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Practical Training In Solar PV Installation
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What Is a Transaction Coordinator?
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It is by using natural resources such as tidal or wind energy - collectively known as 'Green Energy' - that we could meet our daily energy needs. Collectively they are thought to be 'Green' because they are ecologically sound and easy to replace. It is easy to think that we may be travelling back in time when we think of items such as wind power and windmills. However, it is the result of eco-efficient and planet friendly options that this process is maintained.
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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:
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In the home environment, one can see examples such as Solar Thermal and Solar Water Heating Collectors. Equally there is electricity that is generated through roof-installed panels. Biomass Energy is the next phase, and this involves Fuel, Pellets, Stoves and Boilers burning Wood. There is also the ground heat from the Sun - now known as Ground Source Heat Pumps. Lastly, there are two of the more historical forms of energy production - namely Wind Turbines and Hydropower.
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1. Responsible for processing of all contracts through closing.
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Solar Thermal Energy Systems - Also known as Solar Energy, this mainly uses two, albeit different types of solar panels to get the desired results. Initially, there is the process of obtaining hot water from the Sun via Solar Water Heating Collectors. Added to this is the generation of electricity from solar radiation - known as Photovoltaism, or more commonly Solar Electrical panels. Solar Panels themselves need to be away from all light blocks, and should be on south facing roofs at angles of 30 degrees from the horizontal plane.
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2. Coordinating appointments for inspections, appraisals, and closing.
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Within Solar Energy overall, Solar Water Power is most commonly used in the UK. With the ability to provide almost half the annual need for hot water in the house, Solar Water heating systems are very important. Getting a professional fitting will cost around 2-5k, however, doing the job yourself could make it as low as 500 to 1500 pounds in total.
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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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Biomass Energy Based Systems: This is a general term for all forms of plant and animal material e.g. wood, straw, poultry litter and 'energy crops'. It is by using these materials in new ways to create energy that makes it so exciting. The ability to generate electricity is one of the UK's main green strengths - as it has one of the larger Biomass legacies within Europe. The lack of C02 given out by this form of energy is another positive element in the whole process. Because the system often involves one tree being planted as another is felled, many wood crops are deemed to be sustainable sources.
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4. Responsible for proper documentation of the file to comply with brokerage policies.
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By the growth of Short Rotation Crops (SRC), the UK is able to maximise the 'Energy Crops' return overall. Also producing high yields of dry matter are the perennial grasses. Other less known materials within this field are Agricultural and Municipal Waste. Agricultural Waste is commonly formed as a by-product of traditional agricultural work. However, waste derived from food or wood is another biomass entity - called Municipal Waste.
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5. Assures that all post-closing disbursements, filing, and procedures take place.
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Geo-Thermal Energy Based Systems - This is primarily the heating of the Earth (mainly from the sun) and can be utilised in electricity and warm water production. By using the ground source temperature of approximately 12 degrees, we can either heat or cool buildings within the UK. These heat pumps do need some power to operate; but for every one unit of energy they use, they generate four units of energy in return. By using energy from solar electrical panels or wind turbines to power them, heat source pumps can be almost 100 percent renewable in energy production.
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6. Frees the agent client up to focus on business building activities.
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Systems Based On Wind Energy: Without a doubt, wind energy has to be one of the oldest forms of energy production known to man. That aside, the ability to generate energy and both transfer this into the home or the local grid has been a relatively new option. To be fair, the UK has the highest level of wind generation within Europe. The fact remains that in the UK, there exists the ability to realise 10 percent of our electricity requirement from wind power - as opposed to the current value of just 1 percent. Although electricity is still being produced from between 2-10 p per kWh, it could be generated from as little as 2p per kWh. Because of this, it is estimated that it takes between half a year to three quarters of a year to cover the installation costs.
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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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Lastly, we have a discipline that the UK does well - namely Hydropower. Although new in its approach, the act of harnessing energy from water has been going on for a long time. In total, this could produce something like 2 percent of all electricity required in the UK.
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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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A hydropower system uses a turbine to create energy from moving water. Utilising natural river runs, or water drop-offs (through dams,) the turbines can work without a reservoir of water. It is by using the eroded national distribution systems, that allows for outdated sluices and dams to be used by techniques known as 'Micro-Hydro'. Although a lesser known form of electricity output, this process could supply 200mW of UK demand. Installing systems like this could cost between 200 pounds and 3k per kW of energy created.
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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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Due to the energy requirements worldwide, 'Green Energy' is naturally growing at a fast rate. To be fair, the UK domestic market is actually leading the resurgence, with a variety of schemes.
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Electrician and Plumbers are thought to be key in providing expertise during domestic installations. It is the political view of this type of energy generation that results in grants and financial aid becoming ever-more prevalent. It is important to gain the correct qualifications to install these items. Electrical or plumbing training that incorporates green technology could be very useful for the future.
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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.

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