Reviewing Brokers need an additional option for the Compliance Status other than just "Approved" or "Returned". This would better communicate to our agents what we need from them and when there is an urgent issue. This will better keep us all in compliance with the local real estate law as well. I propose a YELLOW option that is "Incomplete" or "In-Process".
RED "Returned" would mean there is an issue with your paperwork that needs immediate attention. You have rejected documentation that needs to be corrected.
YELLOW "Incomplete" or "In-Process" means that the file has more required documentation that should or will be uploaded throughout the transaction. Every individual document that has been uploaded is approved and looks good. Immediate Attention is not required but there is more work to be done.
GREEN "Approved" means all required documents are in and approved and your transaction is complete and ready to be closed out and paid!
Madeline Carlton
supported this idea
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Reviewing Brokers need an additional option for the Compliance Status other than just "Approved" or "Returned". This would better communicate to our agents what we need from them and when there is an urgent issue. This will better keep us all in compliance with the local real estate law as well. I propose a YELLOW option that is "Incomplete" or "In-Process".
RED "Returned" would mean there is an issue with your paperwork that needs immediate attention. You have rejected documentation that needs to be corrected.
YELLOW "Incomplete" or "In-Process" means that the file has more required documentation that should or will be uploaded throughout the transaction. Every individual document that has been uploaded is approved and looks good. Immediate Attention is not required but there is more work to be done.
GREEN "Approved" means all required documents are in and approved and your transaction is complete and ready to be closed out and paid!