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-	Spring has finally found its way to Toronto and, suddenly, it is time to start planning your outdoor events. Perhaps you host an barbecue, or have a one-time celebration planned, like a wedding or family gathering, but, with a precious few months where to carry a backyard celebration in Toronto, the sooner you start planning the better.	+	What Is a Transaction Coordinator?
-	As a host, you would like everything to be perfectly, not only to really make the event pleasant, but wonderful too. Theres a lot to consider; area, day, activity, etc.. But, as any party advisor can tell you, theres nothing more important than the food and refreshments for the achievement of a, outdoors or indoors.	+	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:
-	Think of it this way; if you designed a backyard event with great activity, all the right people and the nicest weather was got by you, it may still be considered a deep failing if the food and products weren't right. On one other hand, a plain barbecue, with drinks and good food, will likely be profitable and fondly remembered by your guests.	+	1. Responsible for processing of all contracts through closing.
-	With so much riding on what food and which beverages are served, its no wonder more hosts are turning to outside function catering to be sure their party is a success. Having your event crafted put in a special effect to your party and allow it to be a memorable success.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	The proper outdoor function catering organization can do a lot more than be sure you have a delightful selection and stimulating drinks. They'll help you plan your party, give providing staff and make sure you've anything you require, from cutlery to tents, so all you've to accomplish is enjoy the time with your visitors.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	The thing is, how do you know which outdoor function catering company in Toronto is the right one for your party? Idas Kitchen has effectively catered barbecues and outside parties around Toronto and the GTA. [ Dickeyville, WI]	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
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		+	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.
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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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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.