Tiffany Chau's Top Tier TC Program Referral Link: https://subto.typeform.com/to/c3UB9CeA

Sarah Fausett's Top Tier TC Program Referral Link: https://subto.typeform.com/akelly

Tiffany Chau, a TC (Transaction Coordinator), shares her journey and insights into the role. She explains that a transaction coordinator handles the paperwork and keeps the transaction moving smoothly. Tiffany joined the Pace Morby TC program after being laid off from her job and feeling a desire to start her own journey. She emphasizes the importance of taking a leap of faith and believing in oneself. Tiffany also discusses the process of becoming a transaction coordinator, the sources of leads, and the different types of transactions. She highlights the flexibility and learning opportunities that come with being a transaction coordinator. Real estate investors who do creative financing deals can benefit from having a transaction coordinator (TC) handle the administrative tasks. TCs handle the paperwork, deadlines, and other details, allowing investors to focus on finding deals and scaling their business. TCs also help build good relationships with title companies and prevent burnout in the industry. Being a TC can be a scalable business, with the potential to build a team or form partnerships. The TC community is supportive and nurturing, with a focus on celebrating each other's successes. The income potential as a TC varies depending on the level of commitment and marketing efforts.

Takeaways

A transaction coordinator handles the paperwork and keeps the transaction moving smoothly.
Taking a leap of faith and believing in oneself is important when starting a new journey.
Becoming a transaction coordinator involves completing a course and joining a program.
Leads for transaction coordinators can come from within the Pace Morby community and other real estate groups.
Transaction coordinators can specialize in traditional or creative transactions.
Price points for transaction coordinators are typically a flat rate based on the time required for each file. Real estate investors can benefit from having a transaction coordinator handle administrative tasks.
TCs allow investors to focus on finding deals and scaling their business.
TCs help build good relationships with title companies and prevent burnout in the industry.
Being a TC can be a scalable business with income potential.
The TC community is supportive and nurturing, celebrating each other's successes.

Chapters

00:00 Becoming a Transaction Coordinator and Joining the Top Tier TC Program
03:48 Taking a Leap of Faith and Starting the TC Journey
06:43 Learning on the Job and Resources in the Top Tier TC Program
09:27 Marketing and Finding Leads as a TC
14:55 Price Points and Income Potential for TCs
17:03 Timeframe for Transactions and Conclusion
19:00 Understanding the Pricing Structure for TC Services
21:10 Scaling a TC Business and Building a Team
23:53 The Supportive and Collaborative TC Community
36:01 Earning Potential and Flexibility as a TC