VBS Real Estate™
TRANSACTION COORDINATOR
We get it! The Real Estate Business can be fun up until the day-in and day-out tasks of managing your contracts.
Title requesting documents for a closing while you are showing 4 homes.
The follow-up you want to give your client but you are with another client for 2 hours.
The tactful way you want to address an escalated situation but your phone is ringing off the hook?
VBS Real Estate™ handles it all!
Call us so we make your life easier!
The VBS Real Estate™ Transaction Coordinator Package Includes:
Intake Tasks
Review the contract for completeness and pursue necessary parties for outstanding initials, signatures, and dates.
Send the agent an email outlining important dates and contact all parties involved in the transaction including the lender, title company, client, and co-op agent; introduce myself and request that all paperwork and communications related to the transaction flow through me.
Add all dates to your digital calendar.
Establish a file in your Broker system of record, upload documents and contact information.
Contract Management
Coordinate the timely satisfaction and removal of all contingencies and keep you informed of the progress, including ordering HOA/Condo docs
Weekly lender check-in and more frequently when necessary.
Coordinate inspections with you, the inspector, the Buyer, and the co-op.
On-going system of record maintenance as documents are submitted, changes are made via amendment, and we work through the transaction process.
For Buyers: Collect the 2nd Deposit check from the Buyer and forward it to the listing agent.
For Sellers: order payoffs and tax, water & sewer certs.
Send a detailed email requesting home warranty selection and follow up until selection is made.
Pre-Closing
Provide clients with reminders to connect or disconnect all necessary utilities and to secure homeowner’s insurance.
Verify loan commitment with the client’s lender, provide copies, and notify you of any problems in underwriting.
Order and review the title report. Notify you of any issues and help to resolve them.
Schedule the final walkthrough and closing with your clients, the title company, and you.
Post Closing
Obtain final signed closing disclosures and upload them to your system or record.
Provide a congratulatory letter to your buyer(s) or a thank you letter to your seller(s) prompting them to leave a review for you with clickable links.
Design Just Sold postcards and send them out to the demographic of your choice (postage paid separately).
Add the client to your contact database with a new address and email to be added to your past client drip campaign.