Contract-to-Close Coordination
From the moment a file is opened through closing day, Stellar Closings Hub helps keep your transactions organized, deadlines on track, and communication flowing. Below is an overview of the services included in contract-to-close coordination.
Have a specific need that isn't listed? Interested in customizing your package? Just ask! I'll do my best to accommodate your workflow and business needs.
Upon Opening Your File
File Review & Setup
Review the executed contract for completeness, including required signatures, initials, and dates.
Check for applicable addenda, brokerage-specific forms, and seller disclosures.
Distribute executed contract documents to the appropriate parties, including the client, agents, title company, and lender, when applicable.
Send an introductory email with party contact information, a transaction timeline, and an overview of the transaction coordinator's role.
Follow up on the initial escrow deposit and obtain confirmation of receipt or an escrow deposit letter.
Throughout the Transaction
Deadline & Document Management
Track contractual deadlines, including escrow deposits, inspection periods, loan commitments, and title commitment requirements.
Send deadline reminders to help keep the transaction on track.
Prepare addenda as requested by the agent, including extensions, price changes, and repair agreements, and coordinate signatures.
Inspection & Appraisal Coordination
Confirm the initial home inspection date and time and verify that utilities will be available as needed.
Confirm the appraisal appointment and follow up on its status.
Keep the agent informed of scheduling updates and outstanding items.
HOA & Condo Association Coordination
Obtain association contact information, application procedures, and applicable rules and regulations.
Track the buyer's application process and follow up on outstanding requirements.
Obtain confirmation of approval when applicable.
Communication & Follow-Up
Maintain regular communication with the cooperating agent, title company, HOA, and loan officer, as appropriate.
Follow up on outstanding documents and transaction milestones.
Keep the agent informed of progress and items requiring attention.
Closing Preparation
Final Walk-Through & Closing
Confirm the date and time of the final walk-through and closing appointment.
Ensure the client receives the closing agent's wiring instructions.
Coordinate with the title company regarding escrow disbursement details, when applicable.
Remind the client about utility transfers and provide available transfer information.
Broker Compliance
Organize and submit the transaction file to the brokerage's compliance system.
Follow up on outstanding documentation and compliance requirements.
Final Touches
Help ensure the transaction's final administrative details are addressed.
Send a thank-you message to the client.
listing Management
Review and Compliance Check:
Thoroughly review the signed listing package for accuracy and compliance.
HOA Coordination (if applicable):
Request and record HOA contact information, documents, application, and transfer process.
MLS Input:
Input all necessary information into the MLS, including photos, attachments, remarks, and showing instructions.
Sign Management:
Manage sign installation and removal.
Document Record-Keeping:
Review all listing documents for accuracy and completeness.
Upload all listing documents to the Broker compliance system for record-keeping.
Agent Responsibilities
To keep the transaction running smoothly, the agent remains responsible for the following:
Providing the fully executed contract and required documents to Stellar Closings Hub.
Scheduling and attending appointments, including inspections, appraisals, final walk-throughs, and closing.
Reviewing and negotiating proposed contract changes with the appropriate parties. Stellar Closings Hub can prepare requested addenda and coordinate signatures.
Communicating contingency decisions and removals to the client. Deadline reminders will be provided.
Removing the lockbox, flyers, and other listing materials when required. If a third-party sign company installed the sign and post, Stellar Closings Hub can coordinate their removal.
Need help with a specific task without a full coordination package? Ask about individual services, including:
Sales Contract Preparation
Listing Agreement Preparation
Addendum Preparation
Lease Preparation
Sold Data Entry
MLS Input Only
Fees for à la carte services are due upfront upon invoicing and are not contingent upon contract acceptance or closing.
Other À La Carte Services
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Aristotle