Since short sales have become fairly common, and you may decide to put an offer in on such a property, there are some other things to know.

Read my post on Activerain for more details. You may find some of the agent comments useful, too.

Jeff

Here is the final post in this series on "What Does a Realtor do in a Sale."  If you missed any of the earlier posts, you can read them here (Part 1, Part 2, Part 3, Part 4 and Part 5).

• Check to make sure the bank has scheduled the appraisal
• If necessary, provide comparable sales used in market pricing to Appraiser
• Follow-Up On Appraisal to ensure timely processing with lender
• Notify buyer’s agent when appraisal has been completed

• Make sure all paperwork is reviewed and signed, and apporpriate copies provided to the necessary personnel
• Ensure all parties have all forms and information needed to close the sale
• Confirm closing date and time with individual handling the closing (varies by state)
• If necessary, assist in solving any title problems (boundary disputes, easements, etc.) or in obtaining Death Certificates
• Coordinate with buyer's agent for final walk-thru prior to closing
• If appropriate in the state, obtain and review closing figures to ensure accuracy of preparation
• If applicable, arrange for  "Home Owners Warranty" before closing
• Attend closing (again, this will vary from state to state)
• Make necessary changes in MLS to reflect sold status
• Close out listing in MLS and office files
• Send thank you card to buyer’s agent
• Make sure checks are distributed appropriately
• Assist seller with any last minute issues at closing or afterwards
• STAY IN TOUCH with seller

Hopefully this series has provided you with a better idea of what a REALTOR does when working with homeowners to sell their home. Each situation is unique, and some agents provide more, or fewer, services. Please don't hesitate to let me know if you have any questions or I can be of assistance.