Initial Steps
All Things EMD
Closing Time!!
Around the Office
Termination, Womp Womp
100

What are the 4 deadlines calculated in a standard contract? 

What are:

EMD

Closing

Inspection

Loan App/Proof of Funds

100
Who should an EMD check be made payable to?

Who is, Your Home Sold Guaranteed Realty?

100

What should be handed into Liza with a buyer closed file?

What is, closed worksheet, VIP buyer agreement, allocation of closing costs (if applicable), closing disclosure, MLS spec sheet, check with yellow sticky?

100

What is the greeting when answering the Office Line?

What is, "Your Home Sold Guaranteed Realty, Laflin & Wolfington Team, this is ____?"

100

What is the first step when receiving a termination for a contract?

What is activating the dead deal action plan in Follow Up Boss?
200

When calculating business days for deadlines, what is day one? 

What is the first business day after the effective date?

200

What is the process when handing in an EMD to Mike?

What is, fill out blue sticky, scan two copies of the check (one with the sticky, one without), attached EMD to piece of paper using sticky note, put in Mike's folder, upload EMD copies to SkySlope File, send copy to related parties (Lender, seller (if listing) and cobroke (if buyer), save emails to buyer side file?

200

How many days do we have to close out a listing on the MLS?

What is 3 business days?

200

When is the weekly admin team meeting?

What is Tuesday at 9 am?

200

Who do the termination documents get sent to on a BUYER deal?

Who is the lender, title company, and Liza/Deidra?

300

When sending out buyer initial step emails, who are the 3 parties we contact?

Who are:

Buyer

Lender

Cobroker

300

How many days in advance should you request an EMD check?

What is 5 days?

300

What should be handed into Liza with a seller-closed file?

What is, closed worksheet, listing agreement, seller title form showing commission breakdown, closing disclosure, closed MLS spec, check with yellow sticky?

300

Where are the sticky notes for checks?

What is in the supply closet?

300

Who do the termination docs get sent to on a SELLER deal?

Who is Liza, Deidra, and Chad?

400

What documents should be included in the BUYER lender under contract email?

What are

P&S

Deed

Map

MLS Spec

Lead Paint Addendum (If applicable)

and Allocation of Closing Costs (if applicable)?

400

What is the process for requesting and EMD check for closing? 

What is, print copy of check with the sticky, fill out white sticky note for Mike, stick sticky to check copy, put in Mike's folder, scan check into SkySlope file, put in tower/red folder for closing?

400

Ideally, at what point in the transaction should the closing be scheduled?

What is one week before the closing deadline (preclosure step)?

400

What is the door code? 

What is 2755?

400

What two documents are required in order to request and EMD on a BUYER termination?

What is the termination of P&S/ICA and Earnest Money Release Authorization?

500

How many minutes do you have to complete your initial steps? 

What is 120 minutes?

500

What forms of payment can we accept for EMD?

What are

Personal Check

Bank Check

Money Order?

500

What are we checking for when we receive a closing disclosure? 

What is, the purchase price, EMD, commission, allocation & home warranty (if buyer side), and seller credit? 

500

Where is the closest fire extinguisher? 

What is in the kitchen?

500

What action plan should be activated in addition to the dead deal action plan for a LISTING?

What is the 'Seller Back on Market' action plan?

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