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Real Estate Transaction Coordinator: What You Need To Know
A real estate transaction coordinator has many functions. They: oversee all aspects of buyer and seller transactions from executed purchase agreement to closing, coordinate the title, coordinate inspections, mortgage loan, and appraisal processes, regularly maintain a line of connection with clients, submit necessary documentation, and a plethora of other important tasks. What the buyer or seller may not know is that real estate agents often need help to do all the paperwork necessary for closing a deal. This is when a transaction coordinator comes in! But, if you’re planning on embarking on FSBO, you don’t even need an agent to hire a TC! For a one time flat fee, you can have all your paperwork taken care of for a fraction of the cost of a listing agent.
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