Selling Agent’s Checklist for Closing

INITIAL TRANSMITTAL TO THE SETTLEMENT AGENT

Listing Agent’s Checklist for Closing

INITIAL TRANSMITTAL TO THE SETTLEMENT AGENT

• Complete, Legible Copy of the Ratified Contract
• Contract Addendums and Disclosures
• Contract Amendments
• Seller Contact Info (phone, fax, email, address)
• Seller’s Payoff Information
• Commission Information to Include Split and Administrative Fees
• Powers of Attorney (if any)
• Notification of any Special Needs of Sellers
• SCHEDULING CLOSING
• Confer with Sellers and Selling Agent
• Schedule Walk –Through with Listing Agent
• Utility Disconnect – Utilities Must be “On” for Walk-Through
• Discuss Vacation of Property to Include Timing and Anticipated Condition of Property

GENERAL INFORMATION TO SELLERS AND/OR PROPERTY REPORTS

• Discuss and Follow-up on Home Inspection Repairs
• Obtain Homeowners or Condominium Disclosure Packages
• Schedule Termite Inspection
• Schedule Well and Septic Inspections (if required)
• Cancel Homeowners (Hazard) Insurance – After Closing
• Arrangements for Child Care (and/or Pet Care)
• Discuss Disbursement of Funds – Occurs After Recordation

FOLLOW UP CONTACT WITH SETTLEMENT AGENT

• Transmit Termite Inspection Report and Other Inspection Reports
• Contract Amendments
• Invoices to be Paid at Settlement
• Notification of Assignment of Funds to Another Settlement Agent