An independent broker in Florida lost a deal because a contract addendum wasn’t sent within the contingency window. The buyer walked. The brokerage was carrying 6-12 deals at any given time with no dedicated transaction coordinator.
We placed a transaction-coordination VA pre-trained on Florida contracts, the brokerage’s compliance checklist, and dotloop. Every new contract triggered a 24-hour countdown to all critical dates: inspection, financing, appraisal, closing. The VA sent reminders the day before each deadline and confirmed status with the agent.
Zero missed deadlines across the next 17 transactions. The brokerage reduced its E&O exposure and freed the broker to actually prospect. The TC role now covers itself with one saved deal per quarter.
The cost of one blown contingency deadline is higher than a year of a dedicated TC. A trained VA pays for itself the first time they catch a date.
See it for yourself
Five free hours. No card. No commitment. Just see what a trained VA can do for one work week.
Client
Jessica BrownCategory
MarketingStrategyDate
26 March, 2021