How to recruit a real estate transaction coordinator Proficient with technology such as E-signatures, document storage, email, and CRM.Motivated to provide excellent customer service for our clients.Ability to stay highly organized under pressure and deadlines.A proactive communicator with excellent written and verbal communication skills.Prior experience in transaction coordination, real estate, titles, or mortgages preferred.Add all client information into the client database, submit all necessary documentation to the office broker for file compliance. ![]() Communicate regularly with the client to send them reminders, check-in, and let them know what to expect in each step of the closing process.Follow up with individuals as needed to ensure all deadlines are met and contingencies are released Maintain accurate and compliant files for all transactions.Create office procedures and timelines to effectively manage the administrative tasks involved in closing a sale.Act as liaison between real estate agents, clients, title companies, and mortgage brokers during the process of a real estate transaction.Oversee all administrative aspects of buyer and seller transactions from executed purchase agreement to closing.Your mission, should you accept it, is to manage the transactions for a successful, growing team that is on track to close 80 transactions this year. We are seeking a real estate transaction coordinator who thrives in a dynamic, fast-paced team environment. Sample Real estate transaction coordinator job description Overviewĭo you consider yourself to be a self-starter, yet desire to be part of a supportive, highly driven team? Do you take pride in your ability to stay organized in the midst of chaos? Refer to the National Association of Realtors for the restrictions on unlicensed coordinators in your state. Other states disallow anyone without a license to access the MLS system. While you will likely pay a higher salary or hourly rate for a licensed TC, you may regain that in value if you can delegate more complex work.įor example, in the state of Florida, several duties are off-limits for non-licensed coordinators including discussing or explaining a contract, listing, lease agreement, or any other document with anyone outside of their office. The duties transaction coordinators are able to perform legally vary from state to state. It’s also important to consider whether you need a licensed or unlicensed transaction coordinator. Does a real estate transaction coordinator need to be licensed? Since the cost of living can vary widely from state to state, It’s a good idea to do a more specific search to determine the going rate for a transaction coordinator’s salary in your local area. ![]() What’s the average real estate transaction coordinator’s salary?Īccording to Glassdoor in 2022, real estate transaction coordinator salary in the United States can range from $45,000 to $60,000 per year with the median salary coming in at $49,000. ![]() Hiring and training new employees can be costly, which is why it’s critical that you find the right person, with the right qualifications, who is a good fit for you and your team.īefore getting started with the hiring process, you need to prepare a least a few things a budget and a job description. Hiring for any role on a team is a big deal and shouldn't be taken lightly. If you're still not sure, start by assessing whether or not you need a transaction coordinator. You’ve decided it’s time to bite the bullet and hire a transaction coordinator to help scale your real estate business.
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