 |  Keep the Transaction on Track Advanced Tip Advanced Tip Advanced Tip Broker Tip Getting to Close Advanced Tip Mortgage Basics Advanced Tip Advanced Tip Advanced Tip Inspections and Repairs Broker tip Closing Countdown Advanced Tip Going for the Close Advanced Tip Advanced Tip Advanced Tip Commission Disbursements Broker Tips Broker Tip Post-Closing Strategies Quiz: Contract to Close Bright Ideas: Contract to Close Code of Ethics: Contract to Close More Resources: Contract to Close | | KEEPING THE TRANSACTION ON TRACK Buyers' Progress Checklist Give the buyers a checklist for their responsibilities during the transaction. | | | Task | Initiation Date | Target Completion Date | Actual Completion | | Escrow instructions prepared | | | | | Deposit to escrow | | | | | Loan application | | | | | Appraisal | | | | | Survey | | | | | Credit report Inspections (radon, lead, home condition, earthquake, termite) | | | | | Employment verification | | | | | Financial verification | | | | | Homeowners’ insurance ( plus flood insurance, if applicable) | | | | | Loan commitment | | | | | Arrange for utility accounts | | | | | Final walkthrough | | | | Salesperson's Progress Checklist Use this checklist to track your responsibilities during the transaction. | | | Task | Initiation Date | Target Completion Date | Actual Completion | | Notify MLS of sale | | | | | Cancel advertising | | | | | Prepare list of comparables for appraiser | | | | | Post sold sign | | | | | Remove lockbox | | | | | Purchase closing gift | | | | Portions adapted from The Seller Solution, Walter Sanford, Sanford Systems and Strategies, Kankakee, Ill. TIP: Ask the sellers permission to keep the keys so you can let the appraiser and home inspector view the property. Time Estimates for Delays > | | |