Transaction coordination
Transaction coordination built around the executed document.
From contract to close, Terriv works from the documents in the file: the dates written inside them, the items they require, and the page each one came from.
The file shown further down this page runs on sample data. Every file, name, party and date in it is fictional.
How the work runs
What Terriv does on every file
The product works from what the documents actually say rather than from what someone typed into a field. None of the reading is written yet, so every row below carries its state.
| Capability | What it does |
|---|---|
| Transaction timelines | Terriv assembles a timeline for each file out of the dates in its own contract, from executed offer to closing. |
| Contract and document intelligence | Terriv reads purchase agreements, addenda and disclosures, and proposes the dates, parties and obligations inside them for review. |
| Deadline monitoring | A confirmed contract deadline stays tracked until it is met, and an approaching date is raised before it passes. |
| Missing document detection | Terriv compares a file against what the transaction requires and names what is absent, without treating an absence as confirmed on its own. |
| Task generation | Terriv turns a confirmed obligation into an assigned task in the systems the brokerage authorizes. |
| Agent reminders | Terriv reminds an agent about an approaching deadline through the channels the brokerage configures. |
| Broker visibility | One list of every file, ordered by what needs attention, with the flags and outstanding items on each. |
| Client communication support | Terriv drafts a status update for a person at the brokerage to review. Nothing is sent on the brokerage's behalf. |
| Transaction summaries | Terriv summarizes where a file stands, what is complete and what is outstanding, with each item linked back to the document it came from. |
| Risk and exception detection | An unusual term, a conflicting date or an unmet contingency is raised for a person to check against the clause behind it. |
| Closing readiness | Terriv runs a file end to end before closing and lists whatever is still unresolved. |
A file, opened
Inside a transaction file
One demonstration file: header facts, the timeline, the open flags, and a single extracted item traced back to the page it came from. Every name, address, date and clause below is invented.
Timeline
- Inspection complete Completed Aug 21
- Mortgage commitment due Due Sep 4
- Title documents received Received Aug 27
- Seller disclosure signed Signed Aug 25
- Final walkthrough upcoming Scheduled Sep 17
Needs attention
- Mortgage commitment deadline approaching. The lender letter is not in the file. Due Sep 4
- Missing buyer initials on the addendum. One initial block is unsigned. Missing
- Inspection response awaiting confirmation. Sent Aug 24, no reply recorded. Waiting
Cited to its source
A proposed date is not a tracked date. An extracted item stays a draft until a person at the brokerage confirms it, and the document, section and page behind the item are shown beside it, which is what makes confirming it possible in the first place. Software that reads documents will sometimes miss a date or misread a clause, so a quiet file is not a guarantee that nothing is wrong. Nothing reaches a client from Terriv.
Next step
Walk a file end to end
Request a demo and we will walk a transaction from contract to close, with the source behind every date and every outstanding item.