Our Transaction Coordinator job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Transaction Coordinator role
A Transaction Coordinator is responsible for facilitating real estate transactions, ensuring all parties are in agreement and that all documents are in compliance with state and federal regulations. They coordinate with lenders, title companies, escrow agents, and buyers and sellers to ensure the transaction is completed in a timely manner. They also review documents, prepare closing statements and coordinate closing dates.
Role Purpose
The purpose of a Transaction Coordinator is to provide administrative support to ensure that real estate transactions are successful and move smoothly from start to finish. This includes making sure all necessary documents are completed, coordinating inspections and appraisals, and communicating with buyers, sellers, lenders, and agents throughout the entire process. Transaction Coordinators also handle the coordination of the closing process, and ensure that all deadlines are met, paperwork is received and reviewed, and funds are disbursed correctly.
Transaction Coordinator Summary
The Transaction Coordinator is responsible for providing administrative and customer service support for the successful completion of real estate transactions. This individual will monitor and manage the transaction process from acceptance of the offer to closing, including working with agents, lenders, buyers, sellers, and title companies. Responsibilities include tracking documents, preparing forms, scheduling inspections and appraisals, and ensuring that all deadlines are met. This position requires excellent customer service and communication skills, as well as the ability to work independently in a fast-paced environment.
Transaction Coordinator Duties
- Manage all aspects of real estate transactions including contracts, negotiations and closing process
- Oversee communication between buyers, sellers and agents to ensure timely transaction completion
- Organize and maintain accurate records of all documents
- Ensure all parties are in compliance with state regulations and laws
- Assist clients with questions and concerns
Transaction Coordinator Skills
- Organizational skills
- Attention to detail
- Ability to follow instructions
- Knowledge of real estate laws and regulations
Transaction Coordinator Requirements
- Ability to facilitate and coordinate real estate transactions
- Knowledge of local, state and federal laws related to real estate
- Proficiency in Microsoft Office and real estate transaction software
- Excellent organizational and communication skills
Personal Traits
- Organizational skills
- Strong communication abilities
- Attention to detail