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RMLS Creating An Offer

The document provides instructions for completing various real estate forms for a home purchase transaction. It details how to add contact information for the buyer and spouse from a buyer lead sheet. It also lists which forms to include in the sales packet like the residential sales contract, financing amendment, and notice of title. It provides guidance for filling out fields in these forms, including purchase price, earnest money amount, inspection contingencies, and other transaction details.

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Robelen Callanta
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0% found this document useful (0 votes)
182 views3 pages

RMLS Creating An Offer

The document provides instructions for completing various real estate forms for a home purchase transaction. It details how to add contact information for the buyer and spouse from a buyer lead sheet. It also lists which forms to include in the sales packet like the residential sales contract, financing amendment, and notice of title. It provides guidance for filling out fields in these forms, including purchase price, earnest money amount, inspection contingencies, and other transaction details.

Uploaded by

Robelen Callanta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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dotloop

copy address
add a loop- enter the address
no template
continue
purchase
status pre-offer
price
venkatesh as buying agent

go to forms
buyer lead sheet> responses> individual > keep clicking until you see the name of
the client

contacts> add a person > fill the details using buyer lead sheet as reference
add a person for the spouse>fill the details using the same buyer lead sheet

loops> address concerned>


add person> add client name> it will autofill

go back to mls sheet

templates> sales packet> residential sales contract, amendments to residential


sales contract , exclusive buyer representation, financing amendment, notice of
title, radontestguideline and if year built is 1978 or earlier, include lead base
paint

if not sold by owner, add listing agent> include the company name and the license #

re: exclusive_buyer_rep > autofill > type of representation>

sec 1>exclusive representation> area> peoria, woodford and tazewell county


sec 2> tick 1st box >term> date> 90 days

compensation section> 3 percent> 3 percent

re: Residential sales contract


notice> leave blank
initial sections> if no agent of confirmation of consent to dual agency> buyer's
initials, no one for both, Seller's initials, no one for both
buyer 1> buyer 2 as spouse? buying agent venky> if sale by owner, no listing agent
financials: purchase price> earnest money 1% of purchase price
contract dates:
offer dates:
TIN same as PArcel ID
geographic desccription> copy legal description from rmls
lot size> copy from rmls
15> lot size __x___

16th row> classification of residential


offer and acceptance> to be provided
rows 29> 1% of purchase price
owner occupied or otherwise
30> Title Company
33> financed
35-37> leave blank
38> closing to be provided
51> possession at closing
57> fixtures and personal property> 59 check rmls>
propane tank n/a>
61> 2
security system n/a
63> copy appliances from rmls sheet and add those provided in instructions
73> sign
77> As-is condition with limited warranties
81> None
89> initials
124> association fees in rmls if none, put 0 year for 2020
> 168 if listed, if with disclosure available
171> provide initials
174> no one
178> depends on year built. if needed, put initials on 181
183> leave blank
186 and 187> as appropriate usually if sold by owner, buyer have not yet
received disclosure
189> initials
198-202> no one
215,216, if financed, yes, yes, condominium no, financing yes> warranty will
be provided> check appropriate boxes
> yes mold inspection and radon inspection, no for everything else
>no additional amendment
>save, do not share

RE: AMENDMENTS TO RESIDENTIAL SALES CONTRACT


4> appraisal amendment> yes
12> yes
23> initials> walls, floors, ceilings, doors, window, fire place
> if owner-occupied, only fireplace
48> yes
49> seller at seller's expense
50> Home Warranty, Inc. > $550
52> Listing Agent but usually depends
54> yes

68> yes
82 no
123 initials
96 septic no
103 well no

RE: FINANCING AMENDMENT


autofill
6> enter 1 week before closing date
19-23
all found in the pre-approval letter
26> 0

30> put initials


37>yes mortgage commitment> 6%> not less than appropriate years in the
letter, motgage commitment 100%- % needed to be paid in cash
all others, no
save

RE: NOTICE OF TITLE


if with spouse, tenancy by entirety
if sole, soley
`

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