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EU foreign ministers have imposed a travel ban and asset freeze on the UK-born wife of Syrian leader Bashar al-Assad and other family members, diplomats say.
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What Is a Transaction Coordinator?
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Asma al-Assad is among 12 people added to the sanctions list, which already includes her husband.
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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:
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The ban cannot stop her from travelling to the UK, British officials say.
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1. Responsible for processing of all contracts through closing.
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Anti-government activists accuse the regime of killing thousands of protesters over the past year.
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2. Coordinating appointments for inspections, appraisals, and closing.
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In recent weeks, the Damascus government has stepped up its efforts to crush pockets of rebellion in cities including Homs and Hama.
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3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
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Russia and China have vetoed two UN Security Council resolutions on Syria for fear that intervention could lead to regime change, as happened in Libya last year.
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4. Responsible for proper documentation of the file to comply with brokerage policies.
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Mr Assad has promised political reform, but observers and his opponents have dismissed his plans as window-dressing.
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5. Assures that all post-closing disbursements, filing, and procedures take place.
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The BBC's Chris Morris in Brussels says for years there was a perception that Mrs Assad's Western upbringing could encourage reform in Syria.
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6. Frees the agent client up to focus on business building activities.
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The 36-year-old, who is of Syrian descent, was born in the UK and spent much of her life in west London. The UK Border Agency has confirmed that Mrs Assad is British.
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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:
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"British citizens subject to EU travel bans cannot be refused entry to the UK," a spokesman said.
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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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Mrs Assad, who worked as an investment banker in the City of London before her marriage in 2000, has generally played a low-key role in the regime.
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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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The BBC's Caroline Hawley looks at Asma Assad's UK roots
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However, in February she wrote to Britain's Times newspaper to explain why she thought her husband was still the right man to lead Syria.
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Other members of Mr Assad's family have also been added to the sanctions list. The AFP news agency says these include Mr Assad's mother, sister and sister-in-law.
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Current revision as of 05:22, 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.

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