Here we will discuss the transaction coordination phase. The transaction coordination phase is defined by the terms in the executed WB-11 Residential Offer to Purchase Contract. The seller’s
Dated: September 14 2026
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Here we will discuss the transaction coordination phase. The transaction coordination phase is defined by the terms in the executed WB-11 Residential Offer to Purchase Contract. The seller’s agent is monitoring the action items between the acceptance date of the contract and the option period- deadlines. From the acceptance date to the earnest money deadline, we are monitoring the delivery of the funds by the buyer to the title company. From the acceptance date to the property condition report deadline, we are monitoring the delivery of the report to the buyer by the seller. From the acceptance date to the inspection notice of defects deadline, we are monitoring for an incoming notice to the seller from the buyer. From the acceptance date to the low appraisal deadline, we are monitoring for an incoming low appraisal from the buyer to the seller. From the acceptance date to the financing loan commitment deadline, we are monitoring for an incoming loan commitment from the buyer to the seller. From the clear to close announcement to the scheduled closing date, we are monitoring for any last-minute concerns before we meet to close at the title company. Monitoring will involve ongoing emails that list the action items with the due dates in a check list template. This is about communicating and cooperating with all the parties involved with ushering in the sale while remembering we all share the same goal – a completed sale.
Louis Kutzke is a REALTOR with eXp Realty who has earned the Real Estate Probate and Trust Specialist Certification as well as the Seniors Real Estate Specialist Designation making him a knowled....
Here we will discuss the transaction coordination phase. The transaction coordination phase is defined by the terms in the executed WB-11 Residential Offer to Purchase Contract. The seller’s
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Here we will discuss the offer review phase. Has the buyer making the offer to purchase viewed the house and property in-person? In the offer review phase, the agent and the seller are checking to
The real estate market timeline has created a dynamic where the individual transaction participants will emit a much stronger sense of urgency for a sale than the actual family selling the listed