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Fundamentals of Transaction Coordination

What is This?
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Fundamentals of Transaction Coordination is a 5 ½-hour, live-lecture course providing real estate professionals with a full understanding of the real estate transaction.


Definition of a Transaction Coordinator:
A person who assist the agent and broker in the processing of the real estate file. Gathering all information, paperwork, and following up of the contractual items. Putting together the final Broker file of the real estate transaction.

This course is designed to help close a transaction properly every time.

Registration: To register for a live lecture of LearnMyWay webinar course, visit the C.A.R. Education Calendar.

How you will benefit from taking this course:

  • Locate important information in the California Residential Purchase Agreement and Join Escrow
  • Instructions form (RPA-CA)
  • Learn how to set-up timelines for contractual obligations and contingency removals
  • Identify what paperwork is required from each party
  • Recognize which disclosures are required
  • Identify the role escrow plays in the transaction
  • Understand how to complete the documentation required in order to submit a completed file
  • Discover how escrow and the lending process work together to close the transaction
  • Learn how to be an effective Transaction Coordinator

Materials Provided:
A comprehensive workbook, which includes the presentation, sample letters, and samples of C.A.R. Standard Forms.

What this course covers:

  • The goals of a Transaction Coordinator 
  • The duties of a Transaction Coordinator
  • What a Transaction Coordinator should know
  • The residential purchase contract
  • Contingencies
  • Disclosures
  • Processes
  • Systems
  • Process timelines
  • Escrow
  • Lending process
  • Getting your agent paid
  • How to be an efficient Transaction Coordinator

Instructor:
Wendi Molina

Who Should Attend:
Agents or non-licensed assistants who want to understand the process of the real estate transaction.

What Past Attendees are Saying:

"I think that class should be recommended to EVERY new agent. It was very obvious that Wendy knows her job like the back of her hand and the fact that she is able to convey her knowledge in an understandable fashion was wonderful. I've been the TC in my office for about a year now and I've just been working down my checklist and making sure that everything on my checklist is in the file. After this class, I feel like I have a VERY firm grasp on why those things on my checklist are required and when. Now I'm all gung-ho about my files and have the confidence to by the TC with the Iron Fist!

I've been telling anyone in my office who will stop long enough to listen to me about how wonderful this class was and how useful the class was. What I've heard back from some of our newer agents is that they feel the same way that I felt before taking this class - that the contract was something that was big and overwhelming and that without the checklists, you wouldn't stand a chance! This is what made me realize that new agents would benefit from this class.

I'm keeping this class on my radar and we'll have a bigger showing from this office next time the class comes up!"

- Kesha Toler, Office Manager at Patterson Realty  


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