Contract To Close

What is a Transaction Coordinator?

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A transaction coordinator coordinates the transaction process, including paperwork, communication with clients, and much more.

This position of Transaction Coordinator has been a well known concept, and because of the complexities of new rules and regulations has become a vital part of the process. 

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Realtors used to hire assistants to do these tasks, and they would get paid by the hour whether they had anything to do or not. Most Transaction Coordinators charge for each successful transaction their client closes instead of charging hourly. Saving you cash in the long run.

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Transaction Coordinator Duties Contract to Close:

• Open Escrow

• Send contract to all involved parties

• Send welcome email

• Create timeline and send to agent

• Enter into Calendar

• Make sure EM is received

• Send preliminary title to buyer

• Send preliminary disapproval email

• Request resale certificate (if applicable)

• Request form 17/ Form 22K if not received with the offer

• Request HOA documents

• Send HOA documents to clients

• Request septic/ Well health letters

• 35R addendums sent to escrow and lender

• Send 35R to client

• Order home warranty (if requested)

• 22AL/22AP

• Ensure all contingencies are satisfied/ Confirm and clear all documents and dates

• Closing emails

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