What has your Realtor done for you lately? People often ask what a Realtor does to earn their money. Here is an Action List of activity typical in a transaction: It is the 101 things your Realtor does for you.
1. Researches Current Properties
2. Researches Sales Activity from MLS and public records databases
3. Provides Average Days on Market Assessment
4. Reviews Property Tax Roll
5. Prepares a Comparable Market Analysis (CMA)
6. Verifies Ownership and Deed Type
7. Verifies County Public Property Records
8. Assesses Property for Condition and Advises
9. Assesses Inside Home for Proper Staging
10. Stages or Provides Direction for Staging
11. Previews Competing Properties for Comparison
12. Performs Curb Appeal Assessment
13. Provides Public School Value
14. Provides a Listing Presentation
15. Analyzes Current Market Conditions
16. Delivers CMA Results
17. Discusses Planning and Strategy
18. Explains the Process from Start to Finish
19. Explains Listing Contract, Disclosures & Addendums
20. Screens Calls from Buyers or Agents
21. Contacts Buyer’s Agents for Honest Feedback
22. Discusses and Advises using the Feedback
23. Explains Homeowner Warranty
24. Monitors the Property’s Activities
25. Reviews Title Details
26. Orders Survey (or coordinates this activity)
27. Creates Showing Instructions
28. Obtains Mortgage Loan Information
29. Reviews Homeowner Association Fees and Bylaws
30. Submits Homeowner Warranty Application
31. Adds Homeowner Warranty in MLS
32. Reviews Utilities Details for Inspections
33. Arranges Inspections for City Sewer/Septic Tank Systems
34. Provides Security System Status
35. Determines Termite Inspection Status
36. Analyzes Lead-based Paint Status
37. Distributes Disclosure Packages
38. Prepares Property Amenities
39. Details Inclusions & Conveyances with Sale
40. Compiles Repairs Needed List
41. Installs Lockbox
42. Makes Copies of Leases for Rental Units (if applicable)
43. Verifies Rents, Utilities, Water, and Deposits for Rentals
44. Informs Tenants of Listing for Rentals
45. Installs Yard Sign
46. Performs Interior Assessment
47. Performs Exterior Assessment
48. Advertises and Markets a Listing
49. Enters a Profile Sheet into the MLS Listing Database
50. Provides Copies of MLS Agreement
51. Takes Additional Photos for MLS and Marketing
52. Creates and Advertises Property Listing
53. Coordinates Showing Times
54. Follows Up on all Calls and Showings
55. Creates and Sends Flyers
56. Compares MLS Listings
57. Develops Marketing Brochure
58. Analyzes Feedback Emails and Calls
59. Handles Offers and Contracts
60. Receives Offer(s) to Purchase
61. Evaluates Net Sheet
62. Counsels and Mediates Offer(s)
63. Delivers Seller's Disclosure
64. Obtains Pre-qualification Letter
65. Negotiates Offers on the Seller's Behalf
66. Mediates Counteroffers or Amendments
67. Faxes or Emails Contract Copies to all parties
68. Delivers Option Fee
69. Contacts and Coordinates with Title Company
70. Makes certain that Earnest Money was deposited at Title Company
71. Update MLS to "Sale Pending"
72. Order Well Flow Test Reports (if applicable)
73. Order Termite Inspection (if applicable)
74. Order Mold Inspection (if applicable)
75. Follows Up with Loan Processing
76. Communicates with Lender
77. Confirms Approval of Loan
78. Removes Loan Contingency
79. Verifies Home Inspection Activities
80. Verifies Home Appraisal Activities
81. Coordinates Buyer's Home Inspection
82. Reviews Home Inspector's Report
83. Follow Up and Resolve Repairs
84. Coordinates Contractor Preparation
85. Confirms Repair Completion
86. Attends Appraiser Appointment
87. Provides Appraiser Information and Remove Contingency
88. Completes Closing Preparations and Actions
89. Coordinates Closing Process
90. Assists with Title Issues
91. Verifies Tax and Utility Preparations
92. Reviews and Distributes Final Closing Figures
93. Requests Closing Document Copies
94. Confirms Receipt of Title Insurance Commitment
95. Makes Homeowners Warranty Available
96. Performs Final Walk-through
97. Reviews Closing Documents
98. Coordinates with Next Purchase
99. Ensures "No Surprises" Closing
100. Completes Final MLS Update
101. Hands the keys to the new owner- Congratulations!