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-	Any stock photo, any size: €9.50For online and offline use LoginSignupFAQContactAboutHome	+	What Is a Transaction Coordinator?
-	SearchAdvanced0 ItemsTotal €0	+	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:
-	PeopleNatureAnimalsHolidays & celebrationsTechnologyFood & drinkArchitecture & buildingsEnergyBusiness	+
-	More categories	+
-	Need help? Email us or call us at +45 70 20 33 15ColourboxSell images	+	1. Responsible for processing of all contracts through closing.
-	Get your photos published and make money!	+
-	Earn money each time one of your images, illustrations or videos is downloaded from our site.	+
-	Once you're approved, you can release your material instantly.	+
-	Our material is seen by over 50,000,000 people each day.	+
-	We benefit greatly from being Colourbox photographers. Each month, 45% of our 4,000 images are downloaded, which increases the passive income of our bottom line. Our branding efforts have also been helped from being a Colourbox photographer.	+
-	Martin Kierstein	+
-	Colourbox supplier	+
-	Photographer at www.thinkfoto.dk	+
-	You get paid each time your material is downloaded	+
-	€ 0.20	+
-	Per image download	+
-	€ 0.35	+
-	Per illustration download	+
-	€ 0.70	+
-	Per video download	+
-		+
-	Weekly payouts made on Tuesdays via these major payment options:	+
		+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Sign up now!	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Name	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	Email	+	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:
-	By creating your account,you accept our	+	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.
-	Terms of Use and Supplier Agreement	+
-	Your material could be shown worldwide in major publications	+
-		+	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.
-	Questions?	+
-		+
-	Do I keep the rights to my material?	+
-	Yes. You may remove your material from the site at any time you wish.	+
-		+
-	When do I get paid?	+
-	Payments are made on the first Tuesday after your earnings reach €100.	+
-		+
-	How can I earn more?	+
-	In addition to using keywords correctly, log in to your account and follow our news of what our clients need.	+
-		+
-	Can I put material on other sites?	+
-	Yes. You are free to sell your material through other stock sites.	+
-		+
-	How long before my uploads are searchable?	+
-	Your images are released within 5 minutes.	+
-	Are there watermarks?	+
-	Yes. Our preview images contain watermarks, ensuring that our clients must pay to download and use material.	+
-		+
-	How do I upload my material?	+
-	You can upload up to 25 JPG/EPS files at a time using our web upload. If you want to upload video material or more than 25 JPG/EPS files at a time, we recommend using FTP.	+
-		+
-	Do you have many clients?	+
-	We have more than 100,000 customers worldwide, most of whom have a monthly subscription.	+
-		+
-	Still have questions?	+
-	Check our FAQ or contact us. We'll be happy to help	+
-	Get great offers in your inbox	+
-	SEND	+
-	Colourbox	+
-		+
-	FREE sign-up	+
-	Contact	+
-	Blog	+
-	About	+
-	FAQ	+
-	Jobs9	+
-	Education License	+
-	Terms	+
-	Imprint	+
-	Images	+
-		+
-	Popular images	+
-	Buy images	+
-	Sell images	+
-	New images	+
-	Illustrations	+
-		+
-	Popular illustrations	+
-	Buy illustrations	+
-	Sell illustrations	+
-	New illustrations	+
-	Videos	+
-		+
-	Popular videos	+
-	Buy videos	+
-	Sell videos	+
-	New videos (+45) 70 20 33 15info@colourbox.com • Support 24/7Copyright © 2013 colourbox.com. All rights reserved Any stock photo, any size: €9.50For online and offline use LoginSignupFAQContactAboutHome	+
-		+
-	SearchAdvanced0 ItemsTotal €0	+
-	PeopleNatureAnimalsHolidays & celebrationsTechnologyFood & drinkArchitecture & buildingsEnergyBusiness	+
-	More categories	+
-		+
-	Need help? Email us or call us at +45 70 20 33 15ColourboxSell images	+
-	Get your photos published and make money!	+
-	Earn money each time one of your images, illustrations or videos is downloaded from our site.	+
-	Once you're approved, you can release your material instantly.	+
-	Our material is seen by over 50,000,000 people each day.	+
-	We benefit greatly from being Colourbox photographers. Each month, 45% of our 4,000 images are downloaded, which increases the passive income of our bottom line. Our branding efforts have also been helped from being a Colourbox photographer.	+
-	Martin Kierstein	+
-	Colourbox supplier	+
-	Photographer at www.thinkfoto.dk	+
-	You get paid each time your material is downloaded	+
-	€ 0.20	+
-	Per image download	+
-	€ 0.35	+
-	Per illustration download	+
-	€ 0.70	+
-	Per video download	+
-		+
-	Weekly payouts made on Tuesdays via these major payment options:	+
-		+
-		+
-	Sign up now!	+
-		+
-	Name	+
-		+
-	Email	+
-		+
-		+
-		+
-	By creating your account,you accept our	+
-	Terms of Use and Supplier Agreement	+
-	Your material could be shown worldwide in major publications	+
-		+
-		+
-	Questions?	+
-		+
-	Do I keep the rights to my material?	+
-	Yes. You may remove your material from the site at any time you wish.	+
-		+
-	When do I get paid?	+
-	Payments are made on the first Tuesday after your earnings reach €100.	+
-		+
-	How can I earn more?	+
-	In addition to using keywords correctly, log in to your account and follow our news of what our clients need.	+
-		+
-	Can I put material on other sites?	+
-	Yes. You are free to sell your material through other stock sites.	+
-		+
-	How long before my uploads are searchable?	+
-	Your images are released within 5 minutes.	+
-	Are there watermarks?	+
-	Yes. Our preview images contain watermarks, ensuring that our clients must pay to download and use material.	+
-		+
-	How do I upload my material?	+
-	You can upload up to 25 JPG/EPS files at a time using our web upload. If you want to upload video material or more than 25 JPG/EPS files at a time, we recommend using FTP.	+
-		+
-	Do you have many clients?	+
-	We have more than 100,000 customers worldwide, most of whom have a monthly subscription.	+
-		+
-	Still have questions?	+
-	Check our FAQ or contact us. We'll be happy to help	+
-	Get great offers in your inbox	+
-	SEND	+
-	Colourbox	+
-		+
-	FREE sign-up	+
-	Contact	+
-	Blog	+
-	About	+
-	FAQ	+
-	Jobs9	+
-	Education License	+
-	Terms	+
-	Imprint	+
-	Images	+
-		+
-	Popular images	+
-	Buy images	+
-	Sell images	+
-	New images	+
-	Illustrations	+
-		+
-	Popular illustrations	+
-	Buy illustrations	+
-	Sell illustrations	+
-	New illustrations	+
-	Videos	+
-		+
-	Popular videos	+
-	Buy videos	+
-	Sell videos	+
-	New videos (+45) 70 20 33 15info@colourbox.com • Support 24/7Copyright © 2013 colourbox.com. All rights reserved	+

---

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.