DIY Plus

Premium

Description

Yes

Yes

Discuss Seller’s goals, timelines and future plans.

Yes

Yes

Review Listing Agent’s credentials with Seller:

·       testimonials and references;

·       market focus and areas of specialization

·       marketing capabilities and infrastructure;

Yes

Yes

Review Online and Offline Demand Generation strategies with Seller:

·       RMLS and Cooperating Agents

·       IDX Content Syndication

·       Real Estate Portals

·       SEO/SEM

·       RSS Content Syndication

·       Rich Media

·       Email

·       Direct Mail

·       PortlandWaterfront.com/Your-Property-Address

·       SquareSpace Web Publishing Platform

Yes

Yes

Explain the different legal agency relationships. Provide State of Oregon’s “Initial Agency Disclosure Pamphlet.” Determine seller’s preference.

Yes

Yes

Review the different Listing Programs available to the Seller.

Yes

Yes

Determine if Seller and Listing Agent are a good fit:

·       if yes, choose appropriate Agency Relationship, Listing Program, and proceed;

·       if not, refer to another agent that maybe a better match.

Yes

Yes

Research property’s ownership.

Yes

Yes

Verify legal names of owner(s) in county’s public property records.

Yes

Yes

Prepare Listing Contract for Seller’s review and signatures.

Yes

Provide Seller with recent market sales statistics (Active, Pending, Bumpable, Sold and Days on Market). Seller set’s listing price without additional input from Listing Agent.

Yes

Research recent market sales statistics (Active, Pending, Bumpable, Sold and Days on Market) and property’s competition. Prepare “Comparable Market Analysis” (CMA) to establish fair market value. Review CMA with Seller and set listing price.

Yes

Obtain copy of subdivision plat/complex layout.

-

Yes

Conduct property exterior curb appeal assessment. Review findings with seller and provide suggestions to improve marketability. Coordinate activities with qualified contractors or handymen to assist.

Conduct property interior staging and merchandizing assessment. Review findings with Seller to improve marketability. Coordinate activities with qualified stager to assist.

Yes

Measure interior room sizes.

Yes

Yes

Prepare RMLS Property Profile (input data) Sheet and review with Seller (agent is responsible for “quality control” and accuracy of listing data).

Yes

Verify Seller’s parking, car port and/or garage spaces, and additional storage spaces and deed status.

Yes

Prepare showing instructions for buyers’ agents and agree on showing time window with seller.

Yes

Prepare detailed list of property amenities and assess market impact.

-

Yes

Prepare detailed list of property’s “Inclusions and Conveyances with Sale.”

Yes

Explain the benefits of the Buyer’s Assurance and Home Warranty Program. Enroll Seller’s property as needed.

Yes

Compile list of completed repairs and maintenance items.

Yes

Assist Seller with property disclosure forms.

Yes

Ascertain need for lead-based paint disclosure. Provide seller form and pamphlet. Obtain disclosure as required.

Yes

Note any and all unrecorded property lines, agreements, easements.

Yes

Obtain Preliminary Title Report and Trio and review.

Yes

Yes

Order plat map for retention in property’s listing file.

Yes

Obtain house plans, if applicable and available, make copies and post to website (if possible).

Yes

Obtain current mortgage loan(s) information via title company.

Yes

Check assumability of loan(s) and any special requirements.

Yes

Discuss possible buyer financing alternatives and options with seller.

Yes

Review current appraisal, if available.

Yes

Assist in obtaining related Homeowner Association information that is likely to be requested by Buyer:

·       Dues, amenities and services

·       Pet restrictions, if any

·       Articles of Incorporation and Bylaws;

·       CC&Rs;

·       HOA and BOD minutes;

·       Rules and Regulations – including any revisions or amendments; Additional policies, agreements and notices;

·       Verification of Casualty and Liability Insurance for HOA and BOD;

·       Verification of current HOA assessments and any potential HOA special assessment;

·       Reserve studies and current balances

·       Management company contact information;

·       Current HOA Officers and Directors contact information.

Yes

Have extra key made for lockbox.

Yes

Yes

Arrange for installation and payment of yard sign.

Yes

Yes

Install electronic lock box if authorized by owner and program with agreed-upon showing time windows.

Yes

Take additional photos and/or video for use, distribution and syndication in various formats on the Internet and electronic media.

Yes

Yes

Enter property data from profile sheet into MLS listing database.

Yes

Yes

Add property to PortlandWaterfront.com.

Yes

Yes

Syndicate listing across leading Internet Portals and real estate databases.

Yes

Purchase premium advertising on leading Internet portals.

Yes

Yes

Prepare PDF version of property flyer ready for print.

Yes

Provide four color flyers as needed.

