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| - | Zach Hendrick, a native of Dexter, Missouri, was recently selected for an with the Brickhouse Grill, a New Orleans-inspired eatery located in Jonesboro, Arkansas
| + | What Is a Transaction Coordinator? |
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| - | A senior at Arkansas State University, Zachas internship can tell you the Spring semester, and represents one last step in finishing his Bacheloras Degree in Public Areas Relations. | + | 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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| - | Established in 2007 by Louisiana transplant Dan Johnson, the Brickhouse Grill has been offering up Cajun style food in an unbeatable atmosphere. Operating out of the Entertainment District and Arts of Jonesboro, this hip eatery includes amazing food, live music and top-notch entertainment. The Brickhouse Grill is located 218 S. Main Street, and has played has played an integral role in the efforts to revitalize the downtown area,
| + | 1. Responsible for processing of all contracts through closing. |
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| - | Included in his just work at the Brickhouse Grill, Zach hopes to increase the existing marketing strategy by focusing on social networking campaigns. Despite itsa recognition, this hip eatery hasnat capitalized on all paths of social networking advertising, an area Zach hopes to improve along with his efforts. He also plans to revamp the looks of both site and selection. When asked about his internship objectives, Zack said, "I aspire to increase sales and reinforce the Brickhouse Grill name. That is my goal."
| + | 2. Coordinating appointments for inspections, appraisals, and closing. |
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| - | Zachas internship, part of his Public Relations Practicum type, will soon be monitored by Dr. Gil Fowler. Zachas progress will be reviewed by dr. Fowler, and Zachas class time will be utilized to fine tune his skills and knowledge base as he completes his program.
| + | 3. Effectively communicates with clients, customers, other agents, lenders, title agents and other service providers throughout the process. |
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| - | Now 21, Zach could be the son of companies Alan and Tracy Hedrick. He was raised and born in Dexter, Missouri and started his academic career at Arkansas State University in nov 2009. Though originally he in the pipeline to study Political Science, he changed his major to Public Relations all through his second year. Zach has thoroughly enjoyed his time in the ASU College of Communications, and looks forward to employing his education in his future efforts.
| + | 4. Responsible for proper documentation of the file to comply with brokerage policies. |
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| - | Zack is eagerly anticipating his university on May possibly 11, 2013, and understands as his professional career is begun by him that his knowledge and time with the Brickhouse Grill may serve him well. [No data available in table]
| + | 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.
