What is a Transaction Coordinator

A Transaction Coordinator (TC) manages all details involved in closing a real estate transaction and monitors the entire process through agents, clients, escrow companies and property management companies.

Will you have contact with my clients?

This is completely up to you. However, it is most efficient if we may communicate directly with your client. We keep you informed of all communications and CC you on emails with important correspondence.

Do you have a cancellation fee?

We only get paid in the event the transaction closes. If the client simply changes their mind and decides not to sell or your buyer walks, then there is no fee.

Are my files secure and confidential?

We do not share your information with anyone and they are very secure. We have strict guidelines and unless you grant us permission to share any information, it will be kept confidential.

Can you help with a transaction I have already started?

Yes, we can take over paperwork on a transaction at any point from list to close.

What if my office is far away from you?

As a virtual company, we work almost entirely paperless with agents and brokers across the State of Michigan. You do not need to be located near our office in order for us to work with you. You would be suprised at how effective we are and how available we make ourselves to everyone involved in the transaction. We can also do video conferences via Zoom.

How can I contact my TC?

You will receive all contact information for your Transaction Coordinator upon onboarding with IRON Transactions. We provide you cell, office, email, text, Zoom, ect.

Your payment information will be gathered at on-boarding and will be held and charged 1-2 business days post closing, on each transaction. This allows your office administrator to process your commission check, so you don't get charged for our services without having received commission for yours.

Welcome to

IRON Transactions!

Who We Are...

Partnering with IRON Transactions allows you to leverage us in your everyday tasks. We keep you organized, on time and focused, freeing you up to advise your current clients, while also gaining new ones.

We know we are not the first Transaction Coordinating company to come along. However, after years of working along side agents and respecting the work they do, we realized we had something to offer them. Something to offer that wasn't out there. And with that knowledge, IRON Transactions was born.

We often say, you can teach anyone the widget, but you can't teach Integrity, Reliability and Excellence, and we still stand by that. At IRON we first search for people who exemplify those three standards, and then empower them to support you beyond your expectations.

Welcome to the IRON Family.

Transaction Costs

FAQ's

Our Team

Open a Transaction

Megan Spann

Director of Transactions

Hi, I'm Megan. I've had the privilege of working with hundreds of Agents in the Metro Detroit Area throughout my career, and I am looking forward to working with hundreds more. I'd like to say if you know me inside the office, you know me outside of the office as well. When it comes to business, I'm steady, strong and can almost always find a moment of brevity in a stressful situation.

As you approach partnering with IRON Transactions, I ask that you come with an open mind. Though you may have experienced transaction coordinating in the past, you have not yet worked with IRON, and IRON don't play! All jokes aside, we know we will far exceed your expectations and past experiences. My team and I look forward to supporting you!

Buyer Side Transaction

Assisting with all initial documentation (Purchase agreement, addendums, ect.)
Order title work
Send out introduction emails to Client, Lender, Co-op Agent and Title Companies
Periodically check in with lender and email updates to all parties
Confirm Title commitment has been sent out and discuss documentation needed in order to clear title
Offer direct communication with buyer/seller as needed
Confirm loan application has been made and appraisal ordered with lender
Oversee all contingencies to ensure all stipulations are met on a timely basis
Monitor dates and send reminders in advance of appointments
Order home warranty, if applicable
Coordinate and schedule closing with all parties once title is clear and lender has clear to close
Email closing details and reminders (driver’s license, wire/certified check requirements)
Provide buyers with utility contacts and reminders
Order final water bill
Submit final signed documents and any additional required documentation to Broker
Escrow release coordination
Water Escrow
Occupancy/Key Exchange Form

Open Transaction

List Side Transaction

Input listings in the MLS, including remarks, photos, and disclosures
Update the MLS with status changes (price changes, pending, sold)
Assisting with all initial documentation (Purchase agreement, addendums, ect.)
Order title work
Send out introduction emails to Client, Lender, Co-op Agent and Title Companies
Periodically check in with lender and email updates to all parties
Email title commitment out and discuss documentation needed in order to clear title
Offer direct communication with buyer/seller as needed
Confirm loan application has been made and appraisal ordered with lender
Oversee all contingencies to ensure all stipulations are met on a timely basis
Monitor dates and send reminders in advance of appointments
Order home warranty, if applicable
Coordinate and schedule closing with all parties once title is clear and lender has clear to close
Email closing details and reminders (driver’s license, wire/certified check
requirements)
Provide buyers with utility contacts and reminders
Order final water bill
Submit final signed documents and any additional required documentation to Broker
Escrow release coordination
Water Escrow
Occupancy/Key Exchange Form

Open Transaction

Dual Transaction

We handle your transaction from start to finish with all the same services included with the Buyer Side and Listing Side.

Open Transaction

FAQ's

How Valuable Is Your Time?

Research shows that an average Real Estate Agent will spend nearly 20 hours performing their own transaction management work. We challenge you to ask yourself a simple question; "How much prospecting can you do in 20 hours?" The IRON Family absolutely cares about your success and we are committed to closing deals.

After all, we do not get paid if the deal does not close!

No one knows our strengths and weaknesses better than ourselves, and a wise Agent will know that help in the mundane things, makes you available to do GREAT things! Let us help you do great things!

Transactions Savings Calculator

What is a Transaction Coordinator

A Transaction Coordinator (TC) manages all details involved in closing a real estate transaction and monitors the entire process through agents, clients, escrow companies and property management companies.
Will you have contact with my clients?

This is completely up to you. However, it is most efficient if we may communicate directly with your client. We keep you informed of all communications and CC you on emails with important correspondence.
Do you have a cancellation fee?

We only get paid in the event the transaction closes. If the client simply changes their mind and decides not to sell or your buyer walks, then there is no fee.
Are my files secure and confidential?

We do not share your information with anyone and they are very secure. We have strict guidelines and unless you grant us permission to share any information, it will be kept confidential.
Can you help with a transaction I have already started?

Yes, we can take over paperwork on a transaction at any point from list to close.
What if my office is far away from you?

As a virtual company, we work almost entirely paperless with agents and brokers across the State of Michigan. You do not need to be located near our office in order for us to work with you. You would be suprised at how effective we are and how available we make ourselves to everyone involved in the transaction. We can also do video conferences via Zoom.
How can I contact my TC?

You will receive all contact information for your Transaction Coordinator upon onboarding with IRON Transactions. We provide you cell, office, email, text, Zoom, ect.
How do I pay?

Your payment information will be gathered at on-boarding and will be held and charged 1-2 business days post closing, on each transaction.

This allows your office administrator to process your commission check, so you don't get charged for our services without having received commission for yours.

Why The Name IRON?

Why IRON Transactions?

The word IRON was chosen with great intention. In the same way iron is forged under heat and pressure, we have done the same. With experience in the industry, we have withstood some extremely difficult transactions and have allowed ourselves to be sharpened, not dulled.

Iron has integrity. Iron is reliable. Iron is excellent.

We are Iron.

Integrity. Reliability. Excellence.

These three words anchor every aspect of who we are. They are the standard by which we work, speak and operate.

Our founder is known to say, "I may not tell you what you want to hear, but I will never mislead you." This is a simple example of the standard you'll receive while working with IRON Transactions.

It's in the details...

Our goal is to keep you informed. You will know where we are and where we are headed throughout the process and we will explain each step to your level of interest.

We share a common goal to get you to the closing table as efficiently as possible. Lastly, we know you are someone's family, so we'll treat you like one of our own.

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