THRIVE
BUYERS
SELLERS
RANDOM
FINANCE
100

The day that we meet for Thrive

Thursday

100

These are the first two forms you give a buyer

Maine Real Estate Relationships Form (form 3) and a signed agreement. 

100

The first form you present to a seller

Form 3 / Maine Real Estate Brokerage Relationship form

100

The number of days you have to upload any document into paperless pipeline

5 days

100

This letter is given by a lender saying that a buyer is prequalified to buy a home

Prequalification letter

200

The time that THRIVE meets most weeks

10am

200

The app we use to schedule showings

Showingtime

200

This sheet tells a seller what they will approximately net after the sale of their home

Seller net proceeds
200

This form must be signed by all agents, and all parties and is for homes built prior to 1978. 

Lead paint addendum

200

The loan type that is 3.5% down and requires owner occupancy - can be used on 1-4 unit properties

FHA
300

This is the name of the document you fill out with your mentor over the next two years.

Documented field experience form

300

The safety app we use to check into a buyers background if we have never met them before

Forewarn

300

This is where you would write in appliances on the purchase and sale agreement. 

Personal Property.

300

The code for the private Dream Home Real

3437

300

0% down loan program,  only used in certain areas and subject to income guidelines

Rural Development
400

When prompted for a code from Dream Home or need to get inside you'd use this. 

3437

400

The paperwork you would go over prior to closing with your buyer to explain the closing process and costs associated with their upcoming closing.

Settlement Statement/ALTA/HUD

400

The document that you can find online at most towns that will tell you about the square footage and general information about the house. 

Tax Card

400

You submit this to the office to get paid when you have an upcoming closing, your file is uploaded dully (except the 4 closing docs).

CDA (commission disbursement authorization)

400

The lender must submit this letter in accordance to the P&S to let the seller know that application for the loan has been made

Made application letter

500

At the end of the two year term of being a sales agent, you will take this course to continue.

Associate Broker Course

500

You could send a reminder to your buyers to apply for this to save on taxes on their primary residence after one year of homeownership.

Homestead exemption

500

A seller may owe this if they haven't owned their property for more than two years when they sell. 

Capitol gains tax

500

The code for the exterior door

1290

500

This kind of insurance is required by the lender

Lender's title insurance