![]() It’s time-consuming, and it takes someone detail-oriented and focused on ensuring that everything is done correctly. How much time are you spending on your transaction coordination?Ĭut down the time you spend on each transaction from 45 hours to only 15! Paperwork is a problem for many agents. According to surveys, Real Estate agents spend at least 60 percent of their time in the office and only get to spend time offsite at showings, etc., at least an hour a day. The National Association Of REALTORS® reports that it takes 45 hours to close a transaction. Ensuring escrow has all needed items, lender follow-ups, gathering documentation for contingencies, call to clients, documentation review, and Virtual Assistants will handle your internal reporting with the care that only our MyOutDesk can provide. What does a Real Estate Transaction Coordinator do? Let us take charge of your deal pipeline and handle all aspects of your transaction. Working closely with all parties in each transaction, they assist in providing useful & detailed information and action plans, process contractual documents and disclosures, watch deadlines, order and coordinate inspections. The primary role of the Real Estate Transaction Coordinator is to ensure a smooth transaction of all client deals from contract to closing. They’re trained in every step of the selling process and tasked with monitoring progress from when the seller accepts an offer through the steps involved in the close of escrow. We provide the leverage you need to grow your real estate business at a fraction of the cost of hiring full-time staff.Ī Real Estate Transaction Coordinator is a real estate professional who manages all the paperwork and deadlines involved in a real estate transaction. Quit chasing paperwork and focus on selling with a transaction coordinator from MyOutDesk. Your TC will fill a support role throughout the life of your transactions, and will be just as committed to their successful, on-time completion as you are.MyOutDesk Real Estate Transaction Coordinators are trained to manage all the paperwork and deadlines involved in your real estate transactions – including every step of the selling process, from contract to close, and everything in between!īecome more effective by using a Real Estate Transaction Coordinator to handle the repetitive tasks involved with closing a transaction – such as gathering documentation & signatures, calling clients, completing paperwork, following up on contract terms & requirements, and ultimately creating a broker file for the completed transaction. With the right TC service, you can finally have an expertly trained partner that is entirely dedicated to your success as an agent. This is because it is often tough to find someone you can hold to your own standards. Real estate agents often find it difficult to delegate. So you can trust that they have sound processes in place that will ensure everything is wrapped up quickly and correctly. TC’s specialize in real estate paperwork, and many were even dedicated agents themselves for years. Sound Closing SystemĪ TC can provide you with a seamless, “no mistakes” closing system. A TC will allow you time to grow your business and reach the level of success you have the goal of achieving. That is 16 hours per transaction that you could use to focus on lead generation, polish your social media accounts, go network, or even just spend some quality time with your family. On average you will save 16 hours per transaction using a TC. Maybe you are having trouble with the technology, or even trouble with your TC, a Customer Success representative will be able to help you with all of it.īenefits of Hiring a Transaction Coordinator Increased Time on Your Hands Transactly is staffed with local coordinators and a friendly support team to assist you with anything that may come up. With our efficient technology you receive templates, your buyers and sellers have access to see what is going on without calling you, and even lenders can receive access.Īt Transactly you also receive support from our Customer Success team to ensure everything is going smoothly. With Transactly, your coordinator will have access to our proprietary transaction management software. In addition to your transaction coordination fee paying for the outright services of the TC, your fee will also pay for the technology they use to manage your transaction. Manage compliance (At Transactly we even offer a compliance guarantee.).Ensure all contract requirements and signatures are completed.Monitor and manage insurance requirements.Introduce and coordinate with all parties.Here is a short list of only some of the tasks a TC will handle for you: The fee covers your TC’s expertise, time, and many tasks they will complete for you over the course of a transaction.
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