Populating the Trade Record

Owned by Carlo
Last updated: Apr 05, 2023
2 min read

Ideally you would want to fill out the Trade Record information as soon as you have it. Once you have properly filled out all required details from your brokerage, please navigate to Activities

Link to: Submitting Activities

Listed below are the different scenarios to generate the right file in Deal Manager

Syncing a Listing File

When a Listing Agreement is signed by your client, fill out the Trade Record details.

  1. Ensure that the Listing status is Active

  2. Fill out all pertinent information such as Property Information

Syncing a Deal (Listing Side)

When you receive an offer for your listing and the client has accepted, the status in the Trade Record needs to be updated.

  1. Ensure that Listing status is Conditional Sale, Sold

  2. Fill out all pertinent information such as Property Information, any Conditions, Contacts, and Commissions

When creating conditions, only fill in the DUE DATE and not the removed date. Your administrator will manage the conditions in Deal Manager. Otherwise, if all conditions have a removed date, then the deal status is set to Firm.

Syncing a Deal (Buying Side)

When an offer you and your client had made is accepted, the status in the Trade Record needs to be updated.

  1. Ensure that File status is Conditional Sale, Sold

  2. Fill out all pertinent information such as Property Information, any Conditions, Contacts, and Commissions

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