Transaction Coordinator – TC Part of our team is the transaction coordinator or TC. They work for you and me and the overall deal. There is a lot of paperwork including disclosures, inspection, escrow docs, and others specific to your situation. TC’s work for you, not the Escrow or the seller. Again, they work for you. I pay for them out of our side of the commissions. Our TCs are exceptional. We have been successful with deal after deal. Leave the driving to us.
What does a TC do for us?
Transaction Coordinator – TC Opens escrow, once we have a home, is under contract. (The escrow company choice is by the seller’s agent.)
Plan, schedule, and coordinate all the inspections of the property
Coordinate with the seller to ensure that inspectors have access to the property when needed
Work on a concessions addendum for all repairs and the completion of the repairs in a timely fashion.
Communicate frequent updates to all parties involved in the transaction
Monitor the contingency periods to ensure contractual compliance
Work with the broker for commission compliance
Ensure all required documents are complete and submitted by the necessary dates
Coordinate the property’s closing process
Schedule all after-close follow-ups