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Showing posts from June, 2022

What To Expect And Not To Expect From Transaction Coordinator

In this growing residential real estate trend, more and more agents are now considering hiring a   Licensed Transaction Coordinator to help them with your business. The world knows how stressful buying and selling a home is. Therefore, it is essential to have someone who will manage the aspects of the transaction so you can focus on the things that matter, which is bringing in new business. Tasks A Transaction Coordinator Completes A transaction coordinator is responsible for the following number of tasks: Circulating documents if the requirement arises Ensuring all the purchase agreement documents are signed, completed, and initiated in all required areas Ensuring all the parties to the transaction process are aware of and meet real estate deal milestones Ensuring that all the milestones of the transaction process are met Therefore, when you start working with a transaction coordinator, you can trust that an expert is on your side, helping you and your clients get to the clo...

The Real Estate Transaction Coordinator's Guide to Effective File Management

The job of the real estate transaction coordinator (TC) can be stressful at times, especially when juggling numerous transactions and buyers and sellers at once. However, if you learn how to effectively manage your files, you’ll be able to handle the stress and keep things running smoothly for everyone involved, from the buyers and sellers to your own clients and vendors. This guide will teach you the ins and outs of effective file management in the real estate industry so that you can give your clients the best experience possible during their real estate transactions. What Is A Transaction Coordinator? The best real estate transaction coordinator in Los Angeles may be called something else entirely in your state. For example, the person handling your closings might be called a closing agent, an escrow officer or simply an escrow company. In some states, the title real estate broker is used for individuals who sell homes on behalf of their own business, while other states restrict tha...