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  • Writer's picturekellyzrealtor

Real Estate Contract Time Management Tips You Need to Know

Finding the right home to buy can be a time-consuming process that requires patience and careful planning. But when you find the right home and have an offer accepted by the seller, a lot of things need to happen in a short amount of time to make the sale happen. 

This means that you need to pay close attention to your time and how you manage it. If you mismanage your timeline and end up missing a deadline for a critical task, you could end up losing the deal and the house. 

Since you want to avoid this at all costs, here are the best tips to manage your time under contract:

Stay organized with a timeline: Having a visual roadmap will help you prioritize tasks effectively. To do this, get a whiteboard and create a detailed timeline that outlines key milestones, deadlines, and important dates in the contract. 

Set reminders and alarms: You want to make sure to never miss a deadline, so use digital calendars and reminders to ensure you’re always on time. Set reminders for important tasks and milestones like inspections, appraisals, and financing.

Communicate effectively: Staying in touch with your agent, lender, and other supporting parties is key to making sure that you’re up to date and in the know! Focus on maintaining clear and open communication, and make sure to respond to any questions as fast as possible to prevent delays.

Stay informed: Educating yourself and getting prepared will help you save a lot of time and energy! By knowing what to expect at each stage of the contract process, you’ll have a good idea of what to work on and how to manage your time. 

Prioritize self-care: Even though the contract process is fast, set time aside to take care of yourself! Remember, you’ll make better decisions when you’re rested and resourced. 

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