From Wikimochis
(Difference between revisions)
|
|
| (2104 intermediate revisions not shown) |
| Line 1: |
Line 1: |
| - | If you've lately become unemployed, you may be eligible for the Consolidated Omnibus Budget Reconciliation Act of 1985, or COBRA, that allows you to keep your health insurance after becoming unemployed. It's also possible to be eligible for the services made available from the Health...
| + | What Is a Transaction Coordinator? |
| | | | |
| - | While group health insurance is great, there are several methods to obtain inexpensive health insurance in Michigan if you are struggling to obtain it via an employer-sponsored group health insurance program.
| + | 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: |
| | | | |
| - | You could be qualified to receive the Consolidated Omnibus Budget Reconciliation Act of 1985, or COBRA, allowing your health insurance to be continued by you after becoming unemployed, if you have recently become unemployed. You may also qualify for the services offered by the Insurance Portability and Accountability Act, or HIPAA. Other possible affordable health insurance alternatives in Michigan include insurance conversion, Medicaid, Medicare, and state-sponsored health care plans which focus on low-income people, children, and families, or those who can not otherwise afford a health insurance policy.
| + | 1. Responsible for processing of all contracts through closing. |
| | | | |
| - | Yet, if none of these options are available to you, you may need to obtain an individual medical insurance plan. However, in Michigan, you can attempted to purchase an affordable individual health insurance policy and never having to worry about being turned down due to pre-existing health problems you may have. The sole agreement to this is that you must obtain your individual medical health insurance program with Blue Cross Blue Shield of Michigan.
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
| | | | |
| - | Exactly why is this agreement worth taking? As it is difficult for those who have pre-existing health conditions to buy individual health plans. Health insurance companies sometimes will not provide individual health insurance policies to the people because the companies feel they're too high-risk, meaning, they're likely to be spending plenty of money on them. This is a sad, but true, incidence.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
| | | | |
| - | Do not let the costs of individual health plans keep you from purchasing one, particularly when you have a health issue that requires frequent care, treatment, and treatment. In Michigan, affordable health insurance can be obtained by you. Contact the Michigan Office of Financial and Insurance Services to learn more about getting a reasonable individual health insurance policy through Blue Cross Blue Shield of Michigan. If you have lately become unemployed, you could be qualified to receive the Consolidated Omnibus Budget Reconciliation Act of 1985, or COBRA, which allows you to carry on your health insurance after becoming unemployed. You may even be eligible for the services made available from the Health...
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
| | | | |
| - | While group health insurance is ideal, there are many approaches to obtain affordable health insurance in Michigan if you are struggling to obtain it through an employer-sponsored group health insurance program.
| + | 5. Assures that all post-closing disbursements, filing, and procedures take place. |
| | | | |
| - | If you've lately become unemployed, you may be eligible for the Consolidated Omnibus Budget Reconciliation Act of 1985, or COBRA, which allows your health insurance to be continued by you after becoming unemployed. You may also qualify for the services provided by the Insurance Portability and Accountability Act, or HIPAA. Other possible affordable health insurance choices in Michigan include insurance conversion, Medicaid, Medicare, and state-sponsored health care programs which concentrate on low-income people, kids, and families, or a health insurance policy can't be otherwise afforded by those who.
| + | 6. Frees the agent client up to focus on business building activities. |
| | | | |
| - | Yet, if none of these alternatives can be found to you, you might have to obtain a person health insurance plan. However, in Michigan, you can attempted to buy a reasonable individual health insurance coverage and never having to concern yourself with being refused because of pre-existing health problems you might have. The only agreement for this is that you need to buy your own medical insurance plan with Blue Cross Blue Shield of Michigan.
| + | 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: |
| | | | |
| - | Why is this stipulation worth taking? As it is hard for people with pre-existing health conditions to purchase individual health insurance plans. Health insurance companies often refuse to provide individual health insurance plans to individuals since the companies feel they are too high-risk, meaning, they are going to be spending a lot of money to them. This can be a sad, but true, incident.
| + | 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. |
| | | | |
| - | Don't allow prices of individual health insurance policies keep you from buying one, particularly if you have a health issue that needs normal care, treatment, and treatment. In Michigan, affordable health insurance can be obtained by you. Contact the Michigan Office of Insurance and Financial Services to find out more about buying an affordable individual health insurance policy through Blue Cross Blue Shield of Michigan.
| + | 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. |
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.
