In response to the National Association of Realtors settlement that went into effect in August of 2024, we've created a workflow in SkySlope that will allow you to create and manage pre-contract buyer files to submit buyer agreements to your office easily. We created this resource to help Admins and Brokers prepare to manage pre-contract files as efficiently as possible in SkySlope.
In this article, we'll go over:
- Preparing your office's Checklists by adding Buyer Agreement Documentation items
- Easily filter through Pre-Contract files using Stages
- Creating a Pre-Contract File
Manage Checklists — Buyer Agreement Documentation
To ensure your agents' Pre-Contract files are set up properly, the admin team will need to make some minor Checklist changes. Essentially, any buyer agreement documentation items on your Checklist should be reassigned from their current section to the Buyer Agreement Documentation section.
IMPORTANT: When adding your Buyer Agreement Checklist Documentation, make sure you are not creating a separate Buyer Agreement Checklist; instead, you need to add the Buyer Agreement Checklist Documentation items to your current office's Checklist.
Follow these steps to reassign/add items to your current Checklists:
- Click on your name in the upper right corner, then select Admin.
- Once in the Admin hub, navigate to Manage Checklists.
- Use the drop-down menus at the top of the page to select a certain office (if applicable) and the Checklist type (in this instance, you only need to edit Transaction Checklists). Then scroll down to locate the Checklist you want to edit. Then click to open that Checklist.
- Locate the item that you want to edit. Click on that Checklist item to open it.
- After opening the Checklist item, use the drop-down menu to assign it to the Buyer Agreement Documentation section. This will ensure that the items are assigned to the appropriate section of the Checklist, as shown in the image below.
- After you've made your changes, click Save!
Click here for a more detailed visual guide for editing items on a Checklist.
Quickly Review Pre-Contract Files Using Stages
If you're unfamiliar with Stages, Stages is the filtering/labeling system available in SkySlope. Your office can create various file labels, such as "West Coast Team" or "Initial Review Completed," and then apply those labels to your files to fit your workflow.
We are leveraging Stages to ensure admins and brokers have a surefire way to review pre-contract files promptly.
Here's what you need to know about using Stages for Pre-Contract files:
- When an agent creates a pre-contract file, it will automatically be assigned to the Buyer Agreement stage.
- Your brokerage does not need to take any steps to begin using this stage; it will automatically become available for all customers!
Reviewing Pre-Contract files:
- Navigate to your preferred location to review files (Manage Transactions, Documents to Review or Quick Audit).
- Locate the drop-down labeled Stage Filter. Select the Buyer Agreement stage filter. Click Save.
- Now, your Transaction list will only include Pre-Contract files in the Buyer Agreement stage.
How to Create a Pre-Contract File
To learn more about how to create a pre-contract buyer file, take a look at the tutorial below.
If you have any questions about pre-contract files in SkySlope, please reach out to our 24/7 Support team. Happy SkySloping!