1.What is Leverage Services?
The concept of “leverage” is utilizing the expertise of others to fulfill roles that you no longer want to manage. As a result, leverage gives you time to focus on what is most important to you and your business. (lead gen and appts.)
We offer comprehensive Lead to Close services that fits all business styles. We can build out a listing OR assist you with contract to close. Let us help you navigate the challenges of Chicago real estate compliance expectations. Our goal is to lighten your work load and support you in your
perfect real estate career.
2.What is a Transaction Manager ™?
A Transaction Manager focuses on ensuring the paperwork for your transaction is collected/completed correctly for our compliance department so that you can get paid on time. We are in communication with all parties of the transaction (attorney’s, lenders and the co-op brokers), so you as the agent, have more time as the agent to be productive focus on lead-generating and growing your business.
3. What does a TM do?
Listings:
-Initial & Milestone touches to you & your clients.
-Send Listing Agreement materials to your client.
-Vendor scheduling (Cleaning, staging, photos & signage)
– Create MLS draft (all property details & county info, photos & disclosures, client feedback & Showing-Time instructions)
-Create & Manage Opportunity in Command
-UPDATE MLS status throughout transaction process
Under Contract:
– Initial review and submission of your contract & disclosures for Compliance
– Assist w/ Referral agreement & Mutual Cancellation
-Share Earnest Money instructions & Collect receipts
– Complete & submit Commission Tab/Green Sheet
– Create & share Commission Statement
-Milestone Touch points with ALL parties involved (attorney’s, lenders, co-op broker)
-Upload & submission of closing documents (Settlement Statement, contract addendums/Attorney Review letters
4. What are the costs?
– Listing Management $450
– Contract to Close $300
– Commissions & Compliance $100
– Lease Listing $150
– Tenant Lease $50
5.What is the value of hiring a TM?
-Saves time & money.
-Keeps you compliant in the MLS, IDFPR & the Market Center.
-It is an affordable alternative to virtual assistance or full time admin.
-Peace of mind that you have a team behind you