Contract Status

Your Broker Brain account is set up with eight standard contract statuses. They are:

• • Draw Contract

  • Out to Buyer

  • Partial Back from Buyer

  • Back from Buyer

  • Out to Seller

  • Back from Seller

  • Complete

  • Cancelled

Additional Contract Statuses can be created depending upon need and preference.

Adding a New Contract Status

1. From the Admin tab, click on the Statuses sub tab at left. A series of tabs will appear at the top of the screen to the right, as shown below. Click the Contract tab.

The following screen will appear:

2. Enter the status name in the Status field.

3. Select the desired weight of the item from the Weight drop-down box. The status weight controls the sorting order of each status in menus where they can be selected. The lower the number, the higher the item will appear on the list. Before you set a weight, review the current statuses beneath the Contract Status List bar. These are the current contract statuses and are listed in order by weight.

4. Click the green Add button. The new status will be added to the current status list.

Important:

• For information on renaming or deleting a status, click here.

• If you wish to change the weight of a status, select a new number from the Weight drop-down box and click the Update button.

Recommended additional Contract Statuses:

Amendment Out to Buyer

Amendment Out to Seller

Mutual Cancellation out to Buyer

Mutual Cancellation out to Seller