Closing deadlines and to-dos
The dates that move themselves and the list that chases them.
A closing is a chain of dates hanging off each other. If the closing slips a week, so do the inspection, the financing and half a dozen other things. Doing that by hand in a calendar is where a deal falls apart.
A deadline can calculate itself
In the "Deadlines" tab of the transaction file, each deadline is defined one of two ways: with a date you type, or calculated from another date.
- It counts from a transaction date, or from the day another deadline is met.
- The offset is in days, and takes negatives: −1 is the day before.
- You can count in calendar days or business days.
- And there is a checkbox to roll the deadline to the next business day if it lands on a weekend or a holiday.
- Each deadline can carry who is expected to act, so the list also says who has to move.
A deadline that depends on another and has no date yet says so, without inventing one: it waits for the deadline it hangs from.
When you move a date, the platform does not recalculate blindly: it shows you what is about to change before touching anything.
The closing to-dos
Deadlines say when; to-dos say what. Your brokerage builds checklist templates by deal type, each item tied to a contract anchor: "request the estoppel from the association, three days after the contract."
There is a shortcut that saves the first time: "From the Florida catalog" builds the template from the closing profile answers in lesson 10, and then you edit it like any other. Applying a template to the file turns its items into real tasks, with owner and date.
The weekly status
The tab also carries a "Weekly status": the file's eight areas, their due dates and who owes what, with each area marked Done, On track, Pending, At risk or Not applicable.
The line on the screen sums up the rule behind all of Galilei Hub's automation: "The platform builds it; you send it." A draft is generated, you add the opening note if you want, and you send it to the parties. If the parties have no email on file, it cannot be sent, and it tells you.