What exactly does a Transaction Coordinator (TC) do?
Real estate transaction coordinators are invaluable assets to real estate investors. They keep the transaction process running smoothly and efficiently, ensuring that all documents and deadlines are accurately tracked and reported.
Function and roles include:
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QB the transaction to ensure on-time closing
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Communicate between title, escrow, buyer, and seller
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Organize and coordinate to meet closing date
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Oversight of transaction; including addendums and provisions
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Handle post-closing administration
By streamlining the entire process, transaction coordinators help investors quickly close deals, allowing them to maximize their investments and save time. Their knowledge of current regulations and trends, as well as their attention to detail, make them vital to a successful commercial or residential real estate transaction. Transaction coordinators add immense value to any investor’s deal-closing process, saving them time and money.