In this task, verify that all funding checks have been received. Use the Projected Closings (RPT2) Report to verify that all transactions slated to close in the current month have closed.
- In WinMORE, click Month-End and then select EOM Reports.
- Click Projected Closings (RPT2). Print the report with landscape orientation.
- Verify that there are no entries with a Date Closed and in the Close Period for the month you are about to transmit.
In this example, the DAs listed are scheduled to close in June, the month you are closing out and transmitting. Therefore, you will need to contact the associate, to get the closing paperwork, an updated closing date or termination. Depending on the status, your either need to close, terminate or update the DA closed date prior to transmitting.
NOTE: Proactively following up on closings the week prior to scheduled closing dates reduces the number of transactions you have to follow up on at the end of the month and helps develop predictable accurate Owners Profit projections during the month.