Optimized Home Buyers Disposition Operations SOP Trigger: Contract / Purchase Agreement Signed STAGE: #1 Contract / Purchase Agreement Signed Automation: Send Internal Contract Confirmation to Team Send Email Contract Confirmation to Seller Todo’s: Call Seller and get property access availability. (for pictures and cash buyer showings) Once confirmed write the details in the “Property Access” custom field at the top of contacts and move lead to the next pipeline stage in CRM STAGE: #2 Pending Pictures Todo’s: Login to https://notablenotaries.com/ Login: [email protected] Password: Thelma34! Create order for Exterior & Interior Photos. Pictures should be taken of each room, all mechanical’s and all sides of exterior. (If other services are needed ie Lockbox, Lawn Services these should be scheduled at this time.) Await photos (Once available they will be emailed to Katie & Dylan. They are also available inside the Notable Notaries User Interface. Move Lead To Next Stage of Pipeline STAGE: #3 Pictures Taken Create Marketing Materials. Fill out the Marketing Forms located here: https://raloptimized.com/marketing. This form includes (Includes comps, pictures, write-up on condition and bulletized SOW for rehab, asking price, rental proforma (if applicable) Verify that there is a number present in the LEAD ID. Once the marketing form is completed the marketing materials will automatically be created! Expect an SMS that says = ID will also be located on the top of the contact record. To access these Company materials simply Login with your LEAD ID (You can clip them by using a chrome web extension application. Marketing Materials will also be made available to any potential interested party here: https://raloptimized.com/deals. Login is LEAD ID. Interested Party Name and Phone Number will be captured on this page. DISPOSITION PAGE: https://raloptimized.com/disposition On the disposition page you will see : A google embed form. This will show the property address and The Name and Phone Number of any interested parties for the particular deal! As well as other pertinent details. A form to send the deal out via email and sms. (Realtor, Title Company, Investor, Property Service Agent etc.) The email will be dynamic meaning if you select a specific party the correspondence will be appropriate. A form to view and send assignment contract. Send Seller Contract and Assignment Contract to title company. Move Deal to Next Pipeline Stage STAGE: 4 Marketing Ready Find a realtor (s) : Using comparable sales data find the buying and selling agents of these comps. Call them 3x until they are contacted. Once contacted, send them the deal to look at by adding their information on the Disposition form page. This can be done by phone or text, but a phone call is preferred. After interviewing the realtor ensure that they meet the following Criteria: 1. Wholesale Investor Friendly. 2. Experienced track record of deals in local market. 3. Highly confident in their PRICE and TIMELINE to sell the property. 4. Prompt and effective communicator. 5. The are expecting a fair and reasonable commission Get the Real Estate Agreement Signed. Any Feedback from Realtor from potential buyers should be submitted here: https://raloptimized.com/disposition ((you can use this with seller if you have to renegotiate the deal) Find a cash buyer (s): Post Link with Lead ID and Sales Copy in Facebook groups, Sub2 community, Investor Lift, and any relevant marketing channel. Pull the 50 most relevant Investors in the area. (This can be identified by Investors that meet these criteria: Have bought and sold multiple properties in a relatively short time period in the area. Prioritize investors with larger portfolios or a consistent track record. Skip trace these phone numbers and call them 10x each. Once on the phone send them the Lead ID. And they can view the deal, and we can automatically capture them to our buyers list. At the bottom of the deals page is a form for cash buyers to upload their details:\ Upload Proof of Funds Define how title will be taken (LLC or their personal name) Define non-refundable deposit amount (start at 5K, settle no lower than 2k) Define title company to use Define when the buyer can close (how soon) Move Deal to Next Pipeline Stage STAGE 5 Select Cash Buyer Schedule showings Scheduled showings for interested cash buyers (show property to all interested buyers prior to making a decision on who to assign to, should be done within 5 days) Select a Cash Buyer Move Deal to Next Pipeline Stage STAGE 6 Send Assignment Contract to Buyer Assignment Draft Can be viewed https://raloptimized.com/disposition Confirm All Details Are Correct. Send, and Confirm Once Signed. STAGE 7 Send PA and Assignment to Title Send Contract (PA and assignment of contract to the title company, and order title (Include the cash buyer on email, exclude the seller) Handle any information request needed from the title company (Seller and Buyers Side) Coordinate and schedule closing (have buyer sign first, then have seller sign later in the day Collect the assignment fee check or coordinate for wire transfer to bank account! STAGE 8 Closed Confirm Payment has been received. Update Lead Value in Pipeline to reflect the Gross Profit Made. Add proceed disbursement to Payroll Google Sheet.