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Signed listing agreement to closing

1. Listing Agreement Preparation

Confirm details of the property (address, type, features).

Review and finalize the listing agreement with the seller.

Ensure all necessary signatures are obtained.

2. Pre-Marketing Tasks

Conduct a comparative market analysis (CMA).

Prepare a property description and highlighting features.

Schedule professional photography and/or virtual tours.

Gather necessary disclosures and documentation from the seller.

3. Marketing the Property

List the property on Multiple Listing Service (MLS).

Create and distribute marketing materials (flyers, online ads).

Utilize social media platforms for property promotion.

Host an open house and schedule private showings.

4. Receiving Offers

Monitor incoming offers and communicate with the seller.

Review each offer with the seller, discussing pros and cons.

Prepare a counteroffer if needed.

5. Offer Acceptance

Accept the best offer and notify all parties involved.

Ensure that the buyer submits the earnest money deposit.

Schedule the home inspection and appraisal.

6. Due Diligence Period

Coordinate with the buyer’s agent for inspections and repairs.

Review inspection reports and negotiate necessary repairs or concessions.

Ensure the buyer completes their financing process.

7. Title and Escrow Process

Open an escrow account and provide necessary documentation.

Order a title search and obtain title insurance.

Ensure any liens or encumbrances on the property are addressed.

8. Finalizing Financing

Work with the lender to ensure all financing conditions are met.

Review the closing disclosure with the buyer.

Confirm the buyer’s funds are ready for closing.

9. Closing Preparation

Schedule the closing date and time with all parties.

Prepare closing documents, including the deed and settlement statement.

Ensure all parties have necessary identification and documents for closing.

10. Closing Day

Conduct the final walkthrough with the buyer.

Review and sign all closing documents.

Transfer keys and any necessary property documentation to the buyer.

Confirm that funds are disbursed and the transaction is recorded.

11. Post-Closing Tasks

Provide the seller with a closing statement.

Send a thank-you note to the seller and/or buyer.

Update the property status in the MLS and other marketing platforms.

Follow up with the buyer for feedback and potential referrals.

This checklist will help ensure a smooth transition from listing to closing for real estate organizations.

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