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 came at this from tools, not paperwork, so the pitch I made was narrow. A guy doing light cosmetic flips, four to six a year plus the occasional wholesale, kept blowing up on th…
The paperwork I own as a passive investor isn't the same as an agent's. Subscription docs, entity formation confirmations, insurance certs, lender condition lists that the sponsor…
I ran the experiment I'd been talking about for months. Two agents, one small investor, 14 files over about five months, flat $300 per file, paid at close. Nine closed, three fell…
Small duplex, $186,000, my first financed purchase instead of cash from a partner. I hired a transaction coordinator because everyone said that's how you stop dropping dates. A TC…
A small team lost their in-house coordinator with two weeks' notice in the middle of their busiest stretch. I picked up 11 active files at $325 each, flat, invoiced at close, on a…
I'm still waiting on my license number, so I asked around first about whether I could take fee-for-service coordination work without one. Where I am the answer was yes as long as…
I said in this room a while back that I was going to stop analyzing and buy something. I bought six things over fourteen months, small residential, two of them off market. What I…
First deal, a two unit in an older working class neighborhood, $5,000 earnest money, 30 day financing contingency. I hired a coordinator at $300 a file because someone in a local…