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BROKERS AND OWNERS

Take this quick test to see if you should use EscrowCoord.com

  1. Are you considering creating a transaction coordination department for your company but don’t know where to start?
  2. Are you looking for more control over your existing transaction department(s)?
  3. Are you and agents having challenges with final file auditing?
  4. Is someone competent and experienced auditing your files for DRE/Broker compliance?
  5. Do you have an in-house Coordinator in place, but agents are not using the services?

If you answered “yes” to any of these questions, then it’s important that you read further!

Considering a transaction coordination department for your company but don’t know where to start?

You are not alone! Considering the time, effort and money it takes to interview and hire a Coordinator, then train them on your systems (if you have any), introduce them to your agents, etc… It’s overwhelming!  Many brokers have utilized our expertise to set up a virtual transaction management department for their company. Why re-invent the wheel? Use our proven systems to make your TC department an added-value service for your agents.  

Do you have multiple offices with Coordinators but no flow of systems/information?

It’s important to be consistent and predicable from both the company efficiency and DRE compliance perspective. Transaction Coordinators are challenged working with each other when no standard policies exist. A centralized flow of information helps agents and Coordinators work better together, ensures broker compliance and provides better use of staff time. We create centralized systems and policies for transaction management departments to facilitate broker DRE compliance, provide education to staff and teach Coordinators how to manage files.

Do you have an in-house Coordinator in place, but agents are not using the services?

I know, DRE file compliance is the last thing you want to think about. Did you know the most likely time that a legal issue will arise is during the pending sale period? You need transaction files complete at close with adequate documentation to protect you, the agent and client. Your E&O company will appreciate this and you may even save money on premiums by using a Coordinator to manage all files!

There can be a number of reasons agents don’t use an in-house Coordinator including poor training, ineffective systems and pricing. Because of my extensive knowledge and training expertise, let me show you how to turn a non-productive transaction coordination department into an asset for your company!

What about file auditing for agents who won’t use the services of a Coordinator?

Many brokers are stumped when deciding who performs final file audits if the agent declines to use TC services. Often this “burden” is given to administrative staff with no transaction management experience.  The staff is frustrated when the file delivered at close is incomplete and extra work is required to obtain documents from the agents. I’ll show you how to create sanity for your staff and protect your company using our special Limited Transaction Service that makes it easy for the agents to submit a complete file at close.

Are you struggling with hiring, training and keeping in-house Coordinators in your office?

Time to think outside the box! Not so long ago, an in-house Coordinator was needed to manage hard copy files, make copies, FAX, etc. This type of system is dated, slow and very inefficient!

Professional Coordinators have years of experience and training. As a result, they demand and deserve to be paid well. If you have an office that can only guarantee a closing rate of 10 transactions per month or less, then most likely this will present a financial challenge to an experienced Coordinator who is willing and able to handle more!

Our Coordinators easily manage multiple transactions for different offices using our state-of-the-art technology and website created for efficient 24/7 access from most any computer. This is the logical way to leverage their time and abilities while earning the highest salary with competitive fees.

 As a result we can offer our outstanding services and Coordinators to "boutique" offices as well as large companies.

How is EscrowCoord.com paid?

No more hassles with training, payroll, workman’s comp, and vacation/sick pay or desk space. EscrowCoord.com is an independent contractor that is compensated for services through escrow (for each successfully closed transaction). What could be simpler than that?

Let’s get started! Call me today to set up a free-no obligation consultation to discuss your needs for your company.
Diana Turnbloom (925) 692-0067.