Table of Contents
- The Benefits of a Virtual Real Estate Transaction Coordinator
- Virtual Real Estate Transaction Coordinators Save Money
- Affordable Virtual Real Estate Transaction Coordinators
- Virtual Real Estate Transaction Coordinator FAQs
- Trust AgentUp’s Transaction Coordinator Services
Virtual real estate transaction coordinators (TC) have grown increasingly popular in the US real estate industry.
A virtual real estate transaction coordinator performs the same functions remotely for significantly less cost than an in-house TC.
Many brokers and agents want to partner with a transaction coordinator but are concerned about the costs.
This article will show you how to find affordable virtual real estate transaction coordinator services.
But let’s start by looking at some of the impressive benefits of working with a virtual TC.
The Benefits of a Virtual Real Estate Transaction Coordinator
It’s no secret that increased sales volume usually means more revenue in real estate. And a virtual TC can help you improve your bottom line.
A virtual transaction coordinator can be a game-changer for real estate agents. Offloading administrative tasks allows agents to focus on what truly matters: building relationships and closing deals.
Here’s demonstrated proof of how a virtual transaction coordinator can elevate your business:
- 98% of agents who use virtual real estate transaction coordinators close more sales per month compared to those who don’t
- 50% of the top-performing real estate brokerages rely on virtual TCs to lower costs and save time
- Agents using virtual transaction coordinators regularly see a 25% improvement in productivity
- 95% of clients reported positive experiences working with a TC
- Virtual TCs reduce the risk of errors by 80%, saving time and money by eliminating the need for rework
- 70% of agents who hired a virtual real estate transaction coordinator reported increased revenue within the first year
Moreover, virtual coordinators bring specialized knowledge of the transaction process, knowing how to increase productivity while ensuring compliance with regulations.
Take a closer look at what are the benefits of hiring a transaction coordinator.
Ultimately, a virtual transaction coordinator is a strategic investment that can streamline operations, improve efficiency, and boost overall business performance.
Virtual Real Estate Transaction Coordinators Save Money
Hiring a virtual assistant can dramatically reduce overhead costs compared to employing a traditional in-office employee.
Statistics confirm the cost savings and efficiency. Survey after survey shows the clear advantages of using remote workers:
- Virtual real estate workers are 4.4% more productive than their in-office counterparts
- 58% of real estate brokerages report that virtual employees provide better service with fewer errors than in-house staff
- Businesses lose $600 billion each year to workplace distractions – something virtual workers don’t have to contend with
Because many virtual assistants work remotely from countries with lower labor costs, you can often hire qualified professionals at a fraction of the salary you’d pay a domestic worker.
Many virtual workers are outside the US. The salaries and hourly wages they require are often less than those of workers in the US.
For example, while $15 an hour is likely too low for a US real estate assistant, that may be a healthy, middle-class wage in other countries.
In addition to likely paying a lower per-hour wage, the following cost savings benefits are also possible:
- Office space – there’s no need for deskspace or related office expenses
- Workstation equipment – you don’t need to provide a computer, telephone, or other costly equipment
- Administrative supplies – you’ll likely save on copy paper, pens, and utility bills
- Reduced distractions – your virtual assistant will be more productive without common office distractions such as coworker conversations, commuter concerns, and other related issues
Moreover, you’ll avoid expenses related to employee benefits, such as health insurance, paid time off, and retirement contributions. These combined savings can significantly boost your bottom line.
Next, let’s examine some affordable options and examine the actual prices for virtual real estate transaction coordinators.
A Virtual Transaction Coordinator Eventually Pays for Themselves
A virtual real estate transaction coordinator eventually pays for themself. How? Let us explain.
By offloading time-consuming tasks like paperwork, scheduling, and communication, you’ll have more time to focus on client acquisition and relationship building.
Research shows top agents spend at least 20% of their time building relationships. With a virtual TC managing the paperwork and scheduling, you can easily dedicate time to finding more buyers and sellers to work with.
Therefore, a virtual TC pays for him or herself quickly. Just one additional sale covers their costs with money to spare.
How many more commissions can you earn by ramping up your efficiency?
Market Leading
Real Estate Transaction Coordinators
Hand off your transactions, media, and marketing to a real estate TC.
Affordable Virtual Real Estate Transaction Coordinators
Many, if not most, real estate agents struggle to keep pace with the amount of work required to close transactions – and these same agents know that hiring a virtual TC would help.
However, agents worry about adding expenses that must be paid for from their commissions.
The good news? Affordable virtual transaction coordinator services are readily available!
1. AgentUp
AgentUp, an industry leader in virtual real estate transaction coordinator services, has the most competitive prices in the market. Take a look for yourself:
- Per File Transaction Coordination Package – $299
- Dedicated Virtual Transaction Coordinator – $11 to $14 per hour, depending on how many hours a month
And right now, AgentUp is offering $50 off your first transaction.
They also offer affordable, related transaction services:
AgentUp transaction coordinators provide full service on all transactions, from compliance assurance to closing gifts to collecting client reviews.
