Learning Center > Closing the Deal > Managing the Details

Managing the Details

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Check with the title company to assess when they need additional information and whether there will be any problems that could affect obtaining title. Ensure that both you and your Buyer receive copies of all documents pertaining to the transaction. Have the Buyer sign to acknowledge that he/she has received his/her copies. Make sure that the Buyer meets and removes all contingencies within the time limit provided or get an extension, if needed, signed by both you and the Buyer. Keep you abreast of the Buyer's application for a loan and the progress of the appraisal on your home. Work with the appraiser to arrange for entry to the property and to answer any questions he/she may have about the home or neighborhood. Agent will also provide the appraiser with the most recent comparable sales in the area. Make sure that the Buyer increases their deposit in a timely manner. Coordinate and attend as many inspections as possible and keep you informed of all findings. Once the inspections are complete, negotiate for you if any problems arise. Cooperate with the Buyer and others involved ensuring that corrective work is completed according to the terms of the contract. Ensure that all documents are ordered and drawn, including your loan pay-off and insurance for the Buyer. Do their best to have your closing papers drawn one week before Close of Escrow (COE) so that if any problems arise, your agent can solve them while remaining within the time frame you expect.