Certified Transaction Coordinator (CTC)

Listings

To assist sellers in completing all seller disclosures, a transaction Coordinator should have a thorough understanding of the required disclosures and the legal obligations surrounding them. This may include disclosures related to the property’s condition, potential hazards, and any known defects. The professional should work closely with the seller to ensure that all required disclosures are accurately completed and submitted in a timely manner.

Before opening escrow, the Transaction Coordinator should ensure that all necessary
pre-escrow tasks have been completed by necessary parties. This may include
reviewing listing agreements, setting up the escrow account, and preparing the
necessary documentation for the sale.

Ordering the natural hazard disclosure report is an important step in the transaction process. This report provides information on any natural hazards that may impact the property, such as flood zones or earthquake fault lines. The Transaction Coordinator should ensure that the report is obtained and reviewed as early as possible to avoid any delays in the transaction.