When you work with a real estate agent, they will manage the critical aspects of the real estate sale or acquisition process. From the initial offer to negotiations with the other party, real estate agents are essential and convenient to have on your team. However, they may have a real estate transaction coordinator helping the entire deal to move forward seamlessly. Here are three simple topics you might want to discuss with your real estate transaction coordinator.
1. "Do you need anything else?"
One of the responsibilities real estate transaction coordinators take care of is gathering all of the essential paperwork you need to get the loan done. Ask them if they have everything they need, and when you should expect documents back about your property. For instance, if you have recently had a home inspection, you may be wondering when you will see the report or how your real estate team will use that report when completing the deal.
2. "How long until we close?"
Your transaction coordinator should be able to answer any questions you have about your recently purchased home, including dates like due diligence and inspection periods, expected responses from the sellers, and your closing date. Asking your real estate transaction coordinator these questions instead of relying so much on your real estate agent could help them to focus on the task at hand and get the work done, which can help you in the long run.
3. "What needs to stay behind?"
If you are selling your home, there may be detailed information within the paperwork regarding what needs to stay and what will be going with you when you move. Every contract is a little different, but in general, you may be asked to leave behind anything connected to the house, including the curtain rods, assistive pull bars, and fixed shelving units. Some contracts even ask homeowners to leave behind appliances, such as washers and dryers. By leaving the right things and taking the right things, you can avoid delays, accusations, and stress between you and the buyer or seller.
If your real estate agent works with a real estate transaction coordinator, talk with them about what you want out of a property and visit with them about how the process is unfolding. Be open and honest with them when you discuss different aspects of the home purchase or sales process, and don't hesitate to reach out to your real estate agent if you have any concerns. Contact a real estate transaction coordinator for more information.