Management System
Submit buyer Broker Agreement & all Disclosures for Admin Review
Send Ratified Contract and Addenda to all parties and submit to Admin Review
Send Referral Request to Buyer
Verify EMD is received per contract requirements
Coordinate and Order Inspections: Home/Termite/Well/Septic/Water
Verify that Utilities are turned on for Inspections
Check with Settlement Agent on Initial Title Search to be sure there are no non-curable problems
Obtain all Inspection Reports for the creation of PICRA or release
If PICRA is ratified, submit Ratified PICRA to all parties and Admin for MLS update If Contract is released. submit to all parties for ratification. Admin. coordinate release of EMD
Order Survey through Settlement Agent (if required in contract)
Send Termite Letter to all Parties - if repairs are required. remind Listing Agent about them
Verify Appraisal has been ordered
Check with Lender on Status of Loan and verify that Buyer has submitted all paperwork needed

Remind Buyer to order Homeowners Insurance and to submit any missing paperwork
Check on Loan, Appraisal and Title updates for any potential issues
Review HOA. POA. and Condo Documents for Delinquencies and/or Violations
Send HOA. POA. and/or Condo Resale Certificate(s) to Settlement Agent && Admin Review Collect Receipts for all required repairs from the Listing Agent
Check on Final Appraisal results and any Conditions or Repairs required
Send Buyer a "Closing Instructions" email
Ensure that Home Warranty is Ordered, When Applicable
Review Preliminary CD/HUD to check for the fulfilment of Contract obligations
Coordinate Walk-thru. Closing. Utilities and Key exchange
* Check on Closing Package from Mortgage company. if any. to Settlement Agent
• Submit final signed CD/HUD and Pavdav request to Admin for Review
* Update Agent Database with Buyers' contact and personal information
Request Online Reviews from Buyer (Website. Facebook: Google. Realtor. Zillow)
Update agent's database with Buvers' new and personal information for follow up