This question is designed to gauge your practical experience and familiarity with the entire lifecycle of real estate transactions. When answering, focus on specific tasks and responsibilities you have handled, such as coordinating with buyers, sellers, and agents, managing documentation, ensuring compliance with legal requirements, and facilitating communication among all parties involved. Provide concrete examples of how you have successfully managed transactions, highlighting any challenges you faced and how you overcame them. For instance, you might say:
"In my previous role, I managed over 50 real estate transactions from contract to closing. I was responsible for preparing and reviewing contracts, coordinating inspections and appraisals, and ensuring all documentation was completed accurately and on time. One particular challenge was a delayed appraisal that threatened to push back the closing date. I proactively communicated with all parties, arranged for an expedited appraisal, and successfully kept the transaction on track."
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