Transaction — 4417 Kensington Ave
$481,250 · accepted 4/1/26 · closing 5/31/26
Where this deal stands
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Pending (done)
Contract signed, earnest money to escrow
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Inspection (done)
Buyer's inspector visits; repairs negotiated
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Appraisal (active)
Lender's appraiser confirms the value
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Financing (todo)
Loan passes underwriting
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Closing (todo)
Documents signed, keys change hands
Closed — ECA marks the listing sold and emails both parties their savings.
Failed — a contingency was exercised; the listing returns to market and other bidders are notified.
What happens next
- Your closing agent runs the mechanics. Title search, escrow, document preparation — that is what they are hired for, and both agents were chosen before the offer was accepted.
- Each stage advances the status above. Every change is a new revision of this record (5g), so the whole history is auditable.
- If a contingency fails, the status moves to failed, the listing returns to market, and the other bidders are notified automatically.
- On closing, ECA marks the listing sold, cancels nothing further (every other bid was set to outbid when this offer was accepted — 10-ECA row 8), and sends both parties the savings email.
The deal
- Accepted offer
- Sample Buyer A’s offer, accepted 4/1/26
- Sale price
- $481,250
- Against list price
- $512,000 · $30,750 under
- Seller
- Sample User
- Buyer
- Sample Buyer A
- Closing date
- 5/31/26 · 60 days from acceptance
- Possession
- At closing
[ 5g: the transaction carries the listing ref, the accepted bid ref, its status, the closing date and notes — with Revisions enabled, so every change is an audit trail entry. ]
No commission changed hands
At a typical 6% commission, a $481,250 sale would have cost roughly $28,875 in agent fees. On LiNK it costs neither of you that.
[ 10-ECA row 5: this figure is computed when the transaction closes — price × 6% commission equivalent — and sent to both parties in the savings email. Shown here so the email's number has a visible source. ]
Transaction documents
[ Sample PDFs. Production files live on the private file system, visible to the two parties, their closing agents and LiNK staff only. ]