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-	A land of romance and exotic tastes, Spain is a place to be taken in with great gulps. Here's a synopsis of the nation, If you are planning for a trip.	+	What Is a Transaction Coordinator?
-	Summary of Spain for Travelers	+	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:
-	The state name of the country may be the Kingdom of Spain. It covers an area of approximately 194,000 square miles. Including the mainland and the Balearic and Canary Islands. This total square mileage makes Spain one of the larger nations in Europe, approximately how big is the states of Arizona and Utah.	+	1. Responsible for processing of all contracts through closing.
-	The main city of Spain is Madrid, home to approximately 5.5 million people. Other major cities include Barcelona with 4.9 people, Malaga with 1.3 million, Seville with 1.8 million and Valencia with just over 2 million people. The ground of Spain ranges from flat to mountainous. Temperatures vary from cool in the winter to baking hot in the summer, particularly in cities such as Madrid, which don't have usage of costal breezes.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Until 1975, Spain was a functional dictatorship ruled by General Francisco Franco. Following his death in 1975, the Prince Juan Carlos de Borbon y Borbon was named Chief and King of State. He eventually moved to liberalize the nation and assigned an independent head of declare that has become an elected official.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Spain has been around a constant state of civil war for much of the past a century. Independence is sought by basque factions from the principle of the King and authorities. It's manifested it self in the proper execution of bombings and such. Barcelona is considered a Basque city, making for an important competition involving the city and Madrid. Do this, If you have a way to attend a basketball game between the two! Violence is rare, however the insults are special.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	The people of Spain are known as Spaniards or Spanish. The full total populace is just over 44 million and growing at one percent per year. National breakdowns are geographically focused, but include Basques, Catalans and Galicians. The religious tendency of the nation is overwhelmingly Roman Catholic.	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
-	The official language of Spain is Spanish. That being said, Catalan-Valenciana, Galician, and Basque languages form a prevalent minority. Education is compulsory through age 16 and literacy rates come in the 98 percent range.	+	6. Frees the agent client up to focus on business building activities.
-	Spain is really a country. Spain stands uniquely aside, while a lot of Europe seems to be in a hurry to mesh countries.	+	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.