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-	Vehicle technology has really developed in several ways as you think. Before, power windows and locks are probably the most high-class features of any car. But these days, technology and the men associated with it did not failed to stand out and give us more ease and comfort to our driving experience.	+	What Is a Transaction Coordinator?
-	One characteristic that was accepted by modern cars is the remote keyless entry. It enables you to open and lock your car by merely hitting a control button on a given remote device. The first push will close up the door of the driver while pushing 2 times will close up the other doors.	+	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:
-	For people who want to get the best from their car but are unable to find the money for to buy new and modern ones, you can improve the functionality of your car by setting up turbochargers like Borg Warner Turbo in it. This boosts the electrical power of your engine and spend less on gas intake at the same time. Just be sure to pick out a turbocharger that will match your engine.	+	1. Responsible for processing of all contracts through closing.
-	To boost more defense, you can bring airbags in the side of your auto. Normally, automobiles have a minimum of 3 feet space of protection in the front and back location and do not have any protection on the side portion. When the car is shoved away, your entire body will move in a front and backward path. Nevertheless, provided that your head is not covered by the seatbelt, there is a significant chance that it will go laterally and strike the side windows. For that reason, inserting side airbags will guard your head when worst comes to worst.	+	2. Coordinating appointments for inspections, appraisals, and closing.
-	Some companies of new cars these days are also now supplying road service as part of their car warranty agreements. You could also apply on membership plans on AAA and CAA which are inexpensive as a result of travel discount rates it provides you as a member. So when you have a flat tire, dead battery, or a damaged engine, aid is in the process straight away.	+	3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process.
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		+	4. Responsible for proper documentation of the file to comply with brokerage policies.
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		+	5. Assures that all post-closing disbursements, filing, and procedures take place.
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		+	6. Frees the agent client up to focus on business building activities.
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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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		+	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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		+	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.