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-	An Easter strike by fuel tanker drivers has been ruled out by the Unite union.	+	What Is a Transaction Coordinator?
-	It is to join conciliation talks and says there may still be a strike after Easter if those fail.	+	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:
-	Government advice to drivers to top up tanks has been blamed by retailers for causing "panic buying". Demand for petrol rose 172% on Thursday, and diesel 77%, said independent experts.	+	1. Responsible for processing of all contracts through closing.
-	In York, a woman suffered 40% burns on Thursday when petrol ignited as she was decanting it in her kitchen.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	The union announced on Friday morning that there would be no strike over Easter.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	In a statement, assistant general secretary Diana Holland said: "We do still retain the right to call strike action for after Easter should those talks break down."	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	Some 90% of UK forecourts are supplied by the Unite union's 2,000 or so members at the centre of the dispute.	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
-	Unite's drivers, who deliver fuel to Shell and Esso garages and supermarkets such as Tesco and Sainsbury's, have called for minimum working conditions covering pay, hours, holiday and redundancy.	+	6. Frees the agent client up to focus on business building activities.
-	Conciliation service Acas says it hopes talks between employers and unions will take place shortly after Monday.	+	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:
-	Contingency plans	+
-	Queues formed at many petrol stations across the country on Thursday as demand for fuel rose.	+	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.
-	Continue reading the main story	+
-	�Start Quote	+
-	It is for the employers and unions to resolve their issues by getting around the negotiating table and talking�	+	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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-	DECC spokeswoman	+
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-	Some garages ran dry but retailers said they were coping and normal deliveries would ensure supplies were replenished.	+
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-	Anticipating a strike they describe as "completely wrong", ministers have called for motorists to keep their cars "topped up" but urged people not to queue.	+
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-	On Thursday, Energy Secretary Ed Davey advised that people "just need to do the sensible thing... get a full tank of petrol, not a half-tank".	+

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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.