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-	Every...	+	What Is a Transaction Coordinator?
-	Prior to you can realize the value of paternity testing, you should initial realize the DNA element involved and why DNA is employed to establish paternity. DNA is the pattern for your genetic makeup. Each and every and each individual has a various pattern of DNA. Nonetheless, persons belonging to certain ethnic backgrounds, specific races, or just certain features, can have DNA that shows connected qualities. No two men and women, except for identical twins will have the very same DNA.	+	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:
-	Each individual has 46 chromosomes in each and every cell. The only exceptions are the sperm and egg cells. They each have 23. At the moment of conception, however, the 23 chromosome from the sperm and egg combine to type 46, and at that moment, you have the chromosomes necessary to produce a new individual. This pattern for your genetic makeup is a mixture of maternal DNA and paternal DNA. In other words, half your makeup is your mothers and half is your fathers. Now, because the mother would be the person providing birth, there is no dispute about maternal proof. She was there at birth. But what about paternal proof? How do you determine the identity of the father, without having a shred of doubt?	+	1. Responsible for processing of all contracts through closing.
-	Enter DNA paternity testing. DNA testing operates in the following way. The DNA of the child is tested. A test strip of DNA bands is established. The DNA is then tested from the alleged father. If the youngster and the man share common bands in a number of various areas, then paternity is established with 99.9 % accuracy. That is as correct as the benefits can be. This is a seemingly straightforward test, to have such a staggering effect on the peoples lives that are involved. Complete households have been ripped apart over paternity problems. Lives have been forever changed, thanks to one particular tiny DNA test.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	These days, paternity testing is utilized to make a decision custody cases, establish legitimate child support cases, influence adoption proceedings, and to help in claiming inheritance by providing proof of connection. By far, nonetheless, the largest use of DNA testing is in determining paternity problems. Most courts accept 99.9 % positive as equal to a outcome of 100%.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	There are tests available that can be employed at residence, but in the case of a legal battle, or establishing legal paternity, only the tests performed by certified and licensed facilities will be allowed.	+	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:
		+
		+	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.