As agents are creating Opportunities and managing their transactions in Command, they will need to upload documents for compliance approval. Before they can do this, the Market Center must create a checklist of all of the documents that are needed.
Included in this are different compliance events (Listed, Under Contract, Closed, etc.) for each of the checklist types you create (Single Family Residential Listing - Texas, Commercial Buyer - Louisiana, etc.), in every Opportunity type (Listing, Buyer, Tenant, Landlord).
Things to consider when creating your checklists:
- Documents must be attached to a checklist item to be added to the opportunity within the 3 compliance events (Listing, Under Contract, Closed). Consider all the different documents that are needed for a transaction and ensure all documents have a checklist item. You may want to add a category for amendments, however consider being specific when you do such as Price Change Amendments, Listing Extensions, Contract Closing Extensions, Termination Amendment. By keeping each amendment type separate you will be able to see the history of those amendments easier.
Note: Don't forget the items the market center may upload during the closing process as well, such as the Distribution Authorization.
- The checklist order will be the default order that you will see within the opportunity. Consider both the order in which you wish to view during compliance as well as the chronological order of when they would be completed so your Agents can work their way down the list.
- In order to add forms to the Compliance Checklists, the CommandMC Settings<DocuSign Settings must have the KLRW Service account and it must be turned on in addition to Compliance under Command MC Settings needing a personal account selected and not the KLRW email.
To add documents and create your checklists:
1. Log in to https://agent.kw.com with your KW login credentials.
2. Click your name, at the top right of the page, and choose Settings from the drop-down.
3. On the left side of the page, click CommandMC Settings, then click Compliance.
4. Select your Market Center from the drop-down, then select the Opportunity Type.
Each Opportunity type (Listing, Buyer, Landlord, and Tenant) has a separate compliance checklist that must be created and edited separately.
Create, Edit and Delete Checklist Types
With multiple checklist types, create an unlimited collection of checklists for your agents to choose from that help them gather the necessary items for compliance review of their unique opportunity type. Differentiate between transaction types (ex. residential, commercial, or industrial) and/or the unique requirements of transactions that occur across state lines (Missouri, Kentucky, Tennessee).
1. Once you select the Opportunity Type, you will see the Select Checklist Type drop-down. Now we need to create the various checklist types that your agents will need to utilize and submit. Each checklist type will have a totally separate set of checklist items.
- Click Create Type, to add a new type of checklist.
- Choose an existing checklist type, then click Edit Type. This will allow you to change the title of that checklist type.
- Choose an existing checklist type, then click Duplicate Type. This will prompt you to name the new checklist, and will create an exact copy that you can edit.
- Choose an existing checklist type, then click Remove Type. A confirmation screen will appear, click Remove.
1. The compliance checklist will appear, click + Add Document.
2. Complete the form:
- Enter the Document Name (required).
- Select the Document Type (required) from the drop-down list (required).
- Choose the Requirement level (required):
- Required - agents will have to add this document for compliance approval.
- Conditionally Required - this will unlock the Condition field, where you will enter the conditions that will make this document required.
- Optional - agents will have the option of adding this document, but it will not be required.
- Add a Note, which agents will see when they are adding this document on their end.
- In the Connect DocuSign Form section, click Add DocuSign Form to associate a DocuSign Form to the checklist item. Once DocuSign forms are associated with a checklist, when an agent selects that checklist type and then clicks to create the DocuSign Room for that Opportunity, those associated DocuSign Forms will automatically appear in the Documents tab of that DocuSign Room, as long as the associate who creates the DocuSign Room has the proper NRDS access to the form in question.
- Click to Attach an Example Document, for agents to reference.
3. Click Add Document.
In each Opportunity type (Listing, Buyer, Landlord, Tenant), follow this process to create your Market Center's Compliance Checklists for each type of checklist your agents need, in each compliance event (Listed, Under Contract, Closed).
- Once you add all of the documents, click here to learn how to edit and reorganize these checklists.