After Listing Agreement is Signed
- Review current title information.
- Measure overall and heated square footage.
- Measure interior room sizes.
- Confirm lot size via owner’s copy of certified survey, if available.
- Note any and all unrecorded property lines, agreements, easements.
- Obtain house plans, if applicable and available.
- Review house plans, make copy.
- Order plat map for retention in property’s listing file.
- Prepare showing instructions for buyers’ agents and agree on showing time with seller.
- Obtain current mortgage loan(s) information: companies and account numbers.
- Verify current loan information with lender(s).
- Check assumable loan(s) and any special requirements.
- Discuss possible buyer financing alternatives and options with seller.
- Review current appraisal if available.
- Identify Homeowner Association manager is applicable.
- Verify Homeowner Association fees with manager–mandatory or optional and current annual fee.
- Order copy of Homeowner Association bylaws, if applicable.
- Research electricity availability and supplier’s name and phone number.
- Calculate average utility usage from last 12 months of bills.
- Research and verify city sewer/septic tank system.
- Calculate average water system fees or rates from last 12 months of bills.
- Or confirm well status, depth and output from Well Report.
- Research/verify natural gas availability, supplier’s name and phone number.
- Verify security system, term of service and whether owned or leased.
- Verify if seller has transferable Termite Bond.
- Ascertain need for lead-based paint disclosure.
- Prepare detailed list of property amenities and assess market impact.
- Prepare detailed list of property’s “Inclusions & Conveyances with Sale.”
- Complete list of completed repairs and maintenance items.
- Send “Vacancy Checklist” to seller if property is vacant.
- Explain benefits of Homeowner Warranty to seller.
- Assist sellers with completion and submission of Homeowner Warranty application.
- When received, place Homeowner Warranty in property file for conveyance at time of sale.
- Have extra key made for lock box.
- Verify if property has rental units involved. And if so:
- Make copies of all leases for retention in listing file.
- Verify all rents and deposits.
- Inform tenants of listing and discuss how showings will be handled.
- Arrange for yard sign installation.
- Assist seller with completion of Seller’s Disclosure form.
- Complete “new listing checklist.”
- Review results of Curb Appeal Assessment with seller and suggest improvements for scalability.
- Review results of Interior Decor Assessment and suggest changes to shorten time on market.
- Load listing time into transaction management software.