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Residential real estate transaction coordination
A number of individuals can handle real estate transaction coordination. Usually, it's part of the services that a real estate broker performs on behalf of their client, but it doesn't necessarily have to be a licensed broker who conducts the work. In some cases, the tasks are given to an assistant or outsourced to a company specializing in this type of work. These outsourced companies are known as Real Estate Transaction Management companies or Real Estate Transaction Coordination companies.

Duties of a real estate transaction coordinator can vary greatly depending on whether the individual coordinator has a real estate license or not. If the coordinator is licensed, they may be permitted to engage in ministerial acts, whereas an unlicensed coordinator legally can not in the United States.


 * Major duties
 * drawing up real estate listing and sales agreements
 * reviewing documents for quality assurance
 * filing and organizing paperwork
 * obtaining contract signatures
 * coordinating the real estate appraisal appointment
 * assisting with home insurance quotes
 * scheduling inspections
 * scheduling water testing and percolation test
 * collecting repair and maintenance receipts
 * following up with mortgage lenders
 * forwarding contracts and paperwork to the real estate settlement company
 * ensuring utilities are turned on/off before closing
 * coordinating the closing date, time, and location
 * sending out closing documents to brokers, buyers, and sellers.
 * returning emails, calls, and texts about transaction details
 * ordering and delivering homeowners association, property owners association, or condominium association documents for review.
 * entering information into transaction management software platforms
 * following up with home buyers and sellers after their real estate transaction closes