1246: Mistakes to Avoid, Red Flags, and When to Hire a Transaction Coordinator with Shelby Johnson

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 3 June 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

What does it take to effectively manage real estate transactions in a new market? Real estate entrepreneur and investor Shelby Johnson shares her expertise on hiring a transaction coordinator to leverage and streamline your business operations. In this episode, Shelby highlights the benefits of delegating paperwork and detailed tasks to a skilled coordinator, allowing you to concentrate on business growth. She advises opting for a third-party professional rather than an inexperienced in-house hire due to their specialized expertise. Shelby delves into the costs involved, the hiring process, and the importance of fairly compensating coordinators for additional work. She also discusses using risk assessments to evaluate team members' traits and emphasizes the importance of finding a compatible and proficient transaction coordinator. Listen now and learn how to enhance your real estate business with the right transaction coordinator! Links: Follow Aaron Amuchastegui on Instagram Learn More About Shelby and Five Pillars Nation Get Hundreds of FREE Real Estate Tools From the Toolbox Join the 2025 Real Estate Rockstars Mastermind!

Transcript

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0:00.0	Let's face it, paperwork sucks. And also it's not the best use of our time. So what do we do when we know we should be out there
0:08.4	lead generating and building our business and instead we are drowning in paperwork, emails, and little details that are just
0:15.4	draining the soul from our bodies? Well the answer is, hire a transaction coordinator.
0:20.3	So today's guest is me, your host Shelby Johnson longtime real estate
0:24.7	agent team leader and investor out of North Carolina but wait I recently moved to
0:29.8	Lexington Kentucky and got licensed here and now I'm building my business from the ground up
0:34.1	in a brand new city where I know nothing and no one.
0:38.0	But why is that applicable?
0:39.5	Well, you might be curious to know
0:42.1	that one of the very first things that I'm doing here in Lexington is hiring a transaction coordinator
0:47.2	Expect to learn why I'm hiring a TC before I even have clients how.'s cost, how to find a good one, what to ask during the
0:56.4	interview process, and stick around to the end for some red flags to look out for.
1:01.2	You are listening to the Real Estate Rockstar's
1:02.8	podcast, the show for agents who've been around the block and are finally
1:06.3	ready to build a sustainable, scalable business. Learn the exact steps to build
1:11.4	a business that runs like a machine when you don't
1:13.4	secretly hate or want to escape from. Rockstars it's time to talk about how to
1:18.0	hire a transaction coordinator. Oh, yeah. Before we get into step one of how to hire a transaction coordinator I just kind of wanted to address the elephant in the room which is why is that girl hiring a TC before she even has clients
1:46.0	especially since there's a lot of schools of thought out there that it's like the agent needs to go through the transaction
1:51.4	several times on their own before they hire a transaction
1:54.1	coordinator just so they like fully understand the process.
1:57.0	And I am aware of those schools of thought, although I personally disagree with them. So for me personally why I'm hiring a
	...

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