There is a common misconception that your TC takes over once you've opened escrow. However, including your TC in your file as soon as that Listing Contract is signed, could help save HOURS of your time. You're already working to prepare and promote your new listing, so the last thing you're worried about is paperwork on a file that's not even in escrow yet. Below are the things you (or your TC) should handle on your listing: IS ALL THE PAPERWORK THERE? I always recommend that

When it's your first time writing up an offer for a client, or you have a client that has you writing up offer #74,802,9103, it's easy to only focus on the purchase agreement and lose sight of other items you could or SHOULD be including in your paperwork that give you and your client that extra edge. Here is a breakdown of the bare minimum when it comes to offer paperwork: 1. Pre-Approval Letter This is not to be confused with a Pre-QUALIFICATION letter. When a lender pre-qu

The average real estate agent will tell you they've "seen it all", but even seasoned Realtors will run screaming at the sound of these scary statements. Can you make it through this list without cringing? "Well, Zillow says..." "The underwriter has asked for a few more additional items" "The buyer would like a mold inspection" "My client is out of the country for the rest of the transaction" "I know our offer was all cash, but the Buyer decided to get a hard money loan instea

We get it. Your inbox is a nightmare. You have notifications from your lead generating sites, reminders from your CRM database, offers on your listing, showing requests from Buyers, alerts from real estate market sites and the list is endless. Most agents avoid their inbox entirely because it looks like this: Fear no more! We have a quick and effective solution to help you never miss another important email again! Setting up color coded labels for specific emails will help br

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A fine-tuned work flow created between you and your TC can result in more time for lead generating & money making tasks as well as incre

As a Transaction Coordinator, I handle a lot more files a month than the typical Realtor. The average is about 30 closings a month and up to 60 open files at any given time. That kind of volume means that I've seen it ALL. Extreme requests for repair. Up to 5 different transactions all contingent on each other. Hidden HOA companies. Escrows that have gone smoothly and escrows that have almost made me want to quit my job and move to another country. The most common issues aris

The title "Transaction Coordinator" can be a little misleading. There is plenty of coordinating going on, trust me. But sometimes the title alone can lead to missed expectations from all different sources. I've often heard the service described as, "When you open escrow, you just hand them the file and they take care of it." Ummmm, no. Not really. According to the California Association of Realtors website a Transaction Coordinator (also known as a "TC") is: A person who assi

It can be a scary thing to have a client trust you with selling and/or buying their most precious (and often expensive) possession. It would