Real Estate brokers are in need of transaction coordination services to give them back time to focus on what matters most.
***See below for details for either Moncord Premier Services or Moncord Insider Services Program***
Please See “Moncord Premier Services” under Services Tab. This is what will be provided.
Mutual Contract to Close: $425
Verify All Documentation
Adoption and integration of brokerage office backend system(s) (DotLoop, Skyslope, etc.)
Personalized Marketing Communication
Online Systems for Tracking All Elements of Transactions
Systematized Communication With Buyers & Sellers
Key Milestone Tracking and Monitoring
Brokerage Compliance Paperwork Submission
And more...detailed below and to be discussed during initial consultation
We are all about giving you back time to focus on what matters most. Here is a more detailed list of what we do that gets you back to Revenue Generating Activities!
Initial File Set Up
Verify all elements of contract (signatures, attached addenda, etc.)
Coordinate earnest money pickup, if representing buyer
Prepare Purchase Sale Agreement Summary (PSA)
Account Manager intro with fully executed mutual and PSA summary communicated with
Selling or Listing Broker
Confirm with all parties home inspection, resale cert and HOA docs have been ordered (if applicable), septic inspection (if applicable) and confirm earnest money (EM) receipt copy.
Account Manager intro with fully executed mutual, timeline, what to expect next.
Our Client we are representing (Seller or Buyer)
Office Compliance and Commission Disbursement prep for Office Manager(s)
Calendar all timelines within online project management system
Client agent receives access to our online and mobile project management tool for comprehensive up to date information, communication, and progress of the transaction
Follow Up and Next Steps
Send EM receipt to all parties once received and respective offices for compliance
If representing Buyer Agent, Coordination Specialist to communicate with seller that home inspection has been scheduled
Send inspection/repair response top all applicable parties
Email Client next steps
Communicate to lender
Request for appraisal to be ordered unless otherwise noted
Commission Disbursement (CD) adjustment if necessary
Send resale certificate/septic docs/any additional addenda to buyer, lender, escrow, listing agent, when applicable
Submit all additional documentation to office for Compliance
Confirm appraisal has been ordered
Confirm appraisal has been received
If no issues with appraisal, communicate to all parties
Confirm repairs have been completed by seller if applicable
Collect and distribute invoices (repair invoices) if applicable
Weekly check-in with selling agent, escrow and lender to confirm everything is on track
Final Countdown Communication
5 business days before closing, verify all is on track
Communicate key coordination with Agents
Reminder of final walk through by buyer to all parties
Confirm signing appointments have been scheduled
Confirm with lender that closing disclosures have been signed
Communicate to seller and buyer once docs have been released
Day of closing, notify our clients docs have been sent out to record
Obtain Final HUD and send with executed documents to buyer or seller, whomever we represent
Add calendar reminder one year out of closing for our agent to follow up with client on 1st anniversary
Please See “Moncord Insider Program Services” under Services Tab. This is what will be provided.
What we provide on Transaction Coordination Basic Services for all Subscriptions
Thoroughly review and double check mutual agreed contracts
Produce a custom branded summary sheet with your logo that will outline all of the deadlines associated with the contract and provide a directory of all the contacts involved in the transaction: (Buyer, Seller, Escrow, Lender, etc.)
Open escrow on mutual contracts
Coordinate EM Deposit (Fill out intake form to let us know where to coordinate)
Weekly Checkpoint communication to help you understand next steps on contracts as they come up
Daily reminders sent via email to give updates on Contract milestone/task due dates and if applicable, add these deadlines to your calendar if applicable
Send buyer and/or seller the utility contact info and the www.Updater.com invitation.
At the end of file, send copy of your contracts and collect the final settlement statement from escrow.
For all inquires about our transaction coordination service, please fill out our contact form.