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| - | Prague, 15 June 2001 (RFE/RL) -- The German central bank (the Bundesbank) estimates that multiple out of every three German marks moves outside of Germany -- signifying vast amounts of marks. The banks says nearly all them are in Eastern Europe and the property of the former Soviet Union.
| + | What Is a Transaction Coordinator? |
| | | | |
| - | Because of the mark's security, and Germany's role as a place of work for Eastern European workers who deliver their money home, the mark has evolved right into a de facto second currency in the places to the south and east of Germany's borders.
| + | 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: |
| | | | |
| - | Kosovo and montenegro have also followed the level as legal tender. Other countries have pegged their currencies to the mark through currency boards. Bosnia uses a system of exchange called the "convertible mark," which positions on a basis with the German mark.
| + | 1. Responsible for processing of all contracts through closing. |
| | | | |
| - | But the mark -- combined with the other currencies of the European Union's 12-nation euro-zone -- is all about to disappear.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
| | | | |
| - | On 1 January 2002, over 250 million people in Western Europe will become changing their national currencies for the dollar. Older currencies and dollars may circulate together until the end of February. Next, the national currencies will not be utilized.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
| | | | |
| - | That doesn't mean the values will be useless. Central banks will continue steadily to exchange them for pounds for several years ahead. But also for all intents and purposes, Western Europe's national values -- including the mark -- may vanish.
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
| | | | |
| - | Hans-Werner Sinn of Germany's Ifo financial research institute has looked at all facets of the coming move. He claims Eastern Europeans, like their counterparts in Western Europe, will ultimately need certainly to trade their marks for euros.
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
| | | | |
| - | "Clearly, these Deutschemarks [German marks] will not be useful in the long run. So people will have to provide the Deutschemarks in to their respective banks and exchange them into pounds. That may need certainly to occur in the spring of next year [by the end of the February deadline]."
| + | 6. Frees the agent client up to focus on business building activities. |
| | | | |
| - | Antti Heinonen, the director of banknotes at the European Central Bank, or ECB -- the institution that's managing the switchover to euros -- states that the change should not cause many issues for most Eastern Europeans.
| + | 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: |
| | | | |
| - | But the currency's first concern -- in Eastern Europe at the very least -- is to change the mark in people's minds and beds. Prague, 15 June 2001 (RFE/RL) -- The German central bank (the Bundesbank) estimates that several out of every three German marks moves outside of Germany -- signifying huge amounts of marks. The banks says nearly all them are in Eastern Europe and the area of the former Soviet Union.
| + | 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. |
| | | | |
| - | Because of the mark's security, and Germany's position as a location of employment for Eastern European workers who deliver their money home, the mark has evolved right into a de facto second currency in the countries to the south and east of Germany's borders.
| + | 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. |
| - | | + | |
| - | Kosovo and montenegro have also used the mark as legal tender. Their currencies have been pegged by other countries to the level through currency boards. Bosnia uses a system of trade called the "convertible mark," which deals on a basis with the German mark.
| + | |
| - | | + | |
| - | However the mark -- combined with other currencies of the European Union's 12-nation euro-zone -- is approximately to disappear.
| + | |
| - | | + | |
| - | On 1 January 2002, more than 250 million people in Western Europe begins trading their national currencies for the pound. Older currencies and pounds can distribute together before end of February. From then on, the national currencies will not be utilized.
| + | |
| - | | + | |
| - | That does not mean the currencies is likely to be worthless. Central banks will continue to exchange them for euros for a long period ahead. But for all intents and purposes, Western Europe's national values -- such as the mark -- will cease to exist.
| + | |
| - | | + | |
| - | Hans-Werner Sinn of Germany's Ifo economic research institute has looked into all aspects of the coming transition. He claims Eastern Europeans, like their counterparts in Western Europe, may ultimately need certainly to exchange their marks for euros.
| + | |
| - | | + | |
| - | "Clearly, these Deutschemarks [German marks] will no longer be of use in the long term. Therefore people will need to bring the Deutschemarks in to their respective banks and exchange them in to pounds. That may have to happen in the spring of next year [by the end of the February deadline]."
| + | |
| - | | + | |
| - | Antti Heinonen, the manager of banknotes at the European Central Bank, or ECB -- the institution that's coordinating the switchover to euros -- claims that the change should not cause many problems for some Eastern Europeans.
| + | |
| - | | + | |
| - | However the currency's first problem -- in Eastern Europe at least -- is to change the mark in people's minds and beds.
| + | |
| - | | + | |
| - | == Kelley Rosano Author's Bio ==
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| - | Trust that God always guides you to what is best for you through your intuition which is the still small voice.<br> 2) Evaluate how well you are getting this at present - the starting point on your journey. Author's Bio: We can’t because we aren’t God,ralph lauren.’ So don’t boast about following a particular human leader.By John B Smith See all Articles by John smithGet Updates on ReligionGet Updates on John smith Average: 0 Your rating: None Tweet Allah Ta’ala has made this world for our test. He has set this word as an examination hall and every one of us has to pass the test in order to Jannah (The Paradise) Allah Ta’ala states in Quran: “He Who created Death and Life that He may try which of you is best in deed: and He is the Exalted in Might Oft-Forgiving” This is for sure that life and death is for our test The time all of us would spend here in this world would actually define our life after death it will define either we would go to Jannah or jahanum (The Hell Fire)
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| - | Many people (even Muslims) don’t practice Islam just because they don’t believe in the life after death Believing in the life after death requires Imaan Quran is the way that strengthens the Imaan because it talks about the life after death Allah (SWT) says: “But the Hereafter is better and more enduring”
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| - | What we need to do is to talk more and more about the Jannah which is made for Muslims Talking more about Jannah would motivate people Other than talking about Jannah we could explore the Jannah in Quran itself
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| - | In Surah Yaseen and Surah Rahman Allah (SWT) beautifully talks about the luxurious life of Muslims here are the verses of Surah Yaseen and Surah Rahman respectively: Surah Yaseen Verses: “Verily the Companions of the Garden shall that Day have joy in all that they do They and their associates will be in groves of (cool) shade reclining on Thrones (of dignity) Every) fruit (enjoyment) will be there for them; they shall have whatever they call for "Peace" - a word (of salutation) from a Lord Most Merciful”
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| - | Surah Rahman Verses: “But for such as fear the time when they will stand before (the Judgment Seat of) their Lord there will be two Gardens Then which of the favours of your Lord will ye deny, was, The nature of our soul leads us to the path we tavel.
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| - | -- The BRICS countries agreed on the setting up of an exclusive bank for themselves and the developing world. The bank is also discussing to mobilize 4.5 trillion US dollars over the next five years to target mainly infrastructure projects in its countries. The development bank can also borrow from other banks to pitch in with much-needed capital. The final document on establishing the bank could be ready by next year and from then on it could take a few years for the bank to start its operations.
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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:
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.
