WHAT CAN TURN-KEY TC DO FOR YOU?
EVERYTHING BETWEEN EXECUTED CONTRACT AND CLOSING.
As Transaction Coordinator, Turn-Key TC agrees to exercise reasonable effort and due diligence to achieve the following (if agent does not want TC to provide any of these functions, agent will clearly disclose those matters not to be addressed by TC):
- Maintain confidentiality of client identity and contract terms unless the agent authorizes disclosure of the agent's client's identity.
- Coordinate opening of the file with escrow agent and handle all documents securely.
- An introduction email will be sent providing a timeline of deadlines with a copy of the executed contract to agent representing the opposite side, buyer/seller (your client, as appropriate), lender, and title company.
- Ensure everything is fully executed with dates, initials, signatures, broker information is completed.
- Submit all required contract documents to broker’s compliance system.
- Ensure the title company, lender, and broker receive any amendments or changes to the contract, as needed and appropriate.
- Verify Earnest Money deposit and obtain receipt from escrow.
- Verify inspection date and time. Confirm inspection has been set up in accordance with contract deadline. Ensure all authorized parties have received reports to review.
- Keeping in contact with the title company and lender throughout the transaction.
- Provide all parties weekly email updates on the status of the transaction.
- Update deadlines due to any changes in the contract.
- Collect (and order, if necessary) HOA documents in accordance with deadlines and TC will email to buyer agent or to buyer (depending on the side TC is assisting).
- Order Home Warranty per contract, if needed.
- Monitor appraisal timeline and completion with the lender.
- Coordinate and monitor buyer’s loan status with lender.
- Ensure your buyer or seller is provided a copy of all documents.
- Remind agent to inform the closing agent of commission splits.
- Upload all disclosures, documents, and reports into agent’s online transaction management service as they are received or fully executed throughout the transaction (if applicable).
- Maintain timely contact with all parties involved for status updates as well as outstanding items.
- Verify closing agent has all required documentation.
- Coordinate and confirm final walk-through, if TC is requested to.
- Confirm scheduled signing appointment for client and agent.
- Conduct a final review of file 7 days prior to closing to ensure all documents are uploaded and the file is complete and follow-up on those documents not yet complete.
- Upload final closing statement to online transaction management service for compliance.
- Order For Sale sign to be taken down and removal of any staging furniture, if requested.
- Provide copy of the transaction file electronically to the agent.
- Copy will be provided to agent and buyer or seller upon completion of transaction.
- Be available Monday through Friday from 9am-5pm Central Time on days when the title companies are open. Turn-Key TC will observe national holidays when title companies observe them.
- Start files and open escrow on all new contracts submitted within 24 hours of receipt of contract. Contracts submitted over the weekend will be opened on Monday or the next business day, in the case of a holiday.
READY TO PARTNER
WITH TURN-KEY TC?
1.) Fill out the AGENT AGREEMENT FORM to start our working relationship.
2.) Then for each new contract, fill out the NEW CONTRACT INTAKE FORM.
CONTACT SHAWNA SHEWEY AT TURN-KEY TC:
