Preparing Buyer Forms in Skyslope Forms

Article

Efficiently drafting transaction paperwork is one of the most critical skills for real estate agents and administrative assistants. Getting the details right saves time, prevents legal friction, and project professionalism to your clients.

This training article covers the exact workflow shown in the video tutorial. Learn how to navigate SkySlope, harness MLS data integrations, utilize brokerage-approved templates, and fill out essential buyer agreements flawlessly.

Phase 1: Initiating the File & Importing MLS Data

The setup of your file determines how smoothly the rest of your paperwork populates. Always leverage automated integrations to minimize manual data entry.

1.Log In and Navigate to Forms
Log in at skyslope.com using your brokerage-assigned credentials. Once logged in, click the Apps icon in the top-right corner and select Forms.

2.Create the File

Click Create (do not click the ‘Templates’ tab at the top). If you are working as an assistant, toggle the dropdown to select the correct agent you are preparing the offer for. Select Buyer (or Tenant) as the client type.

3.Input Contact Information

Enter the buyer’s full name and email address. Adding the email address now saves you an extra step during the digital signature phase.

4.Import MLS Data

Whenever possible, enter the active MLS number of the target property to auto-import the legal address, brokerage info, and tax details.

5.Name the File & Apply Brokerage Templates

Name the file using the property address combined with the client’s name (e.g., 123 Main St – John Doe) . Under Templates, select the appropriate Brokerage Template (e.g., Residential Freehold – TREB)

Note: Always use brokerage templates instead of personal templates whenever possible. They come pre-populated with standard clauses and termination language vetted by the brokerage

Phase 2: Completing Core Buyer Forms

Once your file is created, you will see your forms package. Rather than deleting unused files, keep them in the transaction and select only the forms you need to fill out by clicking Fill and Send.

1. The RECO Information Guide

  • Scroll straight to the very last page.

  • Confirm that the brokerage and agent information populated correctly.

  • The consumer signature and date fields will remain blank to be completed during the signing phase.

2. Buyer Designated Representation Agreement (Form 371)

  • Buyer Address: Add the buyer’s current residential address.

  • Designated Representative: Enter the designated agent’s name.

  • Term Dates: Input the commencement date and the expiration date.

  • Property Type & Location: Specify what they are looking for (e.g., “three-bedroom, two-bath”) and the geographic scope of their search (e.g., “Town of Innisfil”) .

  • Commission & Holdover: Input the commission structure (typically 2.5% for purchases or 0.5 months’ rent for leases)  and the holdover period (commonly 30 to 90 days, depending on agent preference).

  • Schedule A (Services & Termination): Since you used the brokerage template, the standard termination clauses are already here. You must manually type in the agreed-upon services (e.g., “showing properties, preparing offers, negotiating agreements”) .

3. Offer Summary Document (Form 801)

  • Input the Agreement Date.

  • Input the Irrevocable Date (typically matching the irrevocable timeline in the Agreement of Purchase and Sale, e.g., “Tomorrow at 11:59 PM”) .

  • Leave the final presentation and signature receipt details blank to be filled out after negotiations occur.

Phase 3: The Agreement of Purchase and Sale (Form 100)

This is the core legal contract. Pay extra attention to the following sections to prevent drafting errors:

  • Names Formatting: Double-check imported names. Sometimes MLS data imports the Seller’s name backwards (Last Name first). Manually correct this format before proceeding.

  • Property Details:
    Fronting On: Never use abbreviations like “S”. Always spell out the direction in full: South.
    Frontage: Copy the exact dimensions from the MLS listing sheet (e.g., 59.32 ft by 111 ft) .
    Legal Description: Copy and paste the legal description, but always cross-reference it against GeoWarehouse to verify ownership and legal boundaries.

  • Financials: Enter the purchase price. Once you type the numeric value, SkySlope will automatically write out the word format for you.

  • Deposit: “Upon Acceptance” is standard. Under “Payable To”, type the full, legal name of the listing brokerage rather than just writing “Listing Brokerage”.

  • Fixtures & Chattels:
    Review the auto-populated text from MLS and clean up any shorthand or double punctuation (like exclamation marks).
    Spell out common abbreviations. For example, change “ELFs” to “electrical light fixtures” .
    Essential Addition: Always append: “and all existing window coverings, and all other permanent fixtures attached to the real property.”
    Rentals: If items like the hot water tank are rentals, write “Hot water tank is a rental” (include rental amount if known) .

  • Title Search & Closing: Set the title search date (typically 2 weeks before the scheduled completion date) . Note that closing dates cannot fall on a weekend or statutory holiday.

Phase 4: Adding Schedules and Clauses

Offers often require specialized schedules from the listing brokerage and custom protective clauses.

Attaching Schedule B (Listing Brokerage’s Commission/Interest Schedule)

  1. Download the “Schedule B” PDF directly from the MLS listing attachments.

  2. In the Agreement of Purchase and Sale, type “Schedule B” in the schedules section.

  3. Click Add Forms in the bottom left, select Upload, and drag the downloaded Schedule B PDF into your file.

  4. Move the uploaded document up so it is grouped alongside your main Agreement forms.

Inserting Custom Clauses (e.g., Pools, Conditions)

To insert specialized language—like ensuring a backyard pool is in good working order:

  1. Scroll to Schedule A of the Agreement of Purchase and Sale and click inside the text area.

  2. Click Add Clause and search your clause library (e.g., search “pool”) .

  3. Check the box for the correct clause (e.g., “Pool in good working order”) and click Add Clause to append it. Save your changes.

Special Scenario: Removing Conditions & Form 127

In competitive multiple-offer situations, your buyer may choose to submit an unconditional (“firm”) offer. If your agent is deleting standard financing or home inspection conditions to win a bidding war:

  • You must protect the agent and brokerage.

  • Add Form 127 (Acknowledgment Re: Foregoing Conditions/Independent Advice) to the package .

  • Have the client initial the sections indicating they were advised to include financing and inspection conditions but chose to opt-out .

  • Have the client sign the bottom of Form 127 to waive liability .