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Realtor Purchase Checklist

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REALTOR PURCHASE CHECKLIST

Purpose: This checklist documents administrative and milestone items related to the purchase transaction. It is intended to assist parties and their agents in tracking required actions and does not modify or supersede the purchase contract. Completed items should be dated and initialed where indicated.

Parties and Contact Information

Buyer Name:

Buyer Contact:

Seller Name:

Seller Contact:

Property Identification

Transaction Overview

Offer Submitted Date:    Offer Accepted Date:

Escrow Holder:

Escrow Opened Date:    Scheduled Closing Date:

Agents and Lender

Contingencies, Inspections & Repairs

Inspection Contingency Period Ends:

Property Inspections

General Home Inspection Completed:   Date:   Inspector:

Pest/WDO Inspection Completed:   Date:

Roof / Sewer / Pool Inspections Completed:   Notes:

Repairs Completed by Seller:   Date Completed:

Disclosures and Documents

Lead-Based Paint Disclosure Provided: Yes No N/A

Seller Property Disclosure(s) Provided: Yes No

Known Mold / Water Damage Disclosed: Yes No N/A

HOA / CC&R Documents Provided: Yes No N/A

Title, Escrow and Closing Deliverables

Title Ordered:   Preliminary Title Report Received:

Title Exceptions Cleared:   Date Cleared:

Escrow Instructions Delivered:   Closing Statement Ready:

Final Walkthrough Completed:   Date:

Closing Funds & Post-Closing

Wire Instructions Confirmed with Buyer:   Escrow Funding Complete:

Deed Recorded:   Recording Date:

Final Checks and Certifications

Agent Certification: I certify that, to the best of my knowledge, the items checked and dates entered on this form are accurate administrative records of the transaction. This checklist is not a contractual amendment and does not waive rights under the Purchase Agreement unless expressly executed by the parties in writing.

Governing Law: The parties acknowledge that any disputes regarding the underlying purchase contract are governed by the law specified in that contract. This checklist is governed by the same law for purposes of interpretation.

Buyer Printed Name:

By:

Date:

Seller Printed Name:

By:

Date:

Enter text✕

What the Realtor Purchase Checklist Covers

The Realtor Purchase Checklist is a structured, itemized guide used during a residential or commercial property purchase to track required documents, deadlines, and tasks from offer through closing. Typical items include buyer and seller identification, loan pre-approval, earnest money instructions, inspection and contingency deadlines, property disclosures, title searches, insurance information, closing statement review, and post-closing recording. Agents, buyers, lenders, title companies, and closing attorneys use the checklist to ensure all parties complete required steps on time and to reduce the risk of missed items that can delay or derail a transaction.

Why a Checklist Improves Closing Reliability

A consistent checklist reduces missed disclosures, missed signatures, and deadline drift while improving coordination among buyer, seller, lender, escrow, and title. It supports compliance by documenting who completed each task and when, and it pairs with ESIGN/UETA-compliant eSignature platforms such as signNow to collect enforceable electronic signatures and preserve an audit trail.

Why a Checklist Improves Closing Reliability

Who Typically Uses the Realtor Purchase Checklist

The checklist is used by multiple transaction participants to coordinate tasks and preserve a clear record.

  • Listing agent: Tracks seller disclosures, staging deadlines, and document sign-offs to support a clean closing.
  • Buyer's agent: Verifies inspections, financing contingencies, and buyer signatures; coordinates with lender and escrow.
  • Title/escrow officer: Confirms title search, lien clearance, and recording instructions; manages funds and closing logistics.

Using the checklist consistently reduces errors and provides a single reference for audit, lender review, and closing.

Roles and Responsibilities

Listing Agent

The listing agent completes seller-side items such as property disclosures, existing mortgage payoff figures, and seller signatures; they coordinate with title and buyer’s agent to resolve defects before closing.

Buyer's Agent

The buyer's agent confirms buyer identity and financing status, arranges inspections, obtains signed contingencies, and ensures earnest money deposit and closing requirements are handled per contract.

Essential Information to Include

Property Address: Full street address
Buyer Legal Name: As on government ID
Seller Legal Name: As on title
Purchase Price: Exact dollar amount
Earnest Money: Amount and deposit date
Closing Date: MM/DD/YYYY format

Core Components of a Professional Checklist

A complete Realtor Purchase Checklist groups tasks by phase, includes required documents, assigns responsible parties, and records completion timestamps. Structure improves visibility and handoffs.

Pre-Offer

Financing pre-approval, buyer ID, initial disclosures, and earnest money instructions documented and dated for contract readiness.

Under Contract

Inspection scheduling, repair negotiation, contingency tracking, and title order placed; assign due dates and responsible parties.

Financing

Loan application status, appraisal delivery, underwriting conditions, and final loan approval with target dates and contacts.

