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-	Recently I was checking out You Tube for info on day trading techniques, and came across the "Simple Day Trading Method" video from Markus Heitkoetter and Rockwell Trading.  Now I am pretty new to day trading, specially the futures markets, and have been told these are fairly dangerous markets to trade. But, I have to admit I was intrigued by the straight forward strategy of the Easy Day Trading Strategy, and how it employed typically found indicators to show the path of the industry and very best probably entry points.	+	What Is a Transaction Coordinator?
-	I wanted to discover much more, so I went to the Rockwell Trading internet site to verify out some of their cost-free material. Their web site is fairly clean and uncluttered, and on the right hand side I noticed a number of blog postings on how to be a trader. This is a three part series and gave me some wonderful insight on what my mindset need to be the worth of setting realistic targets risk management and the significance of creating a trading strategy.	+	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:
-	I had by no means believed about approaching trading as a organization. I often thought the thought was to concentrate on a handful of markets, do some investigation, practice a bunch of paper trades, and then go for it. It in no way occurred to me to ask myself what I wanted from trading, and then think about how I would go about reaching these objectives. My objective was basically to make cash and to make as significantly as possible! I now appreciate that this strategy is why so many traders fail and blow out their accounts. It is truly only these that genuinely know what they're undertaking that make constant funds. They are not gamblers!  They are skilled specialists that use planning, patience and discipline to trade the markets.	+	1. Responsible for processing of all contracts through closing.
-	This was a huge eye opener for me, and I thank Rockwell Trading helping me better comprehend what it will take for me to grow to be a profitable trader. I also know this, I have a lot of function to do just before I begin trading with genuine cash, but this is a great commence and I strategy to check out a lot more Rockwell Trading material to help me in this method.	+	2. Coordinating appointments for inspections, appraisals, and closing.
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		+	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:
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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.

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Current revision as of 05:14, 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.