Sales & Contractual Change Orders
Kim Wysong
Created on March 15, 2024
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Sales Office Change Orders vs. Contractual change orders
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Reasons to Create a Sales Change Order
- If changes need to be made to the Sales Office Selections after a contract has been ratified.
- All changes need to be made within 7 Days of Ratification and approved by Operations.
+ info
Reasons to Create a Sales Change Order
- To add Site Specific Selections- additional concrete, fencing, sod, and irrigation.
- This information will be discussed at the Pre-Construction meeting with the Builder and conveyed by email to the NHA.
+ info
Reasons to Create a Sales Change Order
- A cut-off Option Request (COR) has been approved and processed.
- The option must now be added to a Sales Office Change Order to officially become part of the contract and appear on the start sheet.
Reasons to Create a Sales Change Order
- To manually change Sales Price of a Market Home or a home under contract.
- To enter approved Additional Closing Costs after contract ratification.
- To add or remove buyers (one original buyer must always remain on the contract)
Contractual Change Orders
Reasons to Create a Contractual Change Order
- To enter the address of the home if it wasn't available at the time of the contract.
Reasons to Create a Contractual Change Order
- To change a closing date if required by lender.
- To remove a contingency.
- To convert a home to sell contingency to a home to close contingency.
- To change the name(s) on the Deed.
Sales & Contractual Change Orders- Check out Kova User Guide
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- Visit the Analytics settings;
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- Let the communication flow!
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Got an idea?
Here you can include a relevant fact to highlight
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