ShoreAgents certainly helped me get my business into that mode of working with some outsourced workers and helping me to work on the go.
Peter Forbes
#1 Property Centre, AU
Recognize the value of real estate transaction coordinator companies and their services. This article will elaborate on the following key points:
A real estate transaction coordinator is a professional who assists a real estate agent in performing various administrative duties. In a nutshell, this role handles all the tasks from the creation of contracts to settlements.
The coordinator highly contributes to the success of real estate businesses by providing the utmost support throughout the transaction process. A real estate transaction coordinator handles the contracts while you focus on building relationships with clients.
This function requires having a keen eye for details as they manage tasks and ensures compliance to minimize legal risks. At the same time, help you resolve time-consuming administrative functions.
Generally, a coordinator gives you more time to convert leads and focus on all the essential projects. Hiring a virtual real estate transaction coordinator is ideal since they can perform the majority of the tasks online. Outsourcing in the Philippines offers a more cost-efficient solution than hiring locally for other firms.
In the real estate business, a transaction coordinator can bring several important benefits to a company’s success. You may not have sufficient time to attend to vital aspects of relationship-building. As crucial as it is to finalize contracts and transfer funds to escrow, numerous other business-related tasks require your attention.
Having a partner on hand to assist you in handling your real estate transactions can make a huge difference. Here’s why we highly recommend hiring a real estate transaction coordinator:
This function will relieve all the challenges that you might come across when working. In general, a real estate transaction coordinator is essential for improving business efficiency and streamlining processes. This allows agents to focus on core tasks, increasing productivity and smoother transactions.
We at ShoreAgents understand your business needs and help you achieve them by providing the best staffing solutions. You can outline the job description and tailor it according to your requirements. Our success team will take care of the tedious recruitment process on your behalf and help you find the best candidates.
Some of the primary tasks of a real estate coordinator include client support, scheduling property inspections, and managing counteroffers among others. The services of a real estate transaction coordinator are essential to your company’s success.
When it comes to real estate transaction processes, the USA and Australia have distinct approaches. In Australia, trust accounts are an integral part of the real estate industry. These accounts serve as a secure mechanism to hold and manage funds during real estate transactions.
While in the USA, real estate transactions typically handle the equivalent of trust accounts through the use of escrow accounts. Escrow accounts securely hold funds and documents during the transaction process, ensuring their safekeeping.
This is where the services of a real estate transaction coordinator can assist you with. Running a business involves juggling multiple tasks at once, leaving little time for managing smaller details in the workplace. Your coordinator will manage whatever you wish to complete and prevent you from wasting all your time. Here are some of the common duties fulfilled by a real estate transaction coordinator:
These tasks might sound small, but they add up to something major. You have to ensure these are accurate and sensible. We’ll help you here at ShoreAgents in managing all of these functions and much more.
You can ask a real estate transaction coordinator to see what one can do for your needs. Our coordinators at ShoreAgents have full experience and expert knowledge of real estate practices in the USA, Canada, and other countries. You can hire one agent, a team, or a workforce – depending on your business needs and preferences.
In the real estate industry, the decision to hire a transaction coordinator can impact the efficiency and success of your business. One crucial choice to make is whether to opt for an outsourced real estate transaction coordinator or hire locally. Each option comes with its own set of advantages and considerations:
 | Local Transaction Coordinator | Outsourced Virtual Transaction Coordinator through ShoreAgents |
|---|---|---|
| Access to a larger talent pool with specialized expertise |  |  |
| Higher labor costs | | |
| Potential language barriers | | |
| Cost-effective solution | | |
| Limited availability if the market is competitive | | |
| Scale Discounts | | |
| Structured Work Environment | | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
| Local Transaction Coordinator | |
| Outsourced Virtual Transaction Coordinator through ShoreAgents | |
In addition to this, an outsourced virtual transaction coordinator does not have to work in your office. ShoreAgents has a fully functional office for our real estate workers based in the Philippines. Since the country offers low costs of living, the labor costs are low compared to hiring locally. You can even have the option to hire two to three coordinators at the expense of one!
We also offer all the necessary work equipment and high-quality online connections for seamless workplace operations.
Outsourcing a virtual coordinator is an ideal low-cost alternative to hiring locally. Hiring offshore can be critical to your budget. You’ll need to save money to ensure you can support more activities in the workplace. Similarly, hiring a real estate virtual assistant from ShoreAgents can make a world of difference.
There are various factors affecting the salary of a real estate transaction coordinator. But the main determinant is their location. For instance, in the USA, you can expect to pay around $56,000 USD yearly. This excludes other associated costs such as insurance and government charges.
On the other hand, the cost is less than half the total when you outsource a virtual coordinator. In fact, you can hire a real estate professional in the Philippines for $19,796 USD a year on average. This already includes government taxes, insurance, and ShoreAgents’ fees.
You can trust our staff at ShoreAgents with your transaction management efforts without breaking the bank. The price of a virtual real estate assistant is certainly tailored to help you achieve cost savings.
