What a Transaction Coordinator does for you
Statistics show that on average an agent spends more than 20 hours on every transaction just reviewing forms, getting signatures and keeping all parties up to date and on schedule.Leverage that work to Leveraged Real Estate Solutions so you can do more business, or take more vacations.
Our Transaction managers will keep everyone on the timeline, make sure all paperwork is complete, and coordinate all communication with buyers, lenders, title, home inspector, home appraiser, home warranty, and agents to give you back your time. You can relax knowing your transaction is moving forward, and you can see it all happen in the background. LRES uses a sophisticated software to keep you informed every step of the way. You will get a full record of all actions and documents with access to our online system available at all times. LRES guarantees a successful closing, if it doesn’t close, you don’t pay us anything. Interested in some of the things we will do for you? Well take a look!
What We've Achieved
We introduce ourselves to all parties and give everyone a summary of all the important timelines.
Liaise between the seller, buyer, lender, title and various third parties.
Review the purchase agreement for completeness.
Ensure the buyer’s earnest money deposit is in escrow on time
Draft addendums and other required paperwork.
Monitor deadlines and keep everyone on task
Ensure the loan contingency removal is tracking on time.
Ensure the loan underwriter is on schedule and inform parties if they are behind.
Deal with the Request for Repair addendum or waivers.
Obtain other waivers where applicable.
Schedule inspections, appraisals, and closing
Document communications among the parties.
Audit the file prior to the close of escrow to ensure all paperwork is complete.
Coordinate the final walk-through.
Create a complete file for the clients, typically in electronic format, which will help with get paid fast.
Find issues before they happen and solve the problem.
Babysit the deal from contract to closing, so you don’t have to.
Free up your time.
And those are just the tip of the iceberg!