There is a difference between the assignment instructions and the listing agreements.
Here are some tasks once listing agreement has been signed and submitted to your asset manager.
Input in the MLS, of course! ( The lender may want you to add their own wording to the MLS so make sure to read the instructions carefully) Don’t make a mistake on the commission this might end up costing you.
Install Sign, this is a must!
Install Supra Box, you don’t want to be penalized, CA has strict rules on this, so make sure to check your MLS for installation guidelines. ( Always keep copies of key by obtaining from your locksmith sometimes keys end up missing from the lockbox) Each bank has there own key code and it typically stays the same and does not change. You should find this on your Listing instructions.
Make sure the utilities are still turned on. At times accidents are made and the breakers are not switched on. You want to make sure the property has running water and electricity when viewing. This definitely makes the home sale faster for several reasons. Also it is mandatory for all REO listings, no exceptions unless it poses a safety hazard which would have to be addressed.
I hope you enjoyed these things to consider before taking a listing.
By,
Susan Flowers
Century 21
Comments
Nikki and Byron, I'm glad you liked.
Good post Susan! Thanks
Nice Read!