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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:
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Opening the escrow account.
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Planning inspections and coordinating with sellers for property access.
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Coordinating negotiations for repairs and the completion of repairs.
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Communicating updates to every party involved in the transaction.
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Monitoring the contingency periods for contractual compliance.
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Ensuring all documents are submitted in a timely manner.
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Coordinating the closing process.
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Scheduling after-close follow-up to ask for referrals.
Transaction Coordination
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