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-	Like numerous Heisman Trophy winners before him, Eric Crouch has located out stardom in the college ranks is not a guaranteed ticket to pro football fame and fortune.	+	What Is a Transaction Coordinator?
-	Crouch, out of Nebraska, was voted the most outstanding college player in 2001. The Cornhuskers have produced numerous offensive  greats but, by the time Crouch left the college, the quarterback had surpassed them all, leaving a trail of new records in the NU books. Amongst other highs, he is the NU career total offense leader (7,915 yards), holds the record for most career rushing yards by a quarterback, single game total offense record (360 yards), is the touchdown leader (88), and set an NCAA record for most career rushing TDs by a quarterback (59).	+	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:
-	After trials with the Rams, Packers and Chiefs, Eric accepted the NFL consensus he lacked size at quarterback and was sent packing to NFL Europe for the 2005 season as a security. He didnt agree. Stepping down from glory is jagged pill to swallow.	+	1. Responsible for processing of all contracts through closing.
-	Eric Crouch desires to be a  specialist quarterback.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	The Canadian Football League is giving him that likelihood. He impressed the Toronto Argonaunts adequate for the duration of an off season trial, hell come to camp with a full shot at backing up starter Damon Allen.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Nebraskas star isnt the very first quarterback of note to get his profession in gear playing in the CFL. Wally Moon comes to thoughts. The Argonauts themselves have had Joe Theisman and 1984 Heisman Trophy winning Doug Flutie at the helm in the past. Eric Crouch isnt even the initial Nebraska Heisman winner to get his begin up north. Johnny Rodgers was a first round draft choose in 1973 but he turned down San Diego in favor of Montreal.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	Who knows? If factors go properly for Eric Crouch up there in Toronto, he might in no way want to come back. []	+	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.
		+
		+	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.