Understanding Sales Transfers
A sales transfer occurs when a buyer decides to purchase a different lot within the same community after the purchase of the original lot. To transfer a sale, the prerequisites that are based on the sales activity rules for transferring a sale must be met. A sales transfer might be restricted if the new lot has been designated for a model or specification home.
Sales transfers can cause changes to the lot configuration. For example, a buyer might transfer the sale to a lot in another phase of the community and choose the same plan, elevation, and options from the original lot. However, some options might not be available in that phase, they might be priced differently, or the new house might be in a stage of construction that is past allowing the buyer to select options.
To transfer a sale, you must:
Release the new lot for sale.
Select plan, elevation, and swing if construction on the new lot has not started.
You can set processing options to transfer this information to the new lot.
Select options for the new lot.
The system does not transfer option selections to the new lot.
Transfer all sales master information to the new lot, including all sales-related extended data.
You can set processing options to transfer this information to the new lot.
After the transfer, change the sales status of the new lot to SAL (sold) and the original lot to 4SL (released for sale).
Attach options for which you have generated commitments to the original lot and remove unprocessed options.
Note: The base house price and the lot premium are copied when a buyer transfers to a new lot.
Sales transfers are recorded for statistical reporting only and do not affect the number of recorded cancellations. The system uses sales activity rules to determine what information is stored in the F44H501 and F44H501H tables.