For informed hiring decisions, here is a comparison of the annual expenses for hiring a real estate transaction coordinator:
| Countries | Local VA | Freelanced PH | ShoreAgents |
|---|---|---|---|
| USA | $56,674 USD | $70,560 USD | $19,796 USD |
| Australia | $94,141 AUD | $96,768 AUD | $29,385 AUD |
| New Zealand | $97,000 NZD | $86,688 NZD | $31,841 NZD |
| Canada | $57,500 CAD | $58,464 CAD | $26,135 CAD |
| United Kingdom | £29,203 GBP | £28,224 GBP | £16,420 GBP |
| Singapore | $48,282 SGD | $54,432 SGD | $27,070 SGD |
Local:
$56,674 USD
Freelanced PH:
$70,560 USD
ShoreAgents:
$19,796 USD
Local:
$94,141 AUD
Freelanced PH:
$96,768 AUD
ShoreAgents:
$29,385 AUD
Local:
$97,000 NZD
Freelanced PH:
$86,688 NZD
ShoreAgents:
$31,841 NZD
Local:
$57,500 CAD
Freelanced PH:
$58,464 CAD
ShoreAgents:
$26,135 CAD
Local:
£29,203 GBP
Freelanced PH:
£28,224 GBP
ShoreAgents:
£16,420 GBP
Local:
$48,282 SGD
Freelanced PH:
$54,432 SGD
ShoreAgents:
$27,070 SGD
Real estate outsourcing has become a primary solution for most real estate agencies. But out of all the other countries, why should you hire in the Philippines? Here are some of the benefits of outsourcing a real estate transaction coordinator in the Philippines:
The idea of outsourcing services to any country might seem daunting, but we at ShoreAgents have got you covered.
Our transaction coordinators based in the Philippines understand the real estate system that works in the United States and Canada. The setup for work in the Philippines is the same as what you’d find throughout much of North America.
ShoreAgents guarantees to find the most suitable staff members for your firm and complete various administrative duties. This way, you can customize the specific duties to achieve your real estate goals.
Hiring a coordinator is ideal if your real estate business needs ultimate transaction management support. So it boils down to the question, where can you hire transaction coordinator services?
You can hire our trained real estate transaction coordinators here at ShoreAgents. We offer affordable staffing services and help you find dedicated real estate transaction coordinators for your business.
ShoreAgents can assist you with your staffing needs whether you decide to hire one agent, a team, or a workforce. We have a full office setting available for our staff and all the necessary equipment to get the job done.
There are also associated costs when hiring in the Philippines. This includes statutory government charges and 13th-month pay. Hiring through ShoreAgents also involves staff costs, which are the salaries of your hired staff with us. We charge in Pesos since we’re a Philippine company, but we offer payment options in your currency.
Compared to other developed countries like the USA and Australia, the Philippines still offers the lowest labor costs. Let’s take a look at the cost breakdown of your total monthly salary as a real estate transaction coordinator through ShoreAgents:
| Role | Salary | 13th Month | Statutory | Facility Fee | Total Monthly Fees |
|---|---|---|---|---|---|
| Real Estate Transaction Coordinator | ₱45,000 | ₱3,750 | ₱5,612.50 | ₱37,500 | ₱91,862.50 |
Salary:
₱45,000
13th Month:
₱3,750
Statutory:
₱5,612.50
Facility Fee:
₱37,500
Total Monthly Fees:
₱91,862.50
At ShoreAgents, we offer transparent staff salaries, giving you a clear view of their earnings. This helps with future salary reviews. Candidates provide salary expectations and hiring costs, allowing you to project future expenses in your budget.
ShoreAgents’ pricing is simple and transparent. For every staff member you hire, there is a one-off setup fee and the ongoing fee. This includes staff salaries, associated costs, and the membership fee based on the number of staff that you have.
In the digital era, waiting too long to complete all your real estate transaction plans is not necessary. You can request the services of a talented coordinator to help manage your work and make it run well.
Hiring a coordinator can make a difference in planning and completing support efforts according to your preferences. ShoreAgents is a trusted Business Process Outsourcing (BPO) company that helps you find customized work plans & efficiently manage your business routines.
Partner with ShoreAgents today for comprehensive information and expert guidance on hiring a real estate transaction coordinator. You’ll appreciate how you will save an immense amount of money in the effort.
ShoreAgents certainly helped me get my business into that mode of working with some outsourced workers and helping me to work on the go.
I’ve been referring my real estate friends to ShoreAgents for many years now with great success. Their systems and real estate industry experience set them apart from the rest. Plus recent advances in new technology and AI make things even better.
I tried multiple companies before finally using ShoreAgents and I wish I did from the start, because there is really no compare. They are heads and shoulders above the rest! Highly recommended!
As someone who owns a thriving Real Estate Training and Recruitment company, I know the importance of having things run smoothly behind the scenes. Hiring a VA has been a game-changer for me in achieving this. Although it took some initial effort to set up, having marketing tasks consistently handled on autopilot has resulted in significant success. I am truly grateful to ShoreAgents for providing an excellent VA service that I would highly recommend to anyone looking to streamline their business operations.
The support from Stephen and the team has been absolutely sensational. Outsourcing really allowed me to streamline what I do, particularly with my back office out of things which takes a lot of time off me, and allows me to focus on the role that I need.
We have hired freelancers in the past however it was unreliable with a lot of inconsistency. We searched Google for other options and came across ShoreAgents in which we are glad we did. The recruitment process was so smooth as they presented us with thoroughly prequalified candidates to interview. We chose our first agent, and we are extremely impressed with her dedication to her work not to mention quality. We will be looking to ShoreAgents for many more roles in the future.
ShoreAgents is a BPO company that specializes in providing virtual staff to the real estate industry. They work remotely from our office but are fully dedicated to serving your business needs.
