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Texas Transaction Coordinator Price


Real estate transactions involve a lot of complex paperwork that should meet all standard procedures and set laws. This is why most property sellers find it essential to seek Texas real estate transaction assistance from professional transaction coordinators to help them in the process. A real estate transaction coordinator is a special real estate expert whose main role is to manage real estate transaction paperwork and deadlines. This professional focuses on administrative tasks, customer service and knowledge support for smooth real estate transactions. A real estate transaction coordinator also understands and monitors conflict resolution mechanisms between property buyers and sellers by ensuring both parties come to an agreement and sign closing paperwork before they part ways. A few of the covered duties are covered below, however this is not an all inclusive list and we suggest you give us a call to see how we can help.

1. Escrow Management

This is among the primary roles of a Texas contract to close coordinator. The professional assists in opening escrow accounts to safely keep the buyer's money until all processes are complete. It's a bit challenging to open an escrow account if it's your first time since there are certain required steps which need accuracy. A transaction coordinator will support you in this case and will oversee the account until the right time to release the funds. Immediately after using the escrow account, you might want it closed. A transaction coordinator will assist in auditing all transaction aspects and ensure there's proper paperwork before it's closed.

2. Reviewing Purchase Agreement

This real estate assistant helps review the purchase agreement to ensure that there are no gaps or missing items that can later result in conflicts or court battles between the parties involved. The purchase agreement is a legal binding document which must be accurate before any party appends their signature.

3. Drafting Seller's Disclosure Packet

The law requires sellers to give buyers information regarding potential hazards associated with their properties. A transaction coordinator will help you draft this complex requirement and other essential addendums while following the law.

4. Coordinating communication between all parties

It's the duty of a transaction coordinator to act as an intermediary between all involved real estate parties, including the sellers, buyers, realtors, escrow companies etc. The coordinator documents every communication between the parties such that there's a proper trail in case of miscommunication and errors, thus making it easier to get quick solutions.

5. Monitoring Deadlines

A transaction coordinator will track and monitor deadlines. The professional will also make follow-ups whenever deadlines aren't met. Typically, buyers will be issued a notice in case of contingencies.

6. Earnest money confirmations

A Texas contract to close coordinator will double-check whether the buyer will put the required amount of money in the escrow account and available terms.

7. Overseeing the final walk through

This is an essential part of property buying and selling. It involves buyers ensuring that every aspect is in order before they take over the property. A real estate transaction coordinator will ensure all pending contingencies and owner's; belongings are removed, and all questions are answered.

In conclusion, these are the main duties of real estate transaction coordinators. They can also help monitor loan underwriting, set your tax season and look after tax withholdings.


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