Signing the closing papers on a real estate deal and handing over the keys to a buyer is the most exciting part of a real estate agent’s job. And if you are like most agents, you would do anything to avoid all the tedious paperwork involved in real estate processes.
Fortunately, a transaction coordinator can help with getting rid of clutter and organizing paperwork while you focus on getting your business in front of potential clients and cultivating new leads.
If you are ready to leverage your time by hiring a transaction coordinator, here are some of the benefits you will get as a real estate agent.
They Save You Time
Hiring a transaction coordinator frees you up to face other aspects of your real estate business that doesn’t involve being stuck behind a desk.
Instead of being tied to paperwork that can take up to 12 hours on average to complete, a transaction coordinator can update all parties involved about the status of all required documents.
Dedicated transaction coordinators at Close Concierge work long hours, including nights and weekends to ensure that each transaction is successful.
Transaction coordinators ensure the success of all documents, which results in zero errors and omissions.
Real estate agents stand to benefit from flawless paperwork because many insurance agencies offer low premiums insurance to real estate brokers with standardized transaction processes.
Increased Customer Satisfaction
Real estate agents may be too busy to provide prompt answers to customers. And even when they are available, they may not have detailed information on hand.
A transaction coordinator is promptly available to provide comprehensive answers to customers’ inquiries. The result is usually repeat sales, customer loyalty, referrals, and increased customer satisfaction.
They Keep Deadlines on Track and Details Organized
Every phase of a real estate deal, from signing a contract to closing the deal, is closely supervised by a transaction coordinator.
An agent typically isn’t very familiar with all the clauses, timelines, and deadlines involved in the transaction. Thankfully, you don’t have to know all of these details because that’s the job of a transaction coordinator.
They will worry about sorting out all the details to ensure that the deal moves on smoothly. This is a huge relief for real estate agents.
A Transaction Coordinator Serves as a Liaison
Real estate transactions typically involve a lot of different parties, and communicating with all the people involved at different stages of the process can be stressful and time-consuming.
This is one of the areas where hiring transaction coordinators offer huge benefits. They will liaise between you and the buyer, escrow agents, the title company, and other agents.
On your part, you only have one point of contact – the transaction coordinator – who handles all the back and forth communication with multiple parties.
Need a Transaction Coordinator?
Close Concierge has a dedicated team who understands the ins and outs of the real estate business. They will work closely with you to ensure your transactions are highly successful, even if it’s your first time hiring a transaction coordinator.
Close Concierge helps top agents like you grow their business by handling everything from contract to close. Contact us to get started today!
Hi, I’m Sean and welcome to Close Concierge. I’m a licensed real estate agent in the state of IL (license #475202452). I’m also an active real estate investor and previously was CEO of a transaction coordination company, as well as a property manager. In total, I’ve been a party to more than 600 real estate transactions! I write on this website about once every week to answer some of the most common questions I come across on a day to day basis within real estate.