Life as a real estate agent is busy. Negotiating offers, showing homes, attending inspections, conversing with clients, coordinating with lenders, the list goes on. If you are looking for ways to leverage your business, it may be time to consider a transaction coordinator. Transaction coordinators take pressure off you as the agent and help you work through the inefficiencies that are holding you back. The following are three signs you need to hire a transaction coordinator.
1. You Find Yourself Missing Details
Details truly matter in real estate. Missing deadlines and forgetting important tasks can result in broken transactions and ruin your reputation as an agent. Transaction coordinators oversee every step from a signed contract to closing. They manage the paperwork and administrative tasks involved, check for compliance and help keep you as the realtor on track. Letting your TC worry about keeping things moving along will make the whole process less stressful for you. TC’s can manage your transactions, implement systems, and automate the process to protect the particulars of each deal. As the agent, you won’t need to worry over the details and can be confident that nothing is slipping through the cracks.
2. You Don’t Have Time to Build Relationships with your Clients
Real estate is a business of relationships. It is all about who you know. Some of the best marketing you can do as an agent is to spend time talking with your clients to ensure they have a positive experience working with you. These connections have the potential to turn into referrals and new clients down the road. Agent-client relationships are built during inspections, through conversations over the phone, and as you are showing homes. If you are finding you don’t have the time necessary to be present with your clients, a TC can help make that happen. A transaction coordinator can send emails on your behalf to help clients know what is next in the home buying process. They can be your virtual support so you can be on the road with your clients. Transaction coordinators take on the details to make sure you have time to build the relationships that matter most in the end. Talk about leverage!
3. You are Feeling Burnt Out
Work-life balance is critical to success in any business. It is healthy and possible to meet your goals as a real estate agent while still having time for family, friends, and hobbies. You should be able to go to work, give it your all; and when you are home not stress about managing your transactions. There is no shame in hiring a transaction coordinator to help prevent burnout. Transaction coordinators can provide you the opportunity to focus on the parts of your job that you love. If you want to take your business to the next level, you need to feel your best.
If you are experiencing any of these three signs, consider hiring a transaction coordinator. They are one of the best ways you can leverage your business and ensure all-around satisfaction and success for years to come.