You’re ready to sell off property. In fact, you already have a buyer. Now all that’s left is to deal with a ton of paperwork. If you know next to nothing about the paperwork, though, it’s going to seem like an unwieldy process for you. If you want to save on costs, skip over hiring an agent or broker and get a transaction coordinator instead. Here are some of the things you can look forward to when you secure the services of one.
Keeps Track of Every Detail
A real estate transaction coordinator keeps track of every detail. That means you won’t have to worry about forgetting about and missing an important deadline. With a transaction coordinator to help you, it’s easy to stay on top of everything that needs to be filled out, sent, paid, requested and more.
Saves You a Lot of Time
Selling off property is a time-consuming task. You’d think that unloading a home can be easier, but with a lot of the administrative tasks involved, it can get overwhelming fast. That’s on top of you having to deal with moving to another property, packing up your boxes, belongings, and more. With a transaction coordinator, though, you won’t have to worry about any of that, saving you tremendous amount of time. Instead, you can focus on other aspects of the sale.
Uses Coordination Software
Seasoned transaction coordinators know about and use the best tools to make the job easier. They have coordination software that’s designed to streamline the workflow and help them manage all your transactions from a central place. With a system that automates checklists and dates along with reminders, your coordinator stays on top of everything that needs to be done.
Reduces Your Costs
Hiring a transaction coordinator is a cost-efficient move. That’s because they cost a fraction of what a real estate agent asks for. Agents, on the other hand, are paid on commission. If you can handle the rest of the selling process and just need help with the paperwork, then hiring a transaction coordinator is a budget-friendly option.
Deals with Multiple Parties
Aside from handling the paperwork, a transaction coordinator can also deal with the buyer and the buyer’s agent. If you need someone to talk to the title company or communicate with the escrow agent, your TC can take on all of those tasks as well. By having one point of contact for everything, your TC is in the perfect position to provide you with updates.
Answers Your Questions
Is this the first time that you are selling off your property? Then you likely have a ton of questions. And while going online to read up about all that is easy, finding out answers could also be confusing from different points of view. Your TC, though, can provide the perspective you need to give you a clear answer. Learn more about how a transaction coordinator helps you. Hire one and talk about the benefits you can expect. You might learn new ones that you can add to the list.
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