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-	I definitely cant blame you if you express disbelief and outright doubt when you read the words low APR credit card. Thats like an oxymoron thats never going to come accurate, isnt it? When did a credit card ever have low APR? But I assure you, there is such a thing and even though its as challenging to believe as when I tell you that aliens do exist, give this report a opportunity and read on.	+	What Is a Transaction Coordinator?
-	For positive, youve observed, heard and read thousands of ads about low APR credit cards from the Tv, radio, newspapers and the Internet but you just tune them out due to the fact you believe these credit card companies are just pulling your leg.	+	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:
-	Effectively, I wont lie and say that all credit card organizations are straightforward. Theyre not all sincere. But there are nonetheless credit card organizations who do imply what they say, even when it comes to low APR or annual percentage prices and to aid you establish whos being accurate and whos getting false, here are a handful of ideas.	+	1. Responsible for processing of all contracts through closing.
-	If youre angling for a credit card with a zero percent (%) APR intro rates, you should make positive that your credit ratings are outstanding or at least much more than excellent. If you dont know your credit ratings, all you have to do is ask and pay for a copy of your credit report from any of the significant credit bureaus in the nation  Equifax, TransUnion or Experian.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	If your FICO scores are above 650 then thats very good simply because youre confident to qualify for a zero percent intro APR credit card. For individuals with FICO scores in between 550 and 650, its touch and go so greater examine with a credit card representative first and clarify to him if you need to submit much more documents to assist you qualify for a credit card with % APR intro prices.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Beware, nonetheless, if you have a FICO score below 550 and you nevertheless actually managed to locate a credit card company who assures you that youre qualified for a % APR intro rate credit card. Somethings definitely fishy going on.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	If you locate yourself in this kind of predicament, I advise you to refuse that offer you politely then basically go through the necessary steps to fix poor credit. When your credit reputation is sufficiently repaired, just re-apply for a % APR intro rate credit card and just maybe, your luck may possibly have ultimately changed.	+	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.
		+
		+	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 05:16, 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.