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we have come a long way in getting our listing ready to go we have set up our loop we have added the property details that we have so far and we have added all of the files that our client is going to need now it is time to prepare these files for signature we're going to start by opening the files that we need one by one we're gonna start with the forms because those will be pre-configured for us I'm starting with the wire fraud wire fraud is incredibly important have this conversation with your client every time I'm gonna open it up I've got my seller there is no second seller so I select no one I click autofill and I'm just gonna check and this is all there is it's ready to go save and back I'm gonna go we've already gone through the list guidance for listing Docs that's what helped me set these up licensee disclosure of personal interest I'm going to open it up here comes my autofill we don't know who the buyer is yet we have the seller seller two is no one we have our property address we have our seller name we have our geographic description that we added to our details we'll click auto fill and we'll see that it's waiting for our seller's initials here and there's a little bit more for me to fill in I'm going to put my name here and then I'm going to describe the reason for this disclosure related to seller that's it I'm going to save I'm gonna go right back out and I'm gonna continue on next is the seller disclosure we have chosen to use the minimal one I'm going to open that up it is a forum we don't have a buyer yet seller seller 2 is no one we have our street address will click auto fill and this seller's property disclosure it just describes the law that the sellers making no warranties brokerages are being held harmless and there is a place to list material defects this is perfect for someone who does not have the information or the desire to fill out a standard seller's property disclosure will click Save and will go right back out next we have our lead-based paint disclosure but before I show you that one let's start with the law notice this this describes the federal law LED based paint is a federal law we've got our our oval pop up our seller to is no one our landlord as no one our landlord to is no one will click autofill we're going to come down and I'm just going to spend a moment sharing with you the law the licensees obligation is to disclose in the sellers obligation before you sign a contract to disclose the presence of any paint that you know about and provide any additional information or the existence of any available workers you've got to provide the tenant with the pamphlet you have got to share any records you have got to disclose any additional information you have to provide ten days for them to do a lead-based paint hazard risk assessment the sales contract is going to require that you show that you have done these items and here we can say that we provided the pamphlet are the this information and when we you here we've got our defaults and that that is it on that one next we'll go to the lead based paint disclosure you we don't know who our buyers are yet seller - is no one buying agent we don't know that person yet we know the listing agent that's me we have our address here we have our names in our legal description so we're going to go through our sellers it's all set up for our seller we have our default set in those can easily be changed I am going to initial that I've provided the seller of their obligations under US code that is why I gave them the law notice I'm signing here and I just want to point out this describes a little about lead-based paint poisoning it is it is terrible it is irreversible look it up there's a reason for this the need for this disclosures because it has done some serious damage and as a result it has ended in some serious lawsuits any person who know knowingly violates the provisions of this they're subject to Seminole and criminal penalties triple damages in a private civil lawsuit so it's going to take about a minute to make sure that we're in compliance and so we're going to spend that time and do this correctly that is the reason we ask you to do the law notice it is for your protection it is for your clients protection the last thing that we are doing is the listing agreement we're gonna open that up fill in our roles and here we can add our commission rate we're going to go for the 6% we have our client information we have some listing information that we can put in here our start date and our expiration date let's make this as far out as you know possible we're going to put our price on here you you we already have our legal description and we're going to click autofill now this is not a contract training however I'm going to note a few common you know issues that I see with the listing agreements you do need to fill out whether the property is occupied by a tenant in the financing terms you need to discuss whether or not the seller is going to put the property on the Internet they probably should and I always say you can't sell it if you don't show it so you're gonna want to use a lockbox if you can withholding verbal offers or offers after a property is accepted that is for you to discuss with your client as is the compensation but in section 8 what I want you to notice is that the total compensation is going here if you want to charge your seller a transaction fee it goes here if you want to charge a set rate say it's a $10,000 piece of land and you're charging them a thousand dollars to sell it that goes here and then we're going to go down to the cooperation with other brokers of that total amount what are you offering others so the six percent I'm going to offer a straight three percent if I was offering three percent minus a transaction fee I would that's what that would look like and you're going to do the same thing for a single agent a transaction broker and a non brokerage relationship maybe that was just gonna be 1% maybe I have a transaction coordinator Dalton Wade has some good ones and I'm going to charge the buying agent I'm gonna pull that out of my compensation $474 the whole thing so I'm charging the $79 plus the 395 and those are the biggest that's really the biggest mistake is the compensation often I see 3 percent 3 percent the total goes in 8 what you are offering a co broke goes in 9 we definitely want to sign the dispute resolution and you can sign this as you go that's the cool thing about this any additional terms here for example if you are going to reduce the Commission if you're the listing and the selling agent you would write that there you can sign here if all of this is in ink I definitely want to see line 8 181 filled out especially if it's in eeek we're going to save that now if you have any documents that you want to I setup manually for signature you can do that too let's say our survey we want someone to initial that this is actually an appraisal say we want so we're going to do ad initials and then you can just drag initials and assign them to who you want to sign this so that is how we set up a file manually for signature there are videos that are going to show that in more detail because with a listing almost everything is really going to be a form but it is ad and then you can add initials signature text date name checkbox just with a click and a drag and an assign you can assign something here you can remove a field with this X highlight remove so there's your very quick training on manually setting up the signatures thank you for joining me