Compare AgentUp’s full-service transaction coordinator prices to those of our competition:
AgentUp not only provides better and more complete transaction coordination services, but they’re also less expensive.
2. Virtudesk
Virtudesk is a US-based company offering virtual assistants and transaction coordinators tailored for real estate professionals. Whether you need full-time or part-time support, their services streamline operations and boost productivity.
Key services include:
- Administration
- Client coordination
- Quality control
- Schedule management
- Contract-to-close
Virtudesk provides customizable packages at affordable rates with 24/7 availability and multilingual support. This makes them a versatile choice for agents across diverse markets.
Pricing: Full-time transaction coordinators start at $11/hour, while part-time positions begin at $12.30/hour. A $450 setup fee and a 3-month commitment are required.
Customer Feedback: Users report on Virtudesk’s user-friendly platform and quick response times, highlighting the seamless integration of their services into existing workflows.
3. Task Bullet
Task Bullet offers skilled transaction coordinators specializing in administrative tasks, scheduling, and closing management. Their standout features include automation tools and budget-friendly pricing. With task management and CRM integration, staying organized is effortless.
Ideal for small to medium-sized real estate firms seeking efficiency and productivity gains, Task Bullet provides a comprehensive service at competitive rates.
Pricing: Starting at $220 per transaction for 20 hours/week, Task Bullet is the most affordable option on our list.
Customer Feedback: Clients are positive about Task Bullet’s efficiency and cost-effectiveness, highlighting the significant time savings their automation tools offer.
4. Zirtual
Zirtual provides comprehensive virtual transaction coordination services for real estate professionals worldwide. Their US-based team handles various closing tasks, including administrative duties, customer service, and vendor communication.
Zirtual offers additional benefits such as dedicated personal assistants and a satisfaction guarantee, ensuring personalized support. Clients can customize their service level to match their specific needs.
Pricing: At $549 per month for 12 hours of tasks, Zirtual is a premium option offering specialized features to justify the higher cost.
Customer Feedback: Zirtual is often praised for its professionalism and personalized service, and customers highlight the value of a dedicated assistant.
5. Summit VA Solutions
Summit VA Solutions provides expert transaction coordination services for real estate professionals. Their comprehensive support covers property and lead management, project coordination, communication, scheduling, and document management.
Known for tailored solutions and competitive pricing, Summit VA Solutions employs highly experienced transaction coordinators to ensure seamless operations.
Pricing: Packages start at $1,500 per month.
Customer Feedback: Clients appreciate Summit VA Solutions’ proactive approach and customized services, making them a reliable partner for busy real estate agents.
Virtual Real Estate Transaction Coordinator FAQs
Q. How long does hiring a virtual real estate transaction coordinator take?
A. With AgentUp, hiring a virtual real estate transaction coordinator takes only a few hours, and your TC will be working away within a day or two.
Following a brief phone consultation, we will match you with a well-trained virtual TC who will align with your specific business needs.
The onboarding process is easy and conducted online, ensuring a smooth transition.
Additionally, our transaction coordinators are highly experienced and undergo abundant training, so they hit the ground running and will easily integrate into your workflow.
Q. What if I don’t have enough work to keep my transaction coordinator busy?
A. AgentUp virtual real estate transaction coordinators can handle many responsibilities beyond routine transaction management tasks.
They are also experts in real estate marketing and are happy to assist in creating regular social media content, writing blog posts, updating your website, and more.
Additionally, their flexible work schedule allows for adaptation to fluctuating workloads.
Q. How easy is it to manage a virtual real estate transaction coordinator?
A. It’s much easier than you might imagine. Our TCs are proven professionals and almost manage themselves.
Our virtual workers are experts at collaborating across time zones and are fluent English speakers.
You can easily manage your virtual real estate transaction coordinator through email, using a chat platform, or having a quick Zoom meeting.
We’re confident that you’ll be pleasantly surprised at how easy the entire process is.
Okay, are you ready to take your real estate business to the next level? Let us help you add a virtual real estate transaction coordinator to your staff.
Market Leading
Real Estate Transaction Coordinators
Hand off your transactions, media, and marketing to a real estate TC.
Trust AgentUp’s Transaction Coordinator Services
AgentUp will play matchmaker and connect you with a highly trained virtual transaction coordinator.
While nothing prevents you from using our per-file transaction coordination services, we’d still like to talk with you first.
We take pride in helping you find the transaction coordinator services that are best for your business. So, talk to us.
Schedule a free consultation call today!
The hours saved on every transaction’s paperwork, endless emails, and constant scheduling would be better used to expand your business, improve your bottom line, and let you spend more time doing things you love.
We hope you enjoyed this article on affordable virtual real estate transaction coordinator services. Please feel free to explore these additional related resources:
- Most Affordable Transaction Coordinator Services (Top 7)
- Exploring Real Estate Transaction Coordination – An Interview With a Veteran TC
- 4 Benefits of Real Estate Transaction Coordinators for Agents
- 5 Ways a Transaction Coordinator Can Save You Time
- Real Estate Coordinator Checklist (Ultimate Guide)
