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| - | The chairman of a meeting of Eurozone finance ministers says fresh conditions will be attached to a 130bn euro ($170bn; �110bn) bailout for Greece.
| + | What Is a Transaction Coordinator? |
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| - | Jean-Claude Juncker said an extra 325 million euros ($432m; �273m) in savings for 2012 will be needed.
| + | 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 Greek parliament will also have to pass the package of cuts and reforms on Sunday.
| + | 1. Responsible for processing of all contracts through closing. |
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| - | And political leaders will have to promise to continue to implement the reforms after elections in April.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
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| - | "Despite the important progress achieved over the last days, we did not yet have all necessary elements on the table to take decisions today," Mr Juncker, the Luxembourg prime minister, said.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
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| - | "All these measures are important to ensure a smooth implementation of the programme also after the upcoming general elections.
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
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| - | "These three elements, those I mentioned, need to be in place before we can take decisions," Mr Juncker added.
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
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| - | He further welcomed "assurances provided by the Greek government that all the necessary elements will be put in place in the coming days," Reuters reports.
| + | 6. Frees the agent client up to focus on business building activities. |
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| - | == 2hdIHhR 8ofAA5H 5avQJxq ==
| + | 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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| + | 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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| - | == But the girl did not ==
| + | 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 05:35, 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.
