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The HomeBay Blog

Top 7 Benefits of Hiring a Real Estate Transaction Coordinator

Many sellers don't know that you don't have to hire a traditional real estate agent or broker to get quality representation in a sale. Instead, investors and FSBOs can hire a Transaction Coordinator (TC), a real estate expert who assists with offer negotiation, escrow and closing, for a fraction of the cost of an agent. Read on to learn seven big benefits of hiring TC to help you through the selling process. 

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What Does a Real Estate Transaction Coordinator Do?

When you sell your own home, you quickly find yourself buried in contractual documents, financials and to-do lists. You know every detail must be handled with precision if you don't want your transaction to get derailed. That's why it makes good sense to hire a skilled transaction coordinator (TC) to manage the whole process. So what exactly does a TC do? Let's take a look. 

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Transaction Coordinator 101: An Intro for Home Sellers

A real estate transaction is full of complex paperwork that varies by city and is impacted by local, state and federal laws. That's why home sellers often decide to use an agent to manage their sale - but doing so is outrageously expensive. In fact, the average listing agent commission is 3% of the total sale price of your home! That can mean thousands of dollars in fees for the average home seller.

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