In a nutshell, real estate transaction managers help your clients cross the finish line, with hands raised in victory.
They make sure all the ‘t’s are crossed and ‘i’s dotted at each and every stage of the closing process, so you and your agents don’t have to.
Here are some of the tasks a transaction manager can take off your hands:
Organizing and monitoring all transactionsCommunicating with all parties involvedServing as the first point of contact for credit executives and bank associatesFiling the required documentation in accordance with local, state and federal lawsKeeping all parties to deadlineMonitoring liabilitiesResolving any issues that arise
Let’s put it another way: your transaction manager is a partner to your business.
A stellar transaction manager genuinely cares about the client experience. From making sure every document is correctly signed, to setting escrow accounts for buyers and keeping agents on top of deadline—there are a million different ways they can help. (From Follow Up Boss)
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