There are so many moving parts in a real estate transaction. And while most for sale by owners (FSBO) can make it through the transaction, it typically causes some pain and additional headaches for all involved.  The use of a transaction coordinator can help assist with many of the things that take time, energy, and effort.

A FSBO Transaction Coordinator typically handles four main pieces of a transaction

1. Document Preparation & Organization

The FSBO transaction coordinator helps ensure that all the necessary paperwork is ordered, completed, and organized properly.  Real estate transactions require a plethora of paperwork. Having a transaction coordinator makes sure that it gets done on time and correctly. They organize, prepare, and review those documents. Not only that, a great FSBO transaction coordinator knows the ins and outs of every document you will need to complete the sale. So you won’t have to worry about missing a single piece of the puzzle.

2. Transaction Coordination

Coordinating communication between several parties is a lot to juggle on your own. Thankfully, the FSBO transaction coordinator can communicate with other parties involved in the sale, such as the buyer’s agent, title company, and lender, to help ensure that everything stays on track and any issues are addressed promptly.

3. Scheduling

The FSBO transaction coordinator can help schedule vendors such as pest inspectors, home warranties, etc. They also make sure that closing is completed on time while allowing the seller the flexibility to sign in advance or sign from afar. This means scheduling showing times, coordinating the closing, and making sure every component aligns with the timeline.

4. Providing Guidance

Great FSBO transaction coordinators can answer any questions the seller may have throughout the process. They can offer guidance on a variety of things: from paperwork to any item you need help with! They will provide guidance on what to expect and how to handle any issues that may arise.

Overall, the transaction coordinator can help any FSBO seller, agent, or lender navigate the complex process of selling a property. They will ensure that everything is handled efficiently and professionally, which in turn saves all parties time, energy, and money.

Curious about the RealClear FSBO Transaction Coordination Process?  Click HERE for our Guide to FSBOs.