Bighornlaw
Real Estate Transaction Coordinator
Bighornlaw, Washington, District of Columbia, us, 20022
Keller Williams Capital Properties • Washington D.C., DC, US
Posted 3 years ago
Description
We are searching for a transaction coordinator to assist our real estate team. You’ll manage all administrative aspects of the transaction from contract to close, including providing assistance with escrow-related documentation, scheduling inspections and repairs, and acquiring seller approval for offers and counteroffers. The ideal candidate will have excellent communication skills and love working with people. If you’re looking for a place to advance your real estate career, start your application today!
Responsibilities
Provide exceptional customer service throughout the entire closing process
Act as liaison between real estate agents, clients, attorneys, escrow companies, and mortgage brokers during the process of a real estate sale and effectively manage the administrative tasks involved in closing a sale
Create timelines and 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 a house file (either in DocuSign or physical) for all transactions
Ensure all parties get paid in a timely fashion through compliance
Understand the contracts in order to summarize all important terms, conditions, and contingency dates
Communicate with the agent several times throughout the transaction including all important dates, missing documents, calendar reminders, file compliance status, etc.
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
Establish relationships with all third parties including lenders, inspectors, appraisers, and all agents in order to ensure a smooth closing process and share relevant information
Draft any addenda needed along the way and keep a record of them on file and ensure they are shared with relevant parties
Be the first point of contact/resource for all questions that arise throughout the closing process from agent (and client, attorneys, lenders, appraisers, other transaction coordinators/Realtors, etc.)
Stay in good communication with the agent if any issues arise that they need to handle or negotiate
Coordinate closing date, time, and location and notify all parties
Notify client about utility accounts to set up/cancel
Draft a commission statement for our listings and verify commissions for our buyer side transactions prior to closing (along with utility and other pro rations)
Put together the closing file for the agent including any documents needing signatures/initials/dates, commission amount for the check to bring back, and any other documents needed from closing
Close out the file after the closing including changing the MLS status to closed for our listings, double-checking the file, making an electronic copy of the HUD, and processing the check. Add closed file to DocuSign
Follow up with clients after the sale to check in and request a testimonial
Enter client information into the client database system and submit appropriate documentation to the office broker for file compliance and keep track of transaction activity
Schedule home inspections and any necessary repairs, and assist in negotiations regarding repairs
Acquire seller approval for offers and counteroffers from buyers to complete the process in a timely manner
Help agents, customers, and other parties with all escrow paperwork, including appraisals, titles, and mortgage loans
Check each document to verify it has all the correct signatures and dates so the transaction process goes smoothly
Qualifications
Must have 6+ months of real estate experience
Background or knowledge of the real estate industry, transaction coordination, titles, and mortgages preferred
High school diploma or GED required, preferably some college experience
Candidates should