# 4.43 Transaction Coordinators & Auditors

The Company has approved one or more transaction coordinators (TC). A transaction coordinator can assume many roles. In this Company, the approved TC’s:

- Review all agreements and documents to determine if all signatures have been obtained.

- Calendar all dates in an escrow period.

- Monitor compliance with contractual requirements.

- Order inspections (depending on which TC is used).

- Originate Broker escrow files.

- Arrange for delivery of documents by mail or electronically.

- Interface with outside affiliates such as lenders, mortgage brokers, inspection companies, professional reporting companies, escrow companies and title companies.

- Reports deficiencies, delinquencies, or problems to the licensee, Manager and Broker.

A TC is required to be used in your transactions unless prior consent is given by the Manager or Broker for an Associate to originate and organize their own paperwork file. **You will be assessed a TC fee per transaction (by your TC of choice) generally in the amount of \$295-\$595, depending on which approved TC you choose to work with.** Each TC sets their rates. **In addition to the TC fee, a \$25-\$75 auditor fee, generally \$50 (depending on the type of transaction), is assessed on any closed escrow for the auditor to review the file and ensure all documents are in order.**