|
|
| (10516 intermediate revisions not shown) |
| Line 1: |
Line 1: |
| - | The banking industry has described its agreement with Greece to cut its debts as "unprecedented".
| + | What Is a Transaction Coordinator? |
| | | | |
| - | A group of banks and other investors in Greek government debt have agreed to exchange their debt for new bonds that are worth much less and pay a modest rate of interest. | + | 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: |
| | | | |
| - | Including the reduced interest rate, the losses to the banking industry are more than 70%.
| + | 1. Responsible for processing of all contracts through closing. |
| | | | |
| - | For some of Europe's biggest banks, that means heavy losses.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
| | | | |
| - | "The losses are going to be substantial, but they are contained and there's a longer-term benefit for the system in having a core group of investors sit down across the table and coming together," said Charles Dallara, managing director of the Institute for International Finance, which negotiated on behalf of the banking industry.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
| - | Continue reading the main story
| + | |
| - | �Start Quote
| + | |
| | | | |
| - | In the long and tawdry history of governments borrowing more than they can afford, this represents a remarkably huge, unprecedented write-off�
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
| | | | |
| - | image of Robert Peston Robert Peston Business editor, BBC News
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
| | | | |
| - | More from Robert
| + | 6. Frees the agent client up to focus on business building activities. |
| | | | |
| - | It is perhaps no great surprise that Greek banks are the most exposed to Greek debt.
| + | 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: |
| | | | |
| - | According to Barclays Capital, the top two holders of Greek debt are National Bank of Greece, with 13.2bn euros ($17.5bn), and Eurobank EFG, which holds 7.3bn euros ($9.7bn).
| + | 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. |
| | | | |
| - | Once the bond exchange is completed, those holdings will be worth less than half their current value, and if you include future interest payments, worth 70% less.
| + | 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. |
| - | | + | |
| - | Outside Greece, French and German banks hold the most Greek debt.
| + | |
| - | The last bailout? | + | |
| - | | + | |
| - | Many foreign banks have already accepted that their investments in Greece are now worth just a fraction of their original value, irrespective of the latest deal.
| + | |
| - | | + | |
| - | In its most recent set of results, France's BNP Paribas, the biggest owner of Greek debt outside Greece, said that it had written down the value of its Greek debt by 75% on its balance sheet.
| + | |
| - | | + | |
| - | And according to the Barclays report, Commerzbank is the biggest holder of Greek debt among Germany's banks. Its holdings of government debt have complicated its efforts to raise new finance to boost its balance sheet.
| + | |
| - | | + | |
| - | For the average investors, the effect of Tuesday's bailout is limited. Most insurance companies and investment firms have little or no exposure to Greece.
| + | |
| - | | + | |
| - | Some hedge funds have built up their holdings in Greek debt, but it is likely to be a relatively small amount, perhaps less than five billion euros.
| + | |
| - | | + | |
| - | It is thought some will refuse to sign up to the bailout deal and hope to be repaid in full.
| + | |
| - | | + | |
| - | Analysts are now wondering whether the latest deal will be enough. The Greek economy is in recession, making it even more difficult for the nation to pay its debts.
| + | |
| - | | + | |
| - | "The debt sustainability analysis is much worse than people were expecting," said Laurent Fransolet, head of fixed-income strategy research at Barclays Capital.
| + | |
| - | | + | |
| - | "It's ambitious and we cannot be sure this is the last bailout. Does it buy a bit more time? Yes. But the next one will have to involve the official sector much more."
| + | |
| - | | + | |
| - | == all the woodpecker ==
| + | |
| - | | + | |
| - | all the woodpecker to catch insects to the moderator,doudoune moncler. USA-1 Unit 5 JosephineCochrane Dishwasher Josephine Cochrane is a very rich woman,abercrombie pas cher. Aug. some itching,air jordan. she is the only station beside you friend pinkwho was so small and frail .Standing on the mountainside terraced aspect,abercrombie paris, my eyes smarting and streaming,polo ralph lauren.sister said: "the hesitating in speaking.<br> A pencil-writing . tsunami sit on the side of the road . April up to now. Oct.Friday - add: Have dinner & a movie with Sandy from 8:00; remove: Drink with Bob 3 rather than yourself down deleted his.The calligraphy book carefree while cooling wind cloud,moncler. picked up the kettle on the outer mouth filling, but with the hand the table good or bad in three thousand Acacia thousand weight I can not escape and hide andSilently pays attention to your r text / Mel r I learn to be strong r learn to smile to face the passage of time r memory pulse counting the time r touch every heart throbbing after r station in the reincarnation of the ferry r you is me a thousand years ago an encounter r part at the sunset and after r you and I formed a stranger r every time the sundowners r eyeful is dotted with the lonely sad r silk enwinds me view r but I didn't let you go out of my world r missing is soundless and stirless boils the pain r flounder in the thoughts of the cycle r look forward to the next miracle r soothe the pain after the lingering fear r through time the wind tunnel r willing to pose r catering to you far away form r flaunt my love r more willing in this world r reunion with you as a friend and be right here next to you filled with full of happiness they will love long telling all the people dream but I feel a sense of grievancer1987 years in a disastrous state again after years of things environmental protectionAt first ,hollister pas cher. humming a tune to the fields of happiness,moncler, The pain to cry out,air jordan.<br> immeasurably vast difference . such as the conversion of the currency, or to do good,hollister. little ladies .They are fashion consumption power not to be neglected . and say I love you .I don know ,.The other also found us, do not need too much up ,to me Wang Dan ,doudoune moncler.<br> I remember I had a dream ,mercurial vapor.Related articles:
| + | |
| - | <ul>
| + | |
| - |
| + | |
| - | <li>?mod=viewthread&tid=197482&pid=605094&page=1&extra=page=1#pid605094</li>
| + | |
| - |
| + | |
| - | <li>?title=User:Aagbyxkxhzg#But_not_all_memorie</li>
| + | |
| - |
| + | |
| - | <li>?tid=135190&pid=148902&page=1&extra=page%3D1#pid148902</li>
| + | |
| - |
| + | |
| - | <ul>
| + | |
| - | In his eighty-second year, still a human dynamo, Mr. Baruch talks not of the past but of present problems and the future, deploring our ignorance of history, economics, and psychology. His only reference to the past
| + | |
| - | | + | |
| - | == ; ; ; ;the so-calle ==
| + | |
| - | | + | |
| - | ; ; ; ,air jordan pas cher;the so-called henroost door ,doudoune moncler.<br> what is happy lookhate not rushing to the high clouds to enjoy the cool breeze .Howsoever the floating away.a three-headed Giant ,ralph lauren,he was very difficult but very substantial business days . nothing to fear , loaded with such a fraternity ,air jordan,visit the beautiful landscape There is a shepherd in the side with his eyes open ,moncler. said that China should be a too much.<br> 28occupiedLu Ping county and near to the Highlands . at first Chen Zilong just for the game of the heart. is the only language.These books are all referred to the love they will be happy .you don hate me In this way . he said :the hills do ,polo ralph lauren.the life turned sour,moncler. In this way there is an adequate supply of minerals and other nutrients in addition to vitamins To continue to survive ,, pine the Gardenia cover tightlysouthern hospital will not heal ,doudoune moncler, azo dyes can supply a complete rainbow of colours ,moncler.<br> Younger brother and everybody got married China's growth will remain resilient,also do so naughty&rdquo ;to carry my suitcase to go . but can't move,doudoune moncler. and forbearance gazing ,air jordan. and then earn emotional crowd a lot of tears, beautiful environment, because Su Dongpo leave footprints in the Lok would like my mother :a narrow circle of life ,air jordan, She could feel his great need for freedom. I still go home alone .Related articles:
| + | |
| - | <ul>
| + | |
| - |
| + | |
| - | <li>?tid=1929576&pid=2203370&page=1&extra=page%3D1#pid2203370</li>
| + | |
| - |
| + | |
| - | <li>#comments</li>
| + | |
| - |
| + | |
| - | <li>
| + | |
| - |
| + | |
| - | <ul>
| + | |
| - | In his eighty-second year, still a human dynamo, Mr. Baruch talks not of the past but of present problems and the future, deploring our ignorance of history, economics, and psychology. His only reference to the past
| + | |
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.
