TRANSACTION MANAGEMENT SERVICES
 
 
  • We offer Transaction Management Services. If you have both the buyer and seller, we will work the transaction until close. We charge $295 per transaction to manage. We do complete follow up with the buyers, sellers, funding source and title company. We call you to come pick up your check! (you pay us at the closings through the title company)

  • Upon receipt of executed contract the following duties will be done:

  • Have a transaction file folder assembled.
  • Copy of contract and all related documents.
  • Copy of tax record.
  • Copy of comps.
  • Copy of title commitment.
  • Contact information of all parties involved.
  • Documented detail information on transaction process.
  • Send contract to the Title Company.
  • Deliver earnest money to title company if needed.
  • Inform Title Company of contact information for all parties involved.
  • Establish rapport with contact person at Title Company.
  • Ensure that title work is ordered.
  • Circulate receipted copy ($ in Title Company) to all parities.
  • Send execute/receipted copy of contract to lender.
  • Establish rapport with contact person at lenders office.
  • Inform all parties involved in transaction an introduction letter to introduce. Purchase Property Real Estate Service as their point of contact and a timeline of what to expect during the closing process and datelines that need to be meet.
  • If inspections are to be done, we will coordinate times with all parties involved.
  • Review inspection report with buyer and address any needs.
  • Verify a clean termite report and send copy to title company.
  • Address needs if termite report does not pass.
  • If home warranty is purchased, order home warranty and get information to title company to include for closing.
  • Assist buyer in obtaining homeowners insurance.
  • Consistently check with Title Company until title work is complete.
  • Review title commitment for clear title.
  • If title problems occur, assist in helping clear title by what ever means necessary.
  • If there are homeowners association documents to order, make sure they are obtained.
  • If seller is provide previous survey, make sure it is at title company in due time and that it is acceptable to buyer.
  • If new survey is needed, make sure it is ordered and correct.
  • Offer services to lender with assistance to the appraiser to make sure value is obtained.
  • Consistently check with the lender on progress on loan.
  • Obtain information from seller on pay off information and make sure Title Company follows through with pay off request.
  • Coordinate with lender and title company delivery of closing documents.
  • Review HUD1 first, before it is circulated to others for accuracy.
  • Coordinate utility transfers with seller and buyer.
  • Upon receipt of final HUD1, call represented party and review HUD1 with them.
  • Instruct buyer on amount of money to bring to closing in a cashiers check.
  • Consult with seller on how to disperse proceeds. (check or wire transfer).
  • Coordinate closing times with all parties.
  • Make sure keys are available for buyer at appropriate time.
  • Coordinate all check disbursements after funding.
  • Send thank you letters to all parties in your behalf.
  • You have a complete file with all documents for your records.
  • If at any time throughout the transaction you have a question,
  • Please call and we will answer your concerns immediately.
  • For an additional charge, we will send Just Sold postcards to the neighborhood.
  • You determine the type of card and how many you would like to send.
  • The fee for the transaction management service is $295. The fee is payable at Closing.
  • An invoice will be sent to the title company to be paid out of the proceeds of the sale.
  • Please fax your contract to 214-292-8862
  • Our office number is 972-644-9885
  • Thank you for entrusting your transaction to our team. We will take excellent care of your deal with the utmost professionalism.