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Online Transaction Coordinator

  Should I Hire an Online Transaction Coordinator?

An online or remote transaction manager is a professional that can handle your real estate transactions without being on your permanent payroll. Many struggle with the decision of whether to hire a transaction coordinator or to simply manage the transaction themselves.


Ultimately, the decision belongs to you, but the following questions can help you make the best decision:


Are You Experienced in Real Estate Transactions?


If you are experienced, you are probably more than capable of handling it yourself, so your answer will depend on the last few questions here.


If you are not experienced, you will need to spend time learning the process. For those that have the time to spend and are looking to expand their skills, learning the real estate transaction process might be a good idea.


For those who do not have the time to spend on developing new skills, or would simply prefer developing other skills, you would be better served hiring an online transaction coordinator.


Do You Know All of the Steps of Real Estate Transactions?


Whether or not you are experienced, this question is important. Do you know and are you comfortable with each step of the real estate transaction process? If not, you will have to take the time to learn them or choose instead to let an independent transaction coordinator handle these tasks.


How Much Time Do You Have for Admin Duties and Appointments?


Real estate transactions are full of paperwork, scheduling and following up on appointments, keeping track of deadlines, making sure everyone else follows the schedule and a long list of other tedious tasks. One of the biggest factors in deciding whether or not to hire a remote transaction coordinator is determining just how much time you have to dedicate to such tasks.


Businesses require a lot of work to run and expand, so most business owners and agents simply do not have the time for administrative duties. If you do not, an independent transaction coordinator is a great idea.


Are You Responsible for Every Part of Your Business?


If you are wearing all- or even most- of the hats in your business, adding more duties onto your plate can have many negative repercussions.


How Many Projects Have You Handled Successfully?


Transaction management is project management for real estate transactions. If you are an experienced project manager, transaction management might not be such a challenge for you. If you have never handled a project successfully, consider hiring a remote transaction coordinator instead.
 
With years of experience and knowledge, Accurate Transactions can ensure efficient and timely completion of your transaction while you focus on running your business.

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