A Transaction Coordinator, also known as a TC, is someone who handles important administrative duties in real estate transactions from contract to closing. If you have ever sold a house with an agent, you've most likely worked with one. That's because agents typically use Transaction Coordinators to guide their clients through the complexities of escrow. Their duties include:
Providing legal disclosures
Preparing paperwork for digital signatures
Ordering Natural Hazards Disclosure Reports
Arranging inspections if needed
Ensuring all parties adhere to contractual deadlines
Checking that all documentation is submitted on time
Communicating with all parties to ensure smooth closing
Do I need a Transaction Coordinator?
While most people could handle all the services of a Transaction Coordinator without hiring one, the question is rather would you want to? There's a good reason agents typically hire this service. Unless the appropriate paperwork and disclosures are completed and time frame obligations are adhered to, there could be major issues crossing the finish line.
Consider also the fact that selling and buying simultaneously can be an all-consuming process. Working out the logistics of a move and packing boxes, you'll hardly have time for anything else. Handing over these duties to a professional to keep everyone on track lifts the stress and provides peace of mind. That's priceless.
Guided closing for FSBO sellers.
Homepie's Transaction Coordinator services are unique because they are readily available to assist FSBO sellers. That means added security for those who want to sell their own home, but might feel intimidated by disclosures and meeting deadlines.
Feedback from sellers has confirmed time and time again the value of having this service. Our Transaction Coordinators are attentive friendly and professional. Agents have also enjoyed working with our team, And that same standard of service is available to help you close on time and without stress.
"Homepie staff were very accessible and friendly. Our Transaction Coordinator was a calming influence for me throughout the sale of my property. I especially appreciate that she took the time for phone conversations, which really helped clear up any questions that came up."
"Couldn't be more pleased with Homepie, and everyone on the team I dealt with - the support person I chatted with several times and several phone calls with our Transaction Coordinator. Thank you, thank you, thank you, Homepie. You did exactly what I needed you to do."
"Tammy herself became my transaction coordinator and that proved to be the best part of all. The platform and the service experience was excellent. I couldn’t be more happy and feel like… scratch that, I know… I saved a lot of money."