Hiring a Transaction Coordinator
Just the other day, I was casually watching YouTube and saw a video for a company offering Transaction Coordinator Services. I had no idea what that actually meant so I thought I’d do a little research to figure it out. Here are few questions and answers that are worth understanding.
What is a Transaction Coordinator?
Based on what OfferToClose.com says in their YouTube video, a transaction coordinator is a neutral third-party that reviews all of the paperwork, set up disclosures, request signatures on documents, work with an escrow or title company, and do whatever they can to ensure a transaction runs smoothly from offer to close.
After doing a little bit more research, it appears a transaction coordinator, or TC, is similar to a paralegal. TCs primarily work directly with re...