ResiRe Weekly by Sam H Sawyer

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Sam H Sawyer
Sep 1, 2023
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Issue 149 - September 1st, 2023

A SINGLE residential real estate transaction in our country involves over 20 vendors (at least) from beginning to end. We sometimes assume that these transactions are simpler than they truly are and in all reality it is a small miracle to get every single home sold in our country with so many various parties and steps involved along the way.

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A never ending maze of items to accomplish to get the deal DONE!


While the exact number and roles of individuals involved can vary depending on the specifics of the transaction and local customs in your area, here are some of the key parties commonly involved:

1. Buyer

2. Seller

3. Buyer's Real Estate Agent

4. Seller's Real Estate Agent

5. Mortgage Lender

6. Real Estate Attorney

7. Home Inspector

8. Appraiser

9. Title Company or Title Attorney

10. Escrow Officer or Closing Agent

11. Insurance Companies

12. Homeowners Association (HOA)

13. County or Municipal Officials

14. Surveyors

15. Contractors and Repair Professionals

16. Notary Public

17. Property Management Companies (if applicable)

18. Photographers and Videographers

19. Staging Professionals

20. Environmental Inspectors

21. Radon Inspectors

22. Termite Inspectors

23. Mold Inspectors

24. Septic Inspectors

25. Well Water Inspectors

26. Pest Control Professionals

27. Contractors and Tradespeople (e.g., electricians, plumbers, roofers, HVAC technicians)

This extended list includes various professionals who may play a role in different aspects of a real estate transaction, from marketing the property and conducting inspections to addressing specific concerns related to the property's condition and compliance with regulations.

Keep in mind that not all transactions will involve every individual or professional on this list, and the level of involvement can vary based on the circumstances of the transaction.


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