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| - | The month of January is a special month as: January 1, or January the 1st, is of course the first day of the calendar year. This is accurate in each the Julian and Gregorian calendars. I am referring to the regular calendar year, in which months are ordered: January, February, March, April, Could, June, July, August, September, October, November, December. It used to be in history that the 1st day of a medieval Julian new year was a day other than January 1. January 1st was adopted as the very first day of the Julian year by all Western European nations except England amongst about 1440 and 1610. Right after the first of January 364 days in the year exist(365 in leap years).
| + | What Is a Transaction Coordinator? |
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| - | Wonderful events that have occurent on this day throughout history are:
| + | 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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| - | 45 BC - The Julian calendar initial takes effect.
| + | 1. Responsible for processing of all contracts through closing. |
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| - | 404 - Final recognized gladiator competitors in Rome requires place.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
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| - | 630 - Muhammad sets out toward Mecca with the army that will capture it bloodlessly.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
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| - | 1651 - Charles II crowned King of Scotland
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
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| - | 1673 - Normal mail delivery begins between New York and Boston.
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
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| - | 1788 - Initial edition of The Times of London is published
| + | 6. Frees the agent client up to focus on business building activities. |
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| - | 1797 - Albany replaces New York City as the capital on New York.
| + | 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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| - | 1801 - The 1st recognized asteroid 1 Ceres is found by Giuseppe Piazzi.
| + | 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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| - | 1808 - Importation of slaves into the United States is banned
| + | 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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| - | 1894 - The Manchester Ship Canal, England, was officially opened to visitors.
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| - | 1898 - New York City annexes land from surrounding counties, making the City of Greater New York.
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| - | 1908 - The 1st payments of old-age pensions were created in Britain, with persons more than 70 getting 5 shillings (25p) a week.
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| - | 1912 - The Republic of China is established.
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| - | 1934 - Alcatraz Island becomes a U.S. federal prison.
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| - | 1970 - The Unix epoch begins at 00:00:00 UTC.
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| - | 1971 - Cigarette advertisements are banned on American tv.
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| - | 1984 - AT&T is broken up into twenty-two independent units.
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| - | 1985 - The Internet's Domain Name Program is created.
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| - | 1985 - The very first British mobile phone contact is made by Ernie Sensible to Vodafone.
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| - | 1992 - George H. W. Bush becomes the 1st President of the United States of America to address the Australian Parliament.
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| - | 1994 - The North American Cost-free Trade Agreement comes into effect.
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| - | 1995 - The Globe Trade Organization comes into effect.
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| - | 1995 - The Kingdom of Sweden and the republics of Austria and Finland are admitted into the European Union.
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| - | 1998 - Smoking is banned in all bars and restaurants in the State of California.
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| - | 1999 - The Euro currency is introduced.
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| - | 2001 - January 1st marked the initial Day of the Third Millennium.
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| - | The beginning of a new year marks alot of modify for alot of us. Believe in your own life to New Years resolutions, Financial and private ambitions,etc. Whatever it is that you aim to achive this new year I want you the best!
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| - | <li>or maybe weekly basis</li>
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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.