Yes

Prepare mailing and contact list.

Yes

Reprint/supply brochures promptly, as needed.

Yes

Create and distribute print advertisements

Yes

Broadcast listing to MDC broker network

Yes

Coordinate showings with owners, tenants, and other Realtors®. Return all calls, answer questions, weekends and evenings included.

Yes

Explain agent’s role in taking calls to screen for qualified buyers and protect seller from curiosity seekers.

Yes

Feedback e-mails/faxes sent to buyers’ agents after showings.

Yes

Provide access to RMLS Property Tracker and review comparable MLS listings, competitor price changes via Property Tracker to ensure property remains competitive in price, terms, conditions and availability.

Yes

Yes

Price changes conveyed promptly to all Internet portals.

Yes

Yes

Promptly enter price changes in MLS listing database.

Yes

Receive and review all offers to purchase contracts submitted by buyers or buyers' agents.

Yes

Contact buyers’ agents to review Buyer’s offer.

Yes

Obtain pre-qualification/pre-approval letter from Buyer’s Agent or Lender.

Yes

Help Seller evaluate offer(s) and options. Explain merits and weakness of each component of each offer.

Yes

Fax/deliver Seller’s Disclosures to buyer’s agent .

Yes

Deliver unrecorded property information to buyer (disclosures).

Yes

Negotiate all offers on Seller’s behalf, setting time limit for loan approval and closing date.

Yes

Prepare and convey any counteroffers, acceptance or amendments to Buyer’s Agent.

Yes

Assist Seller with timeline management to ensure compliance with Sales Agreement throughout transaction.

Yes

When the Sales Agreement is accepted and signed by Seller, deliver signed offer to Buyer’s Agent.

Yes

Obtain acknowledgement of mutually accepted offer from Buyer’s Agent.

Yes

Yes

Open escrow and fax copies of contract and all addendums to closing attorney or title company.

Yes

Yes

Ensure earnest money is deposited within agreed to timelines.

Yes

Ensure all necessary disclosures and HOA related documents are forwarded to buyer in timely fashion.

Yes

Yes

Disseminate “Sale Pending” showing restrictions” as seller requests.

Yes

Deliver copies of fully executed Sales Agreement to seller.

Yes

Fax/deliver copies of Offer to Purchase Contract to Buyer’s Agent.

Yes

Fax copies of fully executed Sales Agreement to lender (if Dual Agency)

Yes

Yes

Archive all copies of fully executed Sales Agreement for office file.

Yes

Advise seller in handling additional offers to purchase submitted between Sale Pending and closing.

Yes

Yes

Change status in RMLS to “Sale Pending” and update all internet sites and ads.

Yes

Yes

Assist buyer with obtaining financing, if applicable and follow-up as necessary.

Yes

Follow loan processing through to the underwriter.

Yes

Contact lender weekly to ensure processing is on track.

Yes

Relay final approval of buyer’s loan application to seller.

-

Yes

Coordinate buyer’s professional home inspection with seller. Explain what inspection items may be required (P&D, Radon, Mold, Sewer)

Yes

Review home inspector’s report.

Yes

Ensure seller’s compliance with Home Inspection Clause requirements.

Yes

Recommend or assist seller with identifying and negotiating with trustworthy contractors to perform any required repairs.

Yes

Ensure Sales Agreement is signed by all parties.

Yes

Coordinate closing process with buyer’s agent and lender.

Yes

Update closing forms and files.

Yes

Ensure all parties (Seller, Buyer, Agents, Escrow, Lender, Appraiser, HOA, Insurance Company) have all forms and information needed to close the sale.

Yes

Confirm closing date and time and notify all parties.

Yes

Assist in solving any title problems (boundary disputes, easements, etc) or in obtaining death certificates.

Yes

Work with buyer’s agent in scheduling and conducting buyer’s final walk-thru prior to closing.

Yes

Request final closing figures from closing agent (attorney or title company). Receive and carefully review closing figures to ensure accuracy of preparation.

Yes

Provide Home Owners Warranty for availability at closing (if applicable).

Yes

Coordinate this closing with seller's next purchase and resolve any timing problems.

Yes

Help ensure that “no surprises” happen at closing.

Yes

Refer sellers to relocation specialist if moving out of area.

Yes

Yes

Change MLS listing, internet sites, ads, etc… status to Sold. Enter sale date and price, selling broker and agent’s ID numbers, etc.

Yes

Yes

Order sign removal.

Yes

Answer questions about filing claims with Home Owner Warranty company, if requested.

Yes

Attempt to clarify and resolve any conflicts about repairs if buyer is not satisfied.

Yes

Respond to any follow-up calls and provide any additional information required from office files.