licensed coordinators: Agent's Responsibilities When Working with a Coordinator - 10/27/10 01:17 PM
I have had several Transaction Coordinators (TC's) who attended my classes want clarification on agent responsibilities during a transaction.
It really depends on what the TC and agent needs are. If a TC is working for ONE agent and receiving a salary, they may be more willing to add on extra tasks to the job description agreement.
If a TC is working for multiple agents on a per transaction fee basis, then it's important for the TC to set limits on activities so she can be productive and fair to everyone!
First, let's discuss the differences between a licensed an unlicensed … (4 comments)
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licensed coordinators: What's the difference between licensed and unlicensed Transaction Coordinators? - 12/10/07 02:31 PM
Not much! I'm going to give you a general rule we use in our office.
Coordinators (licensed and unlicensed) can do everything except explain contracts and negotiate terms.
For those of you not in the know, a Transaction Coordinator is someone who is hired by the broker or agent to manage a pending sale transaction. This individual organizes the file, tracks contracts, reminds team members when contractual obligations are due, etc. A good Transaction Coordinator is knowledgeable on contracts, state/county/city requirements and an excellent problem solver!
Let's say you have a Coordinator and you ask her to meet with your clients and help … (13 comments)
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