Comparison
HomeAxis vs hiring a transaction coordinator
A good transaction coordinator is worth every dollar. So is not missing a deadline when you do not have one. Here is what each does, where they overlap, and when agents use both.
Updated by the HomeAxis team
What a transaction coordinator does
A coordinator runs the file from signed contract to closing: records the dates and parties, builds the checklist, sends the intro email, books inspections and walkthroughs, chases lenders, attorneys and the other side, prepares client updates, and closes out the file. An experienced one also spots trouble early and knows what to do about it.
The full list is in the transaction coordinator checklist.
What HomeAxis does
HomeAxis does the coordinator’s tracking and writing. Snap the contract and it reads the dates and parties, dates every task on a buyer or seller playbook, and drafts the updates to the client, the lender, the attorney and the co-broker. It watches every deadline, re-dates tasks when an amendment changes a date, and flags who has gone quiet.
What it does not do is pick up the phone or send anything for you. Every message is drafted and waits for you to tap Send from your own phone. The judgment stays with you.
Side by side
| Transaction coordinator | HomeAxis | |
|---|---|---|
| Builds the checklist from the contract | Yes | Yes, in about 20 seconds from a photo or PDF |
| Watches every deadline | Yes | Yes: Today, nudges, morning summary |
| Re-dates tasks when an amendment lands | Yes, by hand | Yes, when you snap it or change the date |
| Writes client and party updates | Often | Drafts every one; you send it |
| Makes phone calls and chases people | Yes | No: it flags who to chase and drafts the message |
| Judgment on a problem file | Yes, an experienced one | No: that stays with you |
| Available at 9 pm on a Sunday | Depends | Yes |
| Cost | Usually a fee per file; ask local coordinators | First 2 deals free, then $14.99 per deal or $9.99 a month |
Which one, when
- Fewer deals, tight margins, or just starting out: HomeAxis gives you the coordinator’s system without the per-file fee. See HomeAxis for new agents.
- A busy solo agent: some agents use HomeAxis on most deals and bring in a coordinator for complicated ones.
- You already have a coordinator: give them HomeAxis. Every file on one Today screen, every closing on one calendar, amendments re-dated for them. See HomeAxis for transaction coordinators.