Title & Escrow

Title search, lien resolution, title insurance selection, escrow instructions, and recording details captured by title officer.

Closing Preparation

Final walkthrough, closing disclosure review, funds verification, and notarization/witness arrangements confirmed in advance.

Post-Closing

Document recording, keys transfer, final disbursements, tax/prorations, and retention of executed documents for required periods.

Step-by-Step: From Offer to Recorded Deed

Follow these sequential steps to ensure all parties complete required actions and documents before closing.

  • 01
    1. Prepare Offer: Draft offer, attach disclosures, and set earnest money terms.
  • 02
    2. Open Escrow: Deposit earnest money and deliver contract to escrow/title.
  • 03
    3. Inspections: Schedule, complete reports, and negotiate repairs.
  • 04
    4. Close & Record: Execute closing documents, fund transaction, and record deed.

Configure the Checklist for Online Use

Set up template fields, signer order, and authentication to match your brokerage workflow and compliance needs.

Field Configuration
eSignature Provider Select ESIGN/UETA-compliant vendor (support audit trail and HIPAA BAA if needed)
Authentication Level Email link or SMS code; use stronger ID proofing when required
Routing Order Define signer sequence: buyer → seller → lender → title/escrow
Storage Location Specify secure repository and retention policy for executed documents

Typical Routing: Who Gets What and When

A clear routing flow reduces turnaround time and ensures each party receives the correct documents in sequence.

  • Upload Checklist: Agent uploads the contract and checklist to the chosen eSignature platform.
  • Assign Parties: Add buyer, seller, lender, and title contacts with signer roles.
  • Collect Signatures: Send for signatures with required authentication and record timestamps.
  • Archive & Distribute: Save executed copies to escrow/title and share final copies with parties.

Technical Requirements for eSignature and Storage

Choose a platform that supports PDF/DOCX uploads, audit trails, and secure storage to meet lender and title expectations.

  • File Formats: PDF, DOCX accepted
  • Integrations: CRM, MLS, Google Workspace, Box
  • Security: TLS in transit; AES-256 at rest

Common Contract Deadlines to Note

Most purchase contracts include firm deadlines; recording them on the checklist reduces disputes and supports lender timelines.

Offer Date:

Document date of signed offer; used to calculate contingency deadlines.

Earnest Money Deadline:

Specify when earnest money is due per contract, often within 3 business days.

Inspection Contingency:

List the inspection completion and objection deadline in MM/DD/YYYY format.

Financing Contingency:

Record loan approval or removal date required by the contract.

Closing Date:

Final date for funding, signing, and recording the deed.

Key Transaction Milestones

Follow these numbered milestones to keep the transaction moving toward a timely closing.

01

Offer Accepted

Contract execution triggers contingency timelines and escrow opening.

02

Inspections Complete

Inspection report delivery and repair negotiation conclude at this milestone.

03

Loan Approval

Underwriting conditions satisfied and final loan approval obtained.

04

Recording & Funding

Final funds transferred and deed recorded to complete the transaction.

Common Mistakes to Avoid

  • Using nonstandard names or nicknames that do not match ID or title records, causing lender or title delays.
  • Missing or late earnest money deposits because the checklist lacked a clear recipient and deadline.
  • Failing to document contingency removal dates precisely, which can result in disputes over obligations.
  • Overlooking county-specific recording requirements or additional forms required for conveyance or transfer tax.

Consequences of Incomplete or Incorrect Checklists

Title Delays: Delayed recording and funding
Contract Disputes: Failed contingencies or missed deadlines
Financial Exposure: Lost earnest money or penalties
Regulatory Risk: Incorrect disclosures can trigger fines
Lender Rejections: Incomplete files may stop loan funding
Escrow Errors: Misallocated funds or payout mistakes

Real-World Examples from Transactions

These short examples show how teams used structured checklists and online signing to keep deals on schedule.

Martin Properties

Martin Properties centralized closing steps to reduce in-person handoffs and keep remote buyers informed.

  • They used online forms and eSign for signatures.
  • "I can process and execute all of these documents online with 100% compliance and built-in security. Whether on mobile or working offline, I can get forms back to their necessary parties efficiently." — Tim Martin, Founder

Optica Ventures

A small investment firm standardized a checklist template for repeat acquisitions.

  • Template reduced review time on each property.
  • "The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers." — Brian Fitzgibbons, COO

eSignature Pricing and Feature Snapshot

Compare starting prices and core capabilities commonly used for Realtor Purchase Checklists; signNow is listed first per vendor comparison conventions.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial No No Yes, limited Yes, limited
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently Asked Questions — Common Checklist Issues

Answers to frequent questions about completing, e-signing, notarizing, and storing a Realtor Purchase Checklist in U.S. transactions.


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