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Every real estate agent knows that a number of administrative tasks are involved in closing a deal. A transaction coordinator will take care of them for you. The duties of a TC include:

• Opening the escrow account.

• Planning inspections and coordinating with sellers for property access.

• Coordinating negotiations for repairs and the completion of repairs.

• Communicating updates to every party involved in the transaction.

• Monitoring the contingency periods for contractual compliance.

• Ensuring all documents are submitted in a timely manner.

• Coordinating the closing process.

• Scheduling after-close follow-up to ask for referrals.