Real Estate Leverage for Agents

Do you know your dollar per hour??

 

Our ultimate goal is to provide agents a simple, dependable solution for support in the next level of your real estate success. We believe that this starts with Transaction Management

The average real estate transaction takes about 40 hours from start to finish. However, out of those 40 hours, 30 of them are all administrative / unlicensed tasks.

Let’s run the math… For simple math, let’s say the average commission is $8,000. So without a Transaction Coordinator, your Average Dollar per Hour is:

Average Commission ($8,000) / Total Hours (40) = $200 / hour

With a Transaction Coordinator (including the fee that you would pay for the service, your Average Dollar per Hour becomes:

[Average Commission ($8,000) - $350 ] / Total Hours (10)] = $765 / hour

That is almost a 400% Increase! The leverage that Transaction Management provides allow you to focus on what is important in the transaction and growing your business.

Let’s talk transaction coordination.

Our Services

  • Our basic Residential / Commercial Contract to Close services.

    • Send all applicable buyer agreements prior to showings

    • Setup Transaction in Office System

    • Submit commission request in Office System

    • Send out Introduction to all Parties

    • Send out Documents to Co-Agent 

    • Setup DocuSign, CTM or DotLoop, etc... System (Contact, Closer, Lender, Deadlines, Folders)

    • Setup All necessary appointments (Appraisal, Inspections, Closing, etc.)

    • Send out Deadline reminders (agent frequency preference, includes Google Calendar event)

    • Request Signatures / Manage Paperwork

    • Preliminary review of file and docs

    • Submit to Compliance in Office System 

    • Send Commission Disbursement Authorization to Title

    • Send out reports and closing docs to all parties (complete document file to clients)

    • Close out transaction in Office System

    • Close out (Congratulations and Thank you) Emails to all parties.

    *$200 for Land or New Construction Transactions

  • Our basic Residential / Commercial Contract to Close services.

    • Setup & Close-Out Opportunity in Office System 

    • Open Title Order

    • Gather HOA Information 

    • Submit commission request in Office System

    • Send out Introduction to all Parties

    • Send out Documents to Co-Agent 

    • Setup DocuSign, CTM or DotLoop, etc... System (Contact, Closer, Lender, Deadlines, Folders)

    • Setup All necessary appointments (Appraisal, Inspections, Closing, etc.)

    • Send out Deadline reminders (agent frequency preference, includes Google Calendar event)

    • Request Signatures / Manage Paperwork

    • Preliminary review of file and docs

    • Submit to Compliance in Office System

    • Send Commission Disbursement Authorization to title 

    • Send out reports to all parties

    • Close out (Congratulations and Thank you) Emails to all parties. 

    • Close out in MLS

    *$200 for Land Transctions

  • One of our most basic services. For those that just hate paperwork :)

    • Creating & Setting Up Transaction in Office System

    • Submitting and verifying that all documentation is approved by the Office. Which includes Agency, Under Contract and Closing Documentation.

    • Submitting Commission Information to Brokerage to generate a CDA.

    • Closing out the Transcation in Office System & MLS as needed.

    • Complete MLS Entry including Photography and Attachments

    • Showing Service Setup

    *$50 / entry into MLS Service.

    **Additional $50 Rush Fee for MLS Requests that need to be completed in 24 hours or less.

  • Typically combined with MLS Entry, creation of Listing Documentation prior to going Under Contract. This includes the start of Agency Documents as well as Property & Brokerage Disclosures.

    • Request Review at Closing (Survey) (Custom to current review systems / links)

    • Buyer Documents / Compliance Entry (prior to Closing) -- When Showings start

    • Build out Contacts in Office System / CRM

    • MLS Entry (additional fee per MLS of $50/MLS Service)

    • Showing Service setup and testing (verify showing availability with clients, setup all showing information as well as access information)

    • Create and Complete Disclosures prior to going Under Contract

    • Photography / Staging / Sign Scheduling

    • Gather HOA Documents upfront, prior to going Under Contract

    • Gather Utility & General Propnrty formation upfront, prior to going Under Contract

    • Gather Due Diligence Documents upfront (Previous Inspection Reports, Repair/Update Invoices, Warranties, Appliance Manuals, Well/Septic Documents, Permits, Utility Bills)

    • Individual / Office System (Command, SkySlope, DocuSign, DotLoop, etc…) Setup

    • Request Reviews at Closing (Survey)

    • Build out Contacts in Office Compliance

  • *Please inquire directly for pricing as our packages vary depending on size of team and additional services.

    Includes all our packages as well additional services Data Entry to Team CRM or Lead-Generation, Integration into Team Communications (Slack, Weekly Team Meetings, Group Messages, etc…) as well as customized email signature to match Team Branding if needed.

Check-Out our All-Inclusive Transaction Package

Love getting listings, but HATE the work that goes with it? Avenue Transcations is now offering a new All-Inclusive Listing Package Service that includes our base services as well as sign placement and photography!

“I’ve worked with several transaction coordinators. The thing that sets Avenue apart is they understand what agents need and they adapt to each one to make themselves a valuable asset. They act as an extension of my organization and treat my clients like gold. They are thorough and proactive. I feel at ease each time I open a new file.”

— Alexis Smith-Frady, Compass Realty

Commonly Asked Questions

 

Am I assigned one person for all files, or does it change for every transaction?

Avenue Transactions assigns all Clients to one Transaction Coordinator. That means you have a dedicated person and face that interacts with all your clients, vendors and office staff.

What all do you need to started on files with a New Client? How long does it take?

30-45 minutes! All Clients go through a Expectations Meeting where they have a dedicated time to meet with their TC, get to know each other and customize process. Once this is completed, we send over a New Client Agreement to confirm pricing and gather login information.

What happens if my TC goes out of town? What happens with my files?

One of the bonuses of working with Avenue Transactions is the fact we are Team Based. That means that all TC’s manage files through the same software and are trained on all locations. If / when your TC goes out of town / is un-available for an extended period of time, we have another TC take over. This provides a seamless transition and no dropped deadlines / tasks.

Questions before getting started? Get in touch.