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1 of the constant difficulties with solar platforms has been the inefficient conversion of sunlight to electrical energy. New technologies and techniques are dealing with this issue.
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What Is a Transaction Coordinator?
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Concentrate, Concentrate
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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:
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Traditional power producing plants work by employing a fuel, often fossil, to heat a liquid till it expands or turns into a gas. The pressure or gas than rotates a turbine, which cranks up a generator and produces the huge amounts of electrical energy we all take for granted. This is a time tested approach and is utilized in coal, nuclear, hydropower and most key power sources. The concept is now getting transferred to solar platforms in an work to get much more bang for the buck out of these clean power platforms.
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1. Responsible for processing of all contracts through closing.
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The issue with solar is sunlight is converted to power at a rate of 10 to 15 % efficiency, a genuinely uninspiring quantity. Put in sports terms, the ideal batter in baseball would have a batting average of 150, a quarterback would full 1.5 of his attempted throws and Michael Jordan would have missed 9 out of each 10 dunks. The numbers merely arent quite.
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2. Coordinating appointments for inspections, appraisals, and closing.
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The issue with solar energy is the base construct of solar cells. Numerous types of silicon are utilized to convert sunlight into energy. The material is just inefficient and improvements are slow and incremental. The situation is comparable to trying to turn a moped into a high efficiency racing bike. You dont have much to work with. Provided the limitations of silicon, solar producers are attempting new methods.
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3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
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One particular of the major new methods is to use the sun as a direct heating element to create energy. As an alternative of trying to straight convert the sunlight with silicon wafers, producers are attempting to use reflective panels to focus it onto a distinct spot. This spot then consists of a pipe or pool of liquid. The concentrated focus of the sun heats the liquid up and the classic turbine to generator to electrical energy technique is undertaken. If youve ever sat in a automobile in traffic on a summer time day without having air conditioning, youll realize the notion.
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4. Responsible for proper documentation of the file to comply with brokerage policies.
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Creating energy from the sun on a huge scale has often been a bit of a head scratcher. Early returns on the concentrated energy approach, nevertheless, have been incredibly good. Key fields are getting utilized in Germany and the future appearsbright.
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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.

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.

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