Realtors Statement Preparation
Assurance Title has been preparing Broker closing statements for decades. A lot has changed since the beginning and we take pride in keeping up with technology and the evolution of the real estate industry.
Protecting your sellers.
We enjoy working hand and hand with the listing agents and your sellers. In today’s world, protecting your seller’s personal information is more important than ever. Assurance Title prefers the utilization of safe technology of a secure portal to obtain vital information from your sellers and to comply with ALTA Best Practices. Please prepare your sellers by explaining our role and how we will assist them through the closing process. The two forms we need to obtain from the sellers early on are the Authorization to Release Confidential Information and the FIRPTA Certification. Therefore, we will require the seller’s phone number and email address. If you have a seller that does not want to work with us electronically, we still need their phone number and we will be happy to meet with them to execute and sign these two crucial documents.
What about the statement preparation process?
At Assurance, we have a slightly different philosophy. Our experienced closing team works together to gather and compile data, keeping up with current market trends and conditions. Although a closing agent is assigned to each transaction, we believe our closing department team members should be ready and capable to step-in at any time on any pending transactions. This diversity gives us strength and keeps all team members up-to-date and informed.
What do we need?
- A fully executed copy of the Offer to Purchase along with any Counter-Offers, Addendums and future Amendments.
- Any knowledge you may have about the property specifics: A shared well or driveway or any repair bills or other things that may affect the seller’s closing statement.
- Lastly, the seller’s contact information (phone & email address).
What do we ask?
Just remember to keep us informed of any changes or adjustments. Any price adjustments, closing date changes, inspection repairs, etc. We want to be sure we can accommodate your needs in a timely fashion.
What is our goal?
To be considered part of your professional team. When your clients are happy, that’s a great reflection on you. Word of mouth referrals are the single most important element for a Realtor’s success. We want to help create that favorable impression.