Transaction coordination provides administrative management of real estate transactions from contract to close, handling the paperwork, deadlines, disclosures, contingencies, and communication among parties that every closing requires, in exchange for a per-transaction fee.
Log in to followI've been coordinating files part time for two agents at a flat $425 per closed file, mostly resale with financing, average 34 days contract to close. That number works because th…
Running the numbers on whether to bring in a coordinator or build the process myself, and the file mix is what makes it awkward. Last twelve months: 9 closings. 5 assignments, 2 d…
My agent uses a coordinator and sent me her client agreement to sign as part of onboarding on a small purchase. I read it twice because that's what I do, and three clauses bother…
I have 11 doors, buying 4 to 6 a year, mostly small multifamily off market. Two cash, the rest DSCR loans. Until last month I've done all the contract-to-close paperwork myself ou…
I'm three weeks from my license exam and two agents I know from a local investor meetup have both asked if I'd coordinate their closings. Neither of them has ever used a TC. They…