Top 5 Ways Hiring a Transaction Coordinator can Elevate your Business

As an agent, you may understand that hiring a transaction coordinator could free up some of your time or help your business, but to what extent? Below we’ve outlined the top 5 ways a transaction coordinator can help you take your real estate business to the next level.

• Frees up your time to prospect

  • As a smart agent, you know that there is only one thing that makes you more money: lead generation. Once you get a property under contract, doing the paperwork does not make you more money, it just makes you busy. Transaction coordinators work an average of 12+ hours per file. Imagine if you had 12 hours back on EVERY transaction to use towards more lead generation. How successful could you be?

• Makes sure you get paid

  • Ever celebrate a great closing only to go pick up your check and realize your file was never submitted or approved? While you were spending hours on the phone with your clients, negotiating a deal, out showing properties or finding the perfect closing gift, you forgot to submit your file to compliance. Simple problem with an even simpler fix: hire a transaction coordinator. One of our jobs is to make sure you get paid! With a transaction coordinator, you can go straight to popping the bubbly on closing day.

• Helps you provide better service

  • A great transaction coordinator makes you look like an even better agent. By freeing you up to spend more personal time with your clients and making sure their transaction goes smoothly, the clients have a better experience. What do great experiences equal? Reviews and referrals. Proactive transaction coordinators keep your clients informed along the way, stay ahead of deadlines and minimize hiccups that could cause your clients stress or delay their happy closing day.

• Gives you time to recharge

  • Remember those 12+ hours of freed up time we talked about earlier? What if you used a couple of those to relax or do something for yourself? Agents are notorious for overworking themselves and being on the verge of burnout. By taking some of your time back to recharge, you’ll feel refreshed, motivated and ready to better serve your clients.

• Keeps you organized

  • What are an agents biggest enemies? Overflowing email inboxes and papers spread all over their homes, cars and offices. Highly organized is one of the top traits needed to become a successful transaction coordinator. A transaction coordinator will keep all your files in the right place and make sure they are shared with all applicable parties. No more time wasted chasing down paper.

Ready to change the way you do business? Contact us.