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Revision as of 21:33, 31 March 2013 (edit) 173.237.182.86 (Talk) ← Previous diff		Current revision as of 05:35, 9 December 2017 (edit) (undo) 36.37.223.228 (Talk)
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-	Logged in as Lucas | Get Support | Logout Partner Program	+	What Is a Transaction Coordinator?
-	Blast #2998221 xBlast #2996454 xBlast #2996077 xBlast #2995627 xBlast #2995249 xBlast #2994876 xBlast #2994788 xBlast #3058905 xWiki Submission x	+
-	Services >	+
-	Link Building Service: Wiki Submission	+
-	Blasts	+
-	Reliability	+
-	Marketplace Rank	+
-	Currently, this service is ranked #2 out of 12 services in the Wiki Submission category. We calculate a Marketplace Rank for every service and we use it to determine how much business to send to each service.	+
-	With our current levels of supply and demand, given your service's Marketplace Rank, we expect this service to earn approximately $253 per week, on average.	+	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:
-	Here are some suggestions for how to improve your Marketplace Rank relative to the other services in the Wiki Submission category:	+	1. Responsible for processing of all contracts through closing.
-	During the last 7 days, you had some blasts have to be redelivered because you did not return enough correct URLs one the first attempt. Partial failures really bad to our customers, so we treat these almost as badly as full failures. Please make sure you deliver blasts correctly the first time.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	After accounting for C-Class diversity, IP diversity, Domain Diversity, mozRank, and successful placement of Anchor Text, we think your cost per successful link is worse than 1 other service(s) in the category. Can you increase the mozRank of the domains where you post links? Or post to more URLs per blast without sacrificing overall domain diversity or delivery time? If so, you should. Otherwise, consider lowering your price. Either one of these will help your Marketplace Rank.	+
-	Your domain diversity is worse than 2 other service(s) in this category. See if you can find more domains where you can post links.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Your average delivery time for a blast is 2.5 days. See if you can improve delivery times.	+
-	(Note: Some suggestions are updated approximately once every 24 hours and do not reflect changes you've made since the last update. So if you make a change, such as lowering your price, please come back tomrrow to see the impact on your Marketplace rank.) [}]	+	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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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.