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| - | The United States has announced it will further ease sanctions against Burma.
| + | What Is a Transaction Coordinator? |
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| - | Secretary of State Hillary Clinton said some travel and financial restrictions would be relaxed, with Burmese leaders allowed to visit the US.
| + | 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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| - | European Union leaders had said earlier on Wednesday that they would consider taking similar steps.
| + | 1. Responsible for processing of all contracts through closing. |
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| - | The news follows by-elections in Burma on Sunday in which pro-democracy leader Aung San Suu Kyi's party secured a landslide win.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
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| - | The National League for Democracy (NLD) took 43 out of 45 seats up for grabs in the polls, which were generally deemed to be free and fair.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
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| - | Mrs Clinton, who paid a visit to Burma last year, praised President Thein Sein's "leadership and courage".
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
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| - | "We fully recognise and embrace the progress that has taken place and we will continue our policy of engagement," she said.
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
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| - | Under the moves, the US will name an ambassador to Burma and establish an office for its Agency for International Development in the country.
| + | 6. Frees the agent client up to focus on business building activities. |
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| - | The US would also begin "targeted easing" of the ban on US financial services and investment in Burma, she said without giving further details.
| + | 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: |
| - | Continue reading the main story
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| - | Analysis
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| - | image of Rachel Harvey Rachel Harvey BBC South East Asia Correspondent
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| - | The recent by-elections are being hailed as an important step in Burma's transition from decades of authoritarian military rule towards a more open, democratic and representative system. But it is a transition fraught with difficulties. | + | 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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| - | Aung San Suu Kyi will feel that the risk she took in deciding to participate in the elections has been vindicated by the scale of her party's success.
| + | 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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| - | But the real test will be to see how effective she is able to be as an agent for change within parliament.
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| - | Harvey: What now after poll landslide?
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| - | Administration officials said agriculture, tourism, telecommunications and banking would be among the economic sectors to be considered for the relaxation of sanctions.
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| - | Mrs Clinton said that sanctions would remain in place "on individuals and institutions that remain on the wrong side of these historic reform efforts".
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| - | The US eased some sanctions on Burma in February.
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| - | Political prisoners
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| - | The US move came hours after Asian leaders meeting for a regional summit issued a formal call for sanctions against Burma to be lifted immediately to help the country's political and economic development.
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| - | Speaking in London, British Foreign Secretary William Hague said EU members would probably be willing to lift some of their sanctions on Burma.
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| - | "That does not mean an instant and complete opening up of trade with Burma," he added.
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| - | Mr Hague said he would keep up pressure on Burma to free political prisoners.
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| - | The Chinese foreign ministry welcomed the Western moves to relax sanctions on Burma, and called for all restrictions to be lifted.
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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:
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.
