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 got a raw acreage purchase under contract, cash, no lender, 90 day due diligence with a survey and a well test in it. My agent offered to put her coordinator on it at $350 an…
I've been reading TC engagement letters for a few weeks because I'm structuring one for a small operation and I want the indemnity language right before anyone signs. Two patterns…
I've been looking at how people get into TC work and there seem to be two doors. Door one is take an in-house role, salaried or hourly, coordinating for one brokerage or one team.…
Sat through a demo of a transaction platform yesterday. Date calendar builds itself off the executed contract, disclosure packets assemble from templates, e-sign status escalates…
I'm about to hire a TC for the first time and the intake form asks whether the coordinator should be introduced to my client as part of the team, with direct email and text access…
I run the property management side of a small operation and agents keep telling me I should add coordination as a service line. Before I sell it to anyone I want to understand wha…
First deal with a TC involved and I got confused at the closing statement stage. My agent's coordinator charges $425. On the estimate it showed up as a line item against me as the…
I've got a coordinator taking my acquisitions at $395 and she's carrying somewhere around 38 open files across four clients. Two of mine went sideways last quarter in the same way…