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Revision as of 05:16, 7 January 2013 (edit) 68.235.38.112 (Talk) ← Previous diff		Current revision as of 05:08, 9 December 2017 (edit) (undo) 36.37.223.228 (Talk)
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-	Jules Rimet Trophy was the initial prize for winning the World Cup. Originally called only the World Cup or Coupe du Monde, it had been renamed in 1946 to complete the FIFA President Jules Rimet who in 1929 passed a vote to begin your competition. Created by Abel Lafle...	+	What Is a Transaction Coordinator?
-	The Entire World Cup is just a small gold trophy representing the desires and ambitions of every footballing nation on the planet. Since the advent of the World Cup in 1930, there has been two trophies awarded to the winners.The	+	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:
-	Jules Rimet Trophy was the first reward for winning the Planet Cup. Originally called simply the World Cup or Coupe du Monde, it was renamed in 1946 to honor the FIFA President Jules Rimet who in 1929 passed a vote to begin your competitors. Created by Abel Lafleur and made from gold plated silver on a blue bottom of lapis lazuli, it stood 35 cm high and weighed 3.8 kilogram. It had been in the design of an octagonal glass, supported with a winged figure representing Nike, the ancient Greek goddess of victory.	+	1. Responsible for processing of all contracts through closing.
-	Throughout World War II, the prize occured by Italy. Ottorino Barassi, the Italian vice-president of FIFA, hid it from the Germans in a under his bed.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Just prior to the 1966 World Cup Final in England the trophy was taken during a exhibition at Westminster Central Hall, but was found just 7 days later, wrapped in paper at the underside of a backyard hedge in Norwood, South London, by a dog called "Pickles." As a security measure, FIFA secretly produced a reproduction of the trophy for used in the post-match festivities. The replica was also utilized on subsequent events until 1970. The reproduction was sold at a market in 1997 for $425,015.There were many reproductions on e-bay at this time.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	The Brazilian team won the prize for the next time in 1970, and were rewarded by being permitted to hold it in perpetuity. However, the cup was taken again in 1983 in Rio de Janeiro and never recovered; it might have now been melted down. The Brazilian Football Confederation commissioned a replica of their own.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	The alternative prize, officially known as the FIFA World Cup Trophy, was presented at the 1974 World Cup. Designed by Silvio Gazzaniga, it stands 36 cm high and is constructed of 5 kg of 18 carat (75%) sound gold with a base containing two levels of malachite, and shows two human figures holding up the Earth. The name of the nation whose national team wins the tournament is engraved, as well as the year, in the bottom part of the prize. It's not known whether FIFA will retire the prize after most of the name plaques at the beds base are filled in; this will happen after the 2038 World Cup.	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
-	FIFA's rules now declare that the prize, unlike its predecessor, can not be gained outright: the winners of the event receive it on loan for four years and receive a replica to keep.	+	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.
		+
		+	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.