Escrowcoord.com Transaction Management FAQ’S
- How does EscrowCoord.com Virtual Transaction Management work?
- How can EscrowCoord.com do all this remotely away from my office?
- How do I open an order with EscrowCoord.com?
- What are the benefits?
- What if I don’t close?
- How do I get started?
How does EscrowCoord.com Virtual Transaction Management work?
Using state-of-the-art technology and software to track paperwork, our experienced staff send out timely reminders, prepare documents for signature, review reports, upload documents on our website for viewing, and help solve problems. As you receive documents, simply forward them to us for processing (via email, FAX or upload to our convenient website). At the end of a transaction, you receive a CD of your file (includes ALL email correspondence) and one custom branded for your client (makes a super professional closing gift!).
How can EscrowCoord.com do all this remotely away from my office?
There is no need to work in an office with modern technologic advances. Your file is stored on our website and is available for you to view 24/7 from virtually any computer with internet access. For questions regarding your file, simply email or call your Coordinator.
How do I open an order with EscrowCoord.com?
Once you have a fully executed purchase contract, complete our online form with team information and email all contracts and documents to us. Within 24 business hours, your file will be available on our website. You and other team members also receive a comprehensive team and timeline sheet. Your assigned Coordinator will exclusively work on all of your transactions.
- NO TRAINING NEEDED. All Coordinators are experienced and personally trained by Diana Turnbloom. She has coordinated pending sale transactions for over 14 years and teaches transaction management to real estate professionals plus published numerous educational products for real estate professionals (visit Escrow Coordination Secret).
- Eliminate hassles with payroll, vacation, sick pay, workman’s comp or providing desk space for additional staff. We are paid per successfully closed transaction through escrow.
- Your professional Coordinator is always available during normal business hours to work on your escrows.
- Use our services on an "as needed" basis without long-term obligations.
- Team members receive timely reminders of critical contractual obligations (contingency removals, deposits, etc.).
- We are experienced with REO, Short Sale, Land, Commercial, Probate and BK sales (and Old School transactions of course!).
- Our software expertise includes Top Producer, Transaction Point, Settlement Room, Excel, Microsoft Office, Outlook, Winforms and Adobe.
- We have knowledge of multiple state/area contracts including CAR, San Francisco, PRDS, AIR and a variety of REO Addenda.
- Our hassle-free services and competitive rates make it easy to use our company.
- Your time is leveraged so you can focus on money producing tasks such as showing properties, presenting offers and attending listing presentations.
We charge a minimal service fee for escrows that are cancelled after 20 days. You will receive a CD of the transaction documents for your files.
Simply sign a contract agreement with EscrowCoord.com then complete a Favorites form, save an Intake form to your desktop (for future transaction orders) and your done!
We ask that you also provide a list of office required documents so we can build a custom tracking program for you. If you don’t have a list, no problem--we will work together to create one!