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-	Spring has finally arrived in Toronto and, suddenly, it is time to begin planning your outside activities. Probably you host an barbecue, or have a one-time party in the offing, such as a wedding or family reunion, but, with a precious couple of months by which to put on a backyard event in Toronto, the sooner you start preparing the better.	+	What Is a Transaction Coordinator?
-	As you would like anything to be perfect, not only to help make the function enjoyable, but unique too, a host. Theres a great deal to consider; place, date, activity, etc.. Nevertheless, as any party advisor can tell you, theres nothing more important compared to food and drinks for the achievement of a, outdoors or indoors.	+	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:
-	If the food and products weren't right think of it this way; if an outdoor event was planned by you with great entertainment, all the right people and you got the nicest weather, it might nevertheless be considered a deep failing. On another hand, a plain barbecue, with great food and refreshments, will probably be a success and fondly remembered by your visitors.	+	1. Responsible for processing of all contracts through closing.
-	With so much riding about what food and which drinks are served, its no wonder more hosts are turning to outdoor event catering to be sure their party is a success. Having your function focused add a special touch to your party and ensure it is a remarkable success.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	The proper outside function catering company can do more than make sure you have a delightful selection and stimulating drinks. They will help you plan your party, offer providing staff and make certain you have everything you need, from cutlery to tents, so all you have to accomplish is enjoy the time with your friends.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	The issue is, how will you know which outside event catering company in Toronto is the right one for your party? Idas Kitchen has properly focused outside parties and barbecues all over Toronto and the GTA. [ Dickeyville, WI]	+	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:
		+
		+	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 05:40, 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.