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Why You Need a Closing Coordinator For Your Property Sales

Selling and buying property can be a highly stressful and complicated process for all involved.

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It involves liaising with a number of parties and a significant investment in time and funds to successfully close without unwanted complications.

This is especially the case if you’re a real estate agent who closes on several transactions a month.

If you’re an agent who regularly closes on more than three property transactions a month, you may already be aware of what a closing coordinator does and what hiring one could potentially do for your business.

In this article, we’ll go a little more in-depth into closing coordinators, what they do, and the benefits they could bring for your business.

Make sure to visit Close Concierge for more information about our closing coordinators and real estate services.

What is a Closing Coordinator?

In a nutshell, a closing coordinator’s primary role is to help relieve pressure for real estate agents by taking on time-consuming admin duties.

These can include tasks such as liaising between agents, brokers and surveyors, sorting and filing paperwork, and scheduling inspections.

The agent and closing coordinator work closely through every step of the closing process. The agent is also kept in the loop throughout every step of the way to ensure that the transaction runs as it should.

All of this is done to ensure that the real estate agent has the time to conduct their own work as smoothly and efficiently as possible. In fact, a closing coordinator can save up to 15-20 hours spent on a transaction.

This ensures that the real estate agent can instead focus on securing more deals and closing on more contracts.

What are the Benefits of Closing Coordinators?

As already mentioned, a closing coordinator can free up a huge amount of time for real estate agents.

This free time can be better spent following up on more leads, leading to more completed transactions and more prospects for growth within the business.

Another benefit of hiring a closing coordinator is also the wealth of knowledge and expertise they bring to the transaction process.

As a closing coordinator primarily focuses on the contract-to-close part of the transaction, they can manage the process with more speed and accuracy than most real estate agents.

An important aspect of this is ensuring that all the associated documents and paperwork in the transaction are kept fully compliant. This is a crucial piece of safeguarding that ensures that any liabilities that may be brought against the agent in the future are minimized.

A closing coordinator will make sure that every single piece of paperwork is correctly filled in, filed appropriately, and completed within set time frames.

Want to Learn More About Closing Coordinators?

The benefits that closing coordinators can bring for your real estate agency can be significant.

However, what’s just as important is knowing that you’re getting the best closing coordinators on board from the most reputable and well-regarded businesses.

Close Concierge provide top-quality closing coordinators for high-performing agents. We accompany you throughout the property transaction process to save time, expense and hassle so you can get on with what you do best.

Be sure to visit our website for more information about the services that we provide.

Meta title: Why You Need a Closing Coordinator For Your Property Sales

Meta description: Considering hiring a closing coordinator for your agency? Read on to find out how it can benefit you and your business.

 

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