From Kokorodatabase
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| - | All metals and certain polymers and ceramics are susceptible to corrosion, that's typically created by the existence of moisture in the air or direct contact with water. In metals this procedure is oxidation: the alteration of electrostatic charge where oxides or salts are made, resulting in damage to the structure of the metal. Rusting, the production of red oxide within an iron structure, is a common illustration of this. The word 'degradation' is applied to the corrosion of non-metals, though the process is similar: the corroding material surrenders electrons in a chemical reaction and drops its structural integrity. Corrosion testing does apply for the following sorts of damage.
| + | What Is a Transaction Coordinator? |
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| - | Galvanic corrosion happens when two metals enter into contact inside an electrolytic medium or one metal is encountered with two different electrolytes. Microbiologically Influenced Corrosion is the result of micro-organisms attacking a metallic or non-metallic material either without or with the presence of oxygen; as an example Accelerated Low Water Corrosion damages steel piles around the low-water mark, leaving behind an orange sludge for a deposit. Aerospace materials, engines or power-generation materials are common cases of substances prone to High Temperature Corrosion. Metal Dusting happens in high-carbon-dioxide contexts, developing a tell-tale film of graphite on metal and reducing that metal to powder.
| + | 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: |
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| - | Corrosion testing involves the promotion of deterioration in test samples to ascertain the extent and rate of any damage by corrosion in the environment. Accelerated Corrosion Testing is a strategy intended to calibrate the long-term effects on the system of alternating wet and dry cycles, creating the production of partially dry corrosion agents that exacerbate degradation within the system. Typical will be the ISO 11474 test, which employs an outdoor intermittent salt-water spray.
| + | 1. Responsible for processing of all contracts through closing. |
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| - | Weld testing for corrosion damage or other structural compromise can be done via Dye Penetrant Inspection. Penetrant is applied to a test surface and left for 5-30 minutes. Developer, such as dry powder or Non-Aqueous Wet Developer (e.g. acetone), draws penetrant from defects in a visible ‘bleed-out’ process. Additional weld testing methods involve Magnetic Particle Testing, X-rays, 3D X-rays and microscopy: all considered as Non-Destructive Inspection procedures. All metals and certain polymers and ceramics are inclined to corrosion, that's typically developed by the presence of moisture in the air or direct experience of water. In metals this method is oxidation: the alteration of electrostatic charge whereby salts or oxides are produced, causing damage to the structure of the metal. Rusting, the creation of red oxide within an iron structure, is a very common instance of this. The word 'degradation' is applied to the corrosion of non-metals, but the process is similar: the corroding material surrenders electrons in a chemical reaction and drops its structural integrity. Corrosion testing can be applied for the following varieties of damage.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
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| - | Galvanic corrosion develops when two metals enter into contact inside an electrolytic medium or one metal is exposed to two different electrolytes. Microbiologically Influenced Corrosion is as a result of micro-organisms assaulting a metallic or non-metallic material either without or with the presence of oxygen; for example Accelerated Low Water Corrosion damages steel piles round the low-water mark, leaving behind an orange sludge as a deposit. Aerospace materials, engines or power-generation materials are common instances of substances vulnerable to High Temperature Corrosion. Metal Dusting occurs in high-carbon-dioxide contexts, developing a tell-tale film of graphite on metal and reducing that metal to powder.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
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| - | Corrosion testing necessitates the promotion of deterioration in test samples to determine the rate and extent of any damage by corrosion within the environment. Accelerated Corrosion Testing is a strategy which is designed to calibrate the long-term effects on a system of alternating wet and dry cycles, creating the production of partially dry corrosion agents that worsen degradation within the system. Typical will be the ISO 11474 test, which employs an outdoor intermittent salt-water spray.
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
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| - | Weld testing for corrosion damage or any other structural compromise can be done via Dye Penetrant Inspection. Penetrant is used to a test surface and left for 5-30 minutes. Developer, such as dry powder or Non-Aqueous Wet Developer (e.g. acetone), draws penetrant from defects in a visible ‘bleed-out’ process. Various other weld testing methods consist of Magnetic Particle Testing, X-rays, 3D X-rays and microscopy: all listed as Non-Destructive Inspection procedures.
| + | 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: |
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| | + | 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. |
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.
