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-	For years on end really I have cleaned and repaired mainly tall flag poles and big flags. The U.S. government indicated that a standard could last up to 90 days, based on daily usage and other circumstances including weather and wind conditions. A flag flown more often will logically tear and wear much faster. This article describes thing you can do to help prolong the life of your banners and flag poles.	+	What Is a Transaction Coordinator?
-	Wind velocities are different in different parts of the United States of America. When a building is designed in concrete, masonry, timber or steel, engineers will typically determine the wind loads based on information provided to them in the building codes. Now, banners flown in higher wind areas will be subject to more stress. The sample applies to flagpoles.	+	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:
-	There are a few things you can do that will help your private and such poles and banners last. Products made by machine or man will not last forever. A car is given regular maintenance to make it last. This concept applies to most mechanical products, because of moving parts and such. Poor weather circumstances will likely an increase in structural stresses to both flag and flagpole. Lowering your flag in such conditions will prolong the dignity of your flags.	+	1. Responsible for processing of all contracts through closing.
-	Unlike anyone else in this industry, the company I work for has offered great care type programs to help maintain the quality of standards of all kinds, and the more typical flagpoles. Their services are offered all over the continental U.S. One of their specialties is the maintenance and repair of steel poles.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Here is another helpful piece of advice; use the proper size of flag on your flag pole. A lot of times folks choose to fly big flags from small flag poles, which causes too much stress on flag poles. Too much stress could result in poles to deflect more than they should, and potentially snap, possibly causing harm to folks nearby.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
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		+	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 04:54, 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.