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Transaction coordination services

Transaction coordination services
Service
TRANSACTION COORDINATION SERVICES

Transaction coordination

Transaction
coordination
$370
Per transaction


Description:

This service offers the coordination of all the necessary steps in order to have a smooth closing. The transaction coordinator will be in communication by email with all parties involved in the transaction including the client, real estate agent, cooperating broker, lender, title company, inspector, etc., requesting signatures, watching deadlines, setting up the next steps, disclosing information, doing follow ups and being the back office for the real estate agent. The transaction coordinator will take a proactive approach in order to protect our real estate agent and the client, assumingthat every party involved does their job.


For buyers

  • Create offers and send them via email to the listing agent
  • Create the transaction in My Authentic Account and in Transaction Desk
  • Request and execute all necessary documents & addendums
  • Obtain and provide wire Instructions
  • Provide vendor referrals such as inspectors, management companies and currency exchange companies
  • Make sure earnest money is sent before the deadline
  • Provide HOA declaration and Bylaws
  • Documents and disclosures follow up
  • Home inspection Coordination
  • Seller's contribution check
  • Request insurance quotes
  • Arrange and notify closing signatures
  • Titleship confirmation
  • FIRPTA coordination (if applicable)
  • Loan approval follow up
  • Work with the appraiser to schedule appraisal
  • Request the ALTA Statement
  • Make sure the commission and the transaction fee is correct
  • Create and execute CDA
  • Request utilities information for the buyer
  • Request high estimate and cash to close from the lender
  • Provide assistance in wiring final funds
  • Set up Final Walkthrough
  • Schedule the closing
  • Complete compliance check and submit documents to the broker
  • Request a review from the client for the real estate agent on Zillow and Realtor.com


For sellers


Everything we offer for buyers plus the items below.


  • Create and execute the listing agreement
  • Schedule photographer and staging
  • List property on the MLS
  • Change MLS Status




The Transaction Coordinator does not provide the following services:


  • Speak to the clients by phone or text message
  • Negotiate with the client, agents or tenants
  • Give advice or counteroffers
  • Schedule showings
  • Take photos or place a lockbox on the property
  • Conduct final walkthroughs
  • Gather property information such as features, HOA dues, property taxes, furniture etc.


The transaction coordinator fee is to be deducted from the agent's commission. If the transaction does not close, the agent will still pay for the service proportionally depending on which stage the cancellation happens. When representing the buyer, the transaction coordinator will create up to 5 offers. After that, a $100 fee will be charged for every 5 offers.

Transaction Assistant

Transaction
Assistant
$2,000
Per transaction


Description:

This service offers not just the coordination but the execution of all the necessary steps in order to have a smooth closing. The idea of the Transaction Assistant service is to have the real estate agent bring the client with an executed contract and the Transaction Assistant will take it from there until closing. In this case the Transaction Assistant will work to make things happen rather than just coordinating the transaction by going above and beyond on the real estate agent’s behalf making sure the cooperating broker, lender, title company, clients and anyone else involved in the transaction is doing their job right, allowing the real estate agent to be very hands off the transaction and administrative work.


Everything we do in the transaction coordination service plus the items below.


  • The Transaction Assistant is a licensed real estate agent that will represent you by been the primary point of contact for anything related to the transaction and will conduct most or all communication between the clients, cooperating broker, lender, inspectors, appraiser, title company, HOA and any other party involved in the real estate transaction
  • Take a proactive approach by calling your clients to set the right expectations and to answer any questions they may have related to the contract, addendums, disclosures, inspections or anything else that takes place during the real estate transaction
  • Host a financing meeting with your clients to explain the importance of sending all documents to the lender in a timely manner and to go over the missing items
  • Negotiate inspection and appraisal on agent's behalf
  • Call and follow up with the lender, title company, HOA and anyone else in order to push forward and make things happens
  • Register new appliances, AC compressors and handlers for extended warranty (for new homes)
  • Review Alta Statement
  • Allow the agent to focus on other sales and be hands off with administrative work




The Transaction Assistant does not provide the following services:


  • Perform any work outside the office
  • Take photos
  • Place a lockbox or for sale sign
  • Conduct final walkthroughs


Some additional services may be provided for an extra cost. The transaction coordinator fee is to be deducted from the agent's commission. If the transaction does not close, the agent will still pay for the service proportionally depending on which stage the cancellation happens. When representing the buyer, the transaction coordinator will create up to 5 offers. After that, a $100 fee will be charged for every 5 offers.
At this moment our transaction services are provided in the following languages English, Spanish and Portuguese.
English
English
Spanish
Spanish
Portuguese
Portuguese
At Authentic, our transaction coordination services are conducted by experienced and licensed real estate agents, experts with transactions and administrative work.


Our transaction team has vast experience working with buyers, sellers, landlords and tenants. These services can really improve the agent's efficiency, quality of life and stress levels, and can significantly minimize the amount of mistakes the average real estate agent makes during a typical transaction, allowing the agent to focus on what really matters, which is selling real estate.


We have a lot of experience and knowledge working with locals, out of state and foreign clients, which demands know-how and expertise in order to protect their best interest. We are committed to offering high quality services and exceeding expectations.

Use our transaction coordination services to improve your efficiency

Tiago Ferreira
Use our transaction coordination services to improve your efficiency, quality of life and to make more money by focusing on what really matters, which is selling real estate!
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