Pre-Closing Coordination
$50.00
Closing Coordination
$350.00-$400.00
$50.00
- Complete commercial contract documents and any corresponding documentation as per agent’s specific instructions (GAR forms only)
- Have all documentation from the listing signed by all parties
- Send documents to agent’s client for review and signing
- Once all documents have been signed the binding date shall be added (if our agent’s responsibility)
Closing Coordination
$350.00-$400.00
- Receive copy of contract and all documents from agent
- Review contract for all signatures, dates, etc.
- Review for any missing documents for compliance requirements
- Notify agent of any irregularities/non-compliance
- Upload contract and all required documents to agent's paperless system
- Complete any documents required by the agent's office
- Notify all parties that we are contact person for the closing and that we are assisting agent
- Send all documents pertaining to closing to necessary parties by preferred method
- Create list with all deadlines and special stipulations and send to agent
- Check with agent to be sure all contingencies and stipulations are handled within deadlines
- Complete various contract documents at the request of the agent (if GAR forms are used)
- Verify that all pertinent documents have been sent to the closing attorney
- Contact lender for updates and to verify appraisal has been ordered if applicable
- Complete and submit commission documentation through agent’s office after earnest money is deposited and all contingencies removed (used as needed if not stipulated in contract)
- Confirm with Closing Attorney that all amendments have been received
- Complete commission documentation as required by agent's office and submit.
- Send signed disbursement authorization to the closing attorney
- Obtain preliminary settlement statement before closing and send by email to agent and agent's client for review
- Obtain a copy of the settlement statement from the Agent along with any other documentation needed/required and upload to Agent’s office
- Mark in each commercial site that property has sold unless syndicated by another listing system
March 13, 2023