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-	When I am certain that you know, Microsoft Vista is along the way! Microsoft projects that all five versions of Vista will be accessible by mid-2006, and if that contains this will function as the longest time frame actually between versions of Windows.	+	What Is a Transaction Coordinator?
-	Yes, that is correct - I said "all five versions." Microsoft says that past versions of their OS, such as for instance Windows XP, were based more on equipment type than how people actually used their PCs. MS says that this can not function as case with Vista, and to that end they are going to provide two separate versions of Vista to organizations and two to home PC users. In this specific article, well have a quick summary of Microsoft Vista Business characteristics.	+	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:
-	Windows Vista Business exists as an answer for many organizations, irrespective of size. In answer to security concerns about previous Microsoft products, Vista Business will offer built-in answers against spyware. And for those of you (okay, us) who never really have all of the information on their PCs backed up properly, Vista will not only help you to solve tragic failures before they arise, but new functions Windows Backup and Volume Shadow Copy will help to ensure you never have to hope for a difficult drive to come back alive because you are behind on your backups!	+	1. Responsible for processing of all contracts through closing.
-	Windows Vista Enterprise provides these characteristics and more to enterprise-level sites. One of these simple is Windows BitLocker Drive Encryption, made to defend a complete hard drive. BitLocker will help avoid the loss of your businesses intellectual property even if the PC its on is stolen.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	To start understanding more about Vista, visit www.microsoft.com/windowsvista. Whether or not your organization has any plans to maneuver to Vista, it is owed by you to yourself and your job to keep up with the most recent technologies- and that includes Microsoft!	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
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		+	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.
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		+	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 05:08, 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.