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-	Anyone would think from the existing fashion trend for platinum that this was a recently discovered metal. In fact, this really is definately not the facts. Because it looked like silver, as opposed to the yellow metal that they loved the Spaniards discovered Platinum in 1590, but disdained it. What the Spanish explorers didn't appreciate was that platinum is 34 situations rarer than gold. Jewelry only comes from meteorites. That's one basis for its deficiency.	+	What Is a Transaction Coordinator?
-	Platinum is increasingly used in jewelry as it is more ductile than gold. It may be drawn into fine wire, allowing the craftsman to generate more complicated patterns than is possible with silver. The silvery color of platinum also sets off diamonds more attractively than silver.	+	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:
-	Platinum is wholly unreactive chemically, so that it can never react with oxygen or hydrogen sulfide and tarnish. It'll always keep shiny.	+	1. Responsible for processing of all contracts through closing.
-	If you've an allergy to specific jewellery, consider switching to platinum, as if. No nickel is contained by platinum jewelery, the metal that is blended with gold that causes a hypersensitive reaction. Being entirely unreactive, platinum can never create a rash or other allergic reaction. Platinum is employed to make pacemakers as it is indeed well tolerated by the body.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Platinum includes a great number of a lot more important uses than jewelery. It's a catalyst. Which means that platinum allows other chemicals, like gases, to react quickly on its surface without affecting the platinum itself at all. The platinum isn't suffering from the effect at all. It is still there after the reaction to continue working. Invaluable.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Probably the most well known exemplory case of jewelry use within this way is in automobile exhaust catalysts. It's also found in making nitric oxide, which can be essential to making nitric acid, one of many essential chemicals that our modern chemical industry depends upon for making from drugs to explosives.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
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		+	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:
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		+	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 05:35, 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.