the "SLA" Difference!
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Aspect | Experienced TC | Inexperienced TC |
---|---|---|
Broker Platform Knowledge | An experienced TC is highly proficient in using broker platforms such as NRT, Workplace, Command, PropertyBase, etc., enabling efficient transaction management across multiple systems. | An inexperienced TC may have limited knowledge of broker platforms, causing delays in processing and complications in managing transactions. |
Compliance Knowledge | An experienced TC understands state and broker-specific compliance requirements, ensuring transactions adhere to regulations and avoiding potential legal issues. | An inexperienced TC may lack knowledge of state compliance and broker-specific rules, leading to errors or missed deadlines. |
Industry Platform Knowledge | Familiar with industry platforms like Follow-Up Boss, Ixact Contact, Realty Juggler, Dot Loop, and DocuSign, providing seamless integration and communication across different tools. | Limited knowledge of real estate tools, reducing efficiency and creating communication gaps. |
Privacy & Confidentiality | Values privacy and confidentiality, ensuring sensitive information is protected throughout the transaction process. | May inadvertently violate confidentiality, which can lead to legal risks and undermine client trust. |
Curiosity & Attention to Detail | Asks “why” to gain deeper understanding, catching potential issues early and ensuring no details are overlooked. | May miss critical details by not asking the right questions, leading to errors or omissions in the process. |
Proactive Approach | Anticipates needs, moves forward proactively, and helps agents by addressing issues before they arise. | Waits for direction from the agent, lacking initiative and causing delays. |
Task Management | Checks that all parties are on track with specific, detailed questions and reminders, ensuring all tasks are completed on time. | May assume tasks are on track without confirmation, or ask vague questions that lack actionable clarity. |
Knowledge of State Requirements | Knows state-specific requirements and collaborates effectively with agents to ensure compliance and smooth transaction management. | Relies on agents to guide them on state requirements, leading to potential errors and confusion. |
Process & Organization | Has structured processes and systems to stay organized and efficient, ensuring all tasks are tracked and completed on time. | Lacks set processes, which leads to disorganization and missed tasks. |
Timeline Awareness | Manages tasks with a focus on timelines, preventing delays and ensuring every milestone is met according to the schedule. | May neglect important deadlines and milestones, causing delays and missed opportunities. |
Contract Knowledge | Has in-depth understanding of contracts and their terms, ensuring every detail is accurately handled. | Limited knowledge of contract terms, which can result in errors and potential legal complications. |
Prioritization & Task Juggling | Skilled at prioritizing tasks, balancing urgent needs with less pressing tasks, and juggling deadlines effectively. | Completes tasks based on immediate pressure or recent requests, neglecting important but less urgent tasks. |
Specialized Knowledge (VA/FHA condos) | Knows where to find VA/FHA-approved condos and ensures clients are informed about this specialized area. | May not be familiar with VA/FHA-approved condos, potentially missing opportunities for clients. |
Email Management | Reads every email to identify actionable items and ensures responses are timely and thorough. | May scan emails without taking necessary actions, leading to missed tasks or delayed responses. |
Third-Party Coordination | Gives third parties such as lenders and title companies enough time to respond to requests, ensuring smooth coordination. | May push for immediate responses from third parties, creating tension and delaying results. |
Ownership & Accountability | Takes ownership of tasks, proactively correcting mistakes and focusing on solutions when things don’t go as planned. | Tends to blame others for issues without taking corrective action, leading to unresolved problems. |
Service Specialization | Specializes in transaction-related tasks, ensuring high-level service and efficiency for every transaction. | Attempts to handle everything, leading to a lack of expertise in any one area and reducing service quality. |
Partnering for Best Practices | Collaborates with agents to minimize liability and enhance clients’ experience through best practices and proactive communication. | Unaware of how practices affect agents’ long-term business and may overlook key details in maintaining professionalism. |
Handling Third-Party Issues | Has extensive experience managing third-party relationships, identifying issues early, and resolving them before they escalate. | Lacks experience managing third-party issues, often unsure how to address or resolve problems that arise. |
Innovation
Fresh, creative solutions.
Integrity
Honesty and transparency.
Excellence
Exceptional service.
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