Your first transaction

A transaction is the home base for a deal: its contract, parties, documents, deadlines, and activity all live in one record. This article walks you through creating your first one. It takes about two minutes with a contract PDF in hand, or slightly longer entering details manually.

Before you start

You'll need either:

• a signed (or draft) contract PDF — Done-Deal reads it and fills in the details for you, or
• the basics of the deal: property address, which side you represent, MEC date, closing date, and price.

Tip: If you're mid-onboarding, the setup wizard offers this same flow as its "First Transaction" step — you can follow along there.

Create the transaction

1. From any page, open Transactions in the sidebar and click New Transaction.
2. Choose your side: Buyer or Seller. This matters — it controls which deadlines and tasks apply to you.
3. Either drag your contract PDF into the upload box, or skip the upload and fill in the fields by hand.

If you upload a contract

Done-Deal extracts the key fields automatically: property address, buyer and seller names, the mutual execution of contract (MEC) date, closing date, sale price, earnest money, and the other parties it can find (co-op agent, lender, title company). Review what it found — every extracted field is editable before you save.

Warning: Always double-check the extracted MEC and closing dates against the contract. Every deadline is calculated from these dates, so a wrong date here means a wrong deadline calendar.

If you enter details manually

Fill in the property address, MEC date, closing date, sale price, earnest money, and the buyer or seller name. You can add the remaining parties — co-op agent, lender, title — at any time after saving.

What happens when you save

• The transaction appears on your Home dashboard, in Transactions, and as a card on the Board.
• If the MEC date is set, Done-Deal builds the full Colorado deadline calendar from it — inspection, appraisal, loan, and the rest.
• If the property triggers extra requirements (built before 1978, solar, septic, well, or an HOA), the matching compliance tasks are added automatically.
• If you have the AI TC add-on, Reme starts watching the transaction: incoming email about this deal is filed here, and upcoming deadlines generate reminders and drafted communications for your approval.

Next steps

• Open the transaction and add any missing parties — the lender and title contacts are what let Done-Deal (and Reme) route communications correctly.
• Upload any other documents you already have, so everything lives in one place from day one.
• Check the deadline list against your contract dates once, so you can trust it for the rest of the deal.

FAQ

Can I create a transaction before I have a signed contract?

Yes. Create it manually without an MEC date — you get a working file for documents and parties. Add the MEC date when you have it, and the deadline calendar builds at that point.

I represent both sides. What do I pick?

Pick the side whose paperwork you're driving, and note the dual status in the transaction details. You can adjust parties at any time.

What file types can I upload?

PDF is the reliable path — that's what the contract reader understands. Other document types can be stored on the transaction, but only PDFs are read for automatic extraction.