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Revision as of 09:43, 23 November 2012 (edit) 198.143.137.107 (Talk) ← Previous diff		Current revision as of 05:16, 9 December 2017 (edit) (undo) 36.37.223.228 (Talk)
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-	Logged in as Lucas | Support | Logout Partner Program	+	What Is a Transaction Coordinator?
-	Blast #941610 xBlast #941614 xBlast #941617 xBlast #941629 xBlast #941639 xBlast #941675 xBlast #935304 xBlast #935284 xBlast #935280 xBlast #935276 xBlast #935275 xBlast #935264 xBlast #941387 xBlast #941431 xBlast #941404 xBlast #941412 xBlast #941426 xBlast #941441 xBlast #935262 xBlast #935253 xBlast #935242 xBlast #935235 xBlast #935229 xBlast #935225 xBlast #941090 xBlast #941119 xBlast #941169 xBlast #941179 xBlast #941209 xBlast #941207 xBlast #935224 xBlast #935222 xBlast #935221 xBlast #935220 xBlast #935219 xBlast #935218 xBlast #940839 xBlast #940856 xBlast #940843 xBlast #940888 xBlast #940902 xBlast #940915 xBlast #935217 xBlast #935216 xBlast #935215 xBlast #935214 xBlast #935213 xBlast #935212 xBlast #940634 xBlast #940613 xBlast #940522 xBlast #940658 xBlast #940670 xBlast #940682 xBlast #935209 xBlast #935208 xBlast #935206 xBlast #935205 xBlast #935204 xBlast #935202 xBlast #940334 xBlast #940357 xBlast #940362 xBlast #940371 xBlast #940388 xBlast #940391 xBlast #935201 xBlast #935200 xBlast #935198 xBlast #935193 xBlast #934743 xBlast #934425 xBlast #940085 xBlast #940096 xBlast #940179 xBlast #940181 xBlast #940218 xBlast #940220 xWiki Submission x	+
-	Services >	+
-	Link Building Service: Wiki Submission	+
-	Blasts	+
-	Reliability	+
-	Marketplace Rank	+
-	Currently, this service is ranked #3 out of 7 services in the Wiki Submission category. We calculate a Marketplace Rank for every service and we use it to determine how much business to send to each service.	+
-	With our current levels of supply and demand, given your service's Marketplace Rank, we expect this service to earn approximately $689 per week, on average.	+	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:
-	Here are some suggestions for how to improve your Marketplace Rank relative to the other services in the Wiki Submission category:	+	1. Responsible for processing of all contracts through closing.
-	During the last 30 days, you failed to deliver 450 blasts. Unsuccessful blasts look really bad to our customers, so a history of failed blasts will strongly hurt your Marketplace Rank. Make sure that all future orders get delivered successfully.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	We notice that your guaranteed number of successful links is lower than the average number of successful links you generate. We don't fully credit you for overdelivered links, so you should increase your guaranteed number of successful links to improve your Marketplace Rank.	+
-	Your domain diversity is worse than 3 other service(s) in this category. See if you can find more domains where you can post links.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
-	Your service is priced higher than 1 other service(s) in this category. Even if you have a better cost-per-link, it helps your Marketplace Rank to have a lower overall price. Consider offering a smaller blast: half the links for half the cost. Just make sure that doing this doesn't hurt any other measures of quality (delivery time, etc.).	+
-	Your average delivery time for a blast is 4.4 days. See if you can improve delivery times.	+	4. Responsible for proper documentation of the file to comply with brokerage policies.
-	(Note: Some suggestions are updated approximately once every 24 hours and do not reflect changes you've made since the last update. So if you make a change, such as lowering your price, please come back tomrrow to see the impact on your Marketplace rank.)	+
-	[981006 November 23, 2012 In Progress, expected by Nov 30 Download Orders - Report Success]	+	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.

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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.