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-	Killed in Action: 110,100	+	What Is a Transaction Coordinator?
-	Total dead Toll: 359,500	+	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:
-	Wounded: 275,200	+	1. Responsible for processing of all contracts through closing.
-	The American Civil War took location in 1861 to 1865 in the southern United States also in eastern, central and southwestern regions. The outcome of this bloody civil battle was the defeat of the seceding CSA. The main leaders in the War had been the well identified Abraham Lincoln and Jefferson Davis.  Both of these men were corageous leaders, and huge names of their time, as nicely as ours. Casualties of the war contain:	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Killed in Action: 110,one hundred	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Total dead Toll: 359,500	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	Wounded: 275,200	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
-	The war claimed more American lives than any other conflict in history, with about 560,000 total killed which at the time was a stagerring 1.78% of population and more than 970,000 casualties which once again is a staggering three.09% of the population. Frequently occasions debated, the causes of the civil war, and even the name of the war itself, are nonetheless truly left up in the air.	+	6. Frees the agent client up to focus on business building activities.
-	When Abraham Lincoln was elected in 1860 seven states existed: These states had been: South Carolina (December 20, 1860), Mississippi (January 9, 1861), Florida (January 10, 1861),	+	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:
-	Alabama (January 11, 1861), Georgia (January 19, 1861), Louisiana (January 26, 1861), and Texas (February 1, 1861). Lincoln was not even on the ballot in nine states in the South. Several Leaders from South Carolina had long been waiting for an event that may unite the South against the anti-slavery forces. As quickly as the election returns have been particular, a specific South Carolina convention declared "that the Union now subsisting in between South Carolina and other states below the name of the 'United States of America' is hereby dissolved." By February 1, 1861, six much more Southern states had seceded. As a outcome on February 7, the seven states adopted a provisional constitution for the Confederate States of America and established their capital at Montgomery, Alabama. On March four, 1861, less than a month later, Abraham Lincoln was sworn in as President of the United States. He stated on this date that he had no intention to invade southern states, but would use force to preserve possession of federal house. The South, particularly South Carolina, ignored this plea by Lincoln, and as a outcome on April 12, the South fired upon the Federal troops there were stationed at Fort Sumter in Charleston, South Carolina. The firing continued till the troops surrendered. This significant event is what a lot of feel was the start off of the American Civial War.	+	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 05:06, 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.