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Revision as of 22:14, 6 January 2013 (edit) 113.212.71.243 (Talk) ← Previous diff		Current revision as of 05:08, 9 December 2017 (edit) (undo) 36.37.223.228 (Talk)
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-	What...	+	What Is a Transaction Coordinator?
-	A trampoline basically consists of a mat, a shape, a pad and springs. The mat is important to the protection of the jumpers. Trampoline patches differ in shapes and sizes to go with the shape and size of the frame. That is good and all well when you buy your trampoline pad with the frame as a trampoline, but imagine if you have to get an alternative pad? Check always with your trampoline's producer to have exactly the same pad that came with your unique trampoline.	+	A Transaction Coordinator is a person who takes responsibility for managing the deadlines and tasks of a real estate contract to closing. Some of the duties include:
-	What do you look for in a trampoline pad? A great pad should really be of the greatest quality. As that is the jumpers will be protected by what from the springs and the side of the figure, you actually don't desire to skimp on the mat. It should be manufactured from a high density closed mobile foam, to be water and mildew resistant. That will help it keep going longer outdoors, and it will not lose its shape eventually and wear. Be sure to test the weight and thickness of the pad to make sure your springs are covered by it.	+	1. Responsible for processing of all contracts through closing.
-	Your trampoline mat is much more crucial than the mat. This is the part that supports the jumper. It should be strong and durable, with a burst strength of at the least 800 pounds per square inch. Trampoline pads are generally sewn with seven lines of heavy-duty UV immune thread and galvanized triangular v-rings for strength and durability.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	The springs would be the major part that offers your trampoline its jump. It is important to check the period of the spring, because the longer the spring, the higher the jump. Trampoline springs are calculated from hook to hook. As immediate replacement is needed by loose, overstretched or damaged springs to be able to prevent major injuries to jumpers, they must be examined regularly.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	When you're looking at purchasing a trampoline, especially a one, you have to inspect the springs, mat and mat cautiously to ensure they are not as worn or at all damaged. Even if investing in a new trampoline, these essential components need to be inspected carefully. Check the trampoline if you can, and if you can't, make sure it has been tested by the business selling it. Check the warranty, as any good trampoline will come with a good warranty that will cover any damages from the manufacturing process.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	A trampoline is a great exercise tool. It can help you lift your spirits and feeling by providing you a fantastic work out. Trampoline jumping can be a great family activity as well. If you want a person workout, get yourself a small trampoline that you can hop on indoors. Most significantly, hold your trampoline in good repair and follow all safety instructions.	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
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		+	6. Frees the agent client up to focus on business building activities.
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		+	In many offices across the country, there are transaction coordinators on staff who are shared among the office. While this approach seems practical or beneficial on the surface because the coordinator is in house and can be accessed by stopping by her/his desk. It's not always the best or most effective approach when explored further. There are many reasons for that, a few are outlined here:
		+
		+	a. The transaction coordinator is paid by the office and has a job, which is not always exclusively coordinating transactions. Meaning, they could get pulled away from their job to help the other departments such as receptionist, listing coordinating or what have you. This means they aren't working on your transactions.
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		+	b. Interruptions! The facts are clear, it can take more than 20 minutes to get back on task after an interruption. That said, imagine how inefficient it can be if agents are walking in and out of the transactioncoordinators office all day long.

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Current revision as of 05:08, 9 December 2017

What Is a Transaction Coordinator?

A Transaction Coordinator is a person who takes responsibility for managing the deadlines and tasks of a real estate contract to closing. Some of the duties include:

1. Responsible for processing of all contracts through closing.

2. Coordinating appointments for inspections, appraisals, and closing.

3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.

4. Responsible for proper documentation of the file to comply with brokerage policies.

5. Assures that all post-closing disbursements, filing, and procedures take place.

6. Frees the agent client up to focus on business building activities.

In many offices across the country, there are transaction coordinators on staff who are shared among the office. While this approach seems practical or beneficial on the surface because the coordinator is in house and can be accessed by stopping by her/his desk. It's not always the best or most effective approach when explored further. There are many reasons for that, a few are outlined here:

a. The transaction coordinator is paid by the office and has a job, which is not always exclusively coordinating transactions. Meaning, they could get pulled away from their job to help the other departments such as receptionist, listing coordinating or what have you. This means they aren't working on your transactions.

b. Interruptions! The facts are clear, it can take more than 20 minutes to get back on task after an interruption. That said, imagine how inefficient it can be if agents are walking in and out of the transactioncoordinators office all day long.