14 Questions
When is the EMD due for the buyer to send to the listing office?
Within 5 days of the executed date
What is the first step once an offer has been accepted?
Begin UC process steps in dotloop
Which document is not required for cash deals?
All of the above
What must be completed and submitted before the inspection due date?
BRI
Which is essential for the UC process steps in dotloop to begin if the offer is accepted?
A and B
What is an important the tasks related to homes with a mortgage?
Confirm mortgage application was completed within the first 7 days
When are the HOA docs due?
Within the first 15 days
What is a requirement related to utilities?
Send utility information to the buyer 1 week before settlement
What is a significant task regarding township inspections?
Check for any required inspections and follow up if needed
Why is a pre-settlement walkthrough signed by the agent needed?
It is required by KW Compliance to receive commission
What 7 documents or items are needed for a new buyer?
BAC, CN, DFI, A.C. 650, Intake Form, Photo ID, Pre-approval
Match the document to the correct phase.
New Buyer = Pre-approval Offer = AOS Mortgage = Appraisal Title = Settlement Notice
True or False: We do not need a copy of the homeowners insurance policy.
False
True or False: Inspection BRI is due 30 days from the executed date.
False
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