Case Study
Expert Transaction Coordinator Finds Transparency And Streamlined Processes in Propy
How Propy Can Support Expansion Plans for 2021
Who is Sara Hofacker?
Sara is an experienced, certified Virtual Transaction Coordinator in Orange County, California, specializing in transaction management services for commercial, residential, REO and short sale properties.
Propy will help expand her business, OC Transaction Coordinators, from handling 40 transactions a month for her clients to doubling in size in 2021. Propy’s Transaction and Offer Management platform helps Sara stay organized and reduces the chance of human error across all involved parties.
Sara was one of the first independent transaction coordinators in her area when she established OC Transaction Coordinators – “Modern Technology & Old School Service.” Now, with extensive experience in a range of real estate transaction types, she’s expanding services across California and into six other states with a network of transaction coordinations.
The Challenge
Sara wanted to streamline what’s typically a chaotic transaction process, especially in California, which includes countless documents and checklists to manage, as well as the need to minimize human error.
Sara was looking for a different solution for transaction management and Propy delivered. She wanted to reduce the mundane and redundant steps and automate them to streamline her transaction processes. In addition, she was looking for a platform that was easy-to-use and most importantly – secure and centrally located.
Sara Hofacker Owner of OC Transaction Coordinators
Numbers and Facts
1
Independent Transaction Coordinator
40
transactions per month
12
hours saved per transaction
100%
growth in business planned for 2021
The Solution
With Propy Transaction Management, Sara is able to easily manage and keep track of all documents required for each transaction. In addition, it solves the unique issues that transaction coordinators have when working with multiple agents/brokerages. It eliminates the need for multiple systems and gives her processes transparency, continuity and consistency.
When she researched Propy, the blockchain security functionality caught her eye, since it provides maximum security and protection against fraud for her clients.
Propy’s efficiency will be instrumental in helping grow OC Transaction Coordinators’ capacity and meet Sara’s goal of doubling the business in 2021, especially as the demand for virtual closings grows.
The Results
Time Saved
12 hours on average saved per transaction, more than 450 hours per month.
Easier Transactions
Streamlined and simplified the entire transaction process.
Happier Customers
The agents she worked with noticed how much more organized she was which increased her client satisfaction levels.
Increased Transparency & Security
The ability to keep deal participants apprised at every step and the transaction secured on blockchain impressed everyone involved in a transaction.
Run your brokerage smoothly, securely, and efficiently
With the ultimate toolset for real estate transaction management.
