Question

Julia is a transaction coordinator in a transaction between client A and client B. Which of the following is not a duty that Julia will have?

A) Ensuring all required documents are properly completed and signed.
B) Negotiating the terms of the transaction on behalf of the clients.
C) Coordinating inspections and appraisals.
D) Facilitating communication between client A and client B.

Answer 1

Julia as a transaction coordinator will ensure documents are completed, coordinate inspections, and facilitate communication, but she will not negotiate the terms of the transaction.

Step-by-step explanation:

The student has asked about the duties of a transaction coordinator and which among the listed responsibilities is not one of their tasks. As a transaction coordinator, Julia's duties would typically include ensuring all required documents are properly completed and signed, coordinating inspections and appraisals, and facilitating communication between client A and client B. However, negotiating the terms of the transaction on behalf of the clients is not typically a duty of a transaction coordinator. That role is usually reserved for the clients themselves or their respective legal or real estate representation.