WELCOME BACK!

It is a pleasure coordinating your listings and transactions. You mean a GREAT DEAL to us. Your success is our success!

Thank you for your continued trust!

IMPORTANT AND REQUIRED INFORMATION FOR NEW CUSTOMERS

 

Your transaction coordinator must have access to your MLS and office suite to monitor contract compliance, obtain client signatures, make changes to your MLS, and carry out the tasks associated with contract-to-close and listings.

 

Please review the following information and provide the requested credentials on the following pages.

 

All passwords and login information received by TMS are kept strictly confidential. TMS does not and will not share or sell your information.

  

Here is an example of what we need for each of your platforms:

 

My MLS is Realtracs

The URL is www.realtracs.net

My Username is Tmsagent

My Password is tms123

 

My TREC FORMS are kept in Docusign

The URL is www.docusign.com

My username is un@example.com

My password is tms123

 

My brokerage back office is KW Command

The URL is agent.kw.com

My username is Tmsagent

My password is Passw00rd123

Now, let's share details about logging in to your MLS and back office:

Buying a property in a TRUST can be complicated. We want to be sure the title company is aware of the trust and handles it accordingly.

What are the Main Types of Trusts?

1. A Revocable Trust offers flexibility and control during your lifetime, allowing you to modify or cancel it if your circumstances change.
2. An Irrevocable Trust is a powerful tool to protect your assets from creditors and ensure they pass to your beneficiaries without being subject to estate tax.
3. A Living Trust is a flexible and popular estate planning tool that allows you to transfer your assets to your beneficiaries while avoiding probate.
4. A Testamentary Trust is created through your Will and takes effect after your death. It allows you to provide for your beneficiaries while ensuring that your assets are managed according to your wishes.

When a property is purchased by an LLC, it means that the business will be holding the title to the property. While the purchase isn’t too different from a traditional purchase, there are quite a few documents that will be requested by title in the transaction.

It is important to know the documents that will need to be collected for title.

Please be prepared, the Title Company will request the following documents:

1. a copy of the Operating Agreement
2. a copy of the Articles of Organization (signing Authorization)
3. the EIN # for the LLC
4. a Proceeds Disbursement Authorization

The title company will also need to verify that the LLC is in good standing with the state.

When writing purchase contract for an LLC, be sure to have the name of the LLC as the buyer, and the signatures to be “*Name of LLC by Name of Signer*” and their member status. For example, Tenneessee LLC by Rick Marino, Member.

FYI: Selling a property held in a trust can be complicated, especially if the property was inherited through the trust. But still, you can do that.

We want to be sure the title company is aware of the trust and handles it accordingly.

What are the Main Types of Trust?

1. A Revocable Trust offers flexibility and control during your lifetime, allowing you to modify or cancel it if your circumstances change.
2. An Irrevocable Trust is a powerful tool to protect your assets from creditors and ensure they pass to your beneficiaries without being subject to estate tax.
3. A Living Trust is a flexible and popular estate planning tool that allows you to transfer your assets to your beneficiaries while avoiding probate.
4. A Testamentary Trust is created through your Will and takes effect after your death. It allows you to provide for your beneficiaries while ensuring that your assets are managed according to your wishes.

FYI: When a property is owned by an LLC, it means that the business is holding the title to the property. While the sale isn’t too different from a traditional owner sale, there are quite a few documents that will be requested by title in the transaction.

It is important to know the documents that will need to be collected for clearing the title.

Please prepare your seller, the Title Company will request the following documents:

1. a copy of the Operating Agreement
2. a copy of the Articles of Organization (signing Authorization)
3. the EIN # for the LLC
4. a Proceeds Disbursement Authorization

The title company will also need to verify that the LLC is in good standing with the state.

When writing the contract of sale, be sure to have the seller as the name of the LLC and the signatures to be “*Name of LLC by Name of Signer*” and their member status. For example, Tenneessee LLC by Rick Marino, Member.

Please, either UPLOAD the Relocation Agreement or provide the info below: