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-	Credit Repair Services	+	What Is a Transaction Coordinator?
-	If you are in the business of credit repair services. You may have at one time considered purchasing credit repair leads.	+	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 benefit of purchasing credit repair leads, is that the customer is committed to having their credit repaired by a professional such as yourself.	+	1. Responsible for processing of all contracts through closing.
-	These customers are not playing games or surfing the net looking for information and merely contemplating the idea of credit repair, they are very serious about it, and they are waiting on a phone call.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Wether or not you are an established credit repair business or a start up, credit repair leads are a good option when considering lead sources.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	So where is the best place to get credit repair leads?	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	The obvious answer would be to find a credit repair lead company, but that isnt always as easy as it sounds.	+	5. Assures that all post-closing disbursements, filing, and procedures take place.
-	Yes, it is easy to find the lead company via the internet, but finding a good one with reasonable pricing is where the challenge lies.	+	6. Frees the agent client up to focus on business building activities.
-	For starters, find a lead company that obtains their leads through web sites they own and operate themselves.	+	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:
-	Steer clear of the companies that buy their leads from other companies and recycle them. You never know how many times that selling company has sold the lead.	+	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.
-	Try to find a company that not only sells their own leads, but sells them at a reasonable price, exclusively, and in real time if possible.	+	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.
-		+
-	Make an attempt to contact someone in their customer service department. Ask them as many questions you feel to be appropriate. If you are not satisfied with the answers to your questions, or the quality of the service you receive, than move onto the next company.	+
-		+
-	The quality of the service you receive is usually an indication of the quality of the lead you receive, so proceed with caution. Credit Repair Services	+
-		+
-	If you are in the business of credit repair services. You may have at one time considered purchasing credit repair leads.	+
-		+
-	The benefit of purchasing credit repair leads, is that the customer is committed to having their credit repaired by a professional such as yourself.	+
-		+
-	These customers are not playing games or surfing the net looking for information and merely contemplating the idea of credit repair, they are very serious about it, and they are waiting on a phone call.	+
-		+
-	Wether or not you are an established credit repair business or a start up, credit repair leads are a good option when considering lead sources.	+
-		+
-	So where is the best place to get credit repair leads?	+
-		+
-	The obvious answer would be to find a credit repair lead company, but that isnt always as easy as it sounds.	+
-		+
-	Yes, it is easy to find the lead company via the internet, but finding a good one with reasonable pricing is where the challenge lies.	+
-		+
-	For starters, find a lead company that obtains their leads through web sites they own and operate themselves.	+
-		+
-	Steer clear of the companies that buy their leads from other companies and recycle them. You never know how many times that selling company has sold the lead.	+
-		+
-	Try to find a company that not only sells their own leads, but sells them at a reasonable price, exclusively, and in real time if possible.	+
-		+
-	Make an attempt to contact someone in their customer service department. Ask them as many questions you feel to be appropriate. If you are not satisfied with the answers to your questions, or the quality of the service you receive, than move onto the next company.	+
-		+
-	The quality of the service you receive is usually an indication of the quality of the lead you receive, so proceed with caution.	+

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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.