Please walk me through a typical real estate transaction

[Cody Gentry]

Hello everyone, this may seem like a stupid question but I've just finished all my pre-licensing classes for the state of Ohio and i'd like to know what a typical transaction looks like. 

I know each transaction is different, but if someone could lay out the steps I would initially be doing from start to finish I would really appreciate it. They never really went over in depth what paperwork i'd be filling or what order everything is to be submitted. 

[Ronald Bourgeois]

That is a great question and not uncommon at all.  Why these Pre-License Schools go over this so quickly in class has always been a mystery to me.  

Some states have specific forms to present and others do not. The P&S is common but other forms may need to be included as well, Like the Lead Paint disclosure form.

First ask you broker to help you so that you have all the forms in order for the local office you are working in.  Some offices have a contact person that reviews all the paper work before the offer is submitted.  You may want to get some tips from them as well.

If you have not selected a brokerage yet, make sure to interview with several.  Keller Williams in my opinion is the best for training new hires. They have forms and techniques that are invaluable throughout your career. A good broker can make or break you in this business.  If you do not get along with your Broker move to another agency ASAP. ( in my humble opinion.)

You could also contact your local Realtor Office and explain that you are new to the business and if they could help you out here.  These folks are incredible and you may get more advice and reading materials than you could imagine.

Ask around you'll find some family and friends who may be able to help you as well.

Great to see you on-board, best wishes and continued success.

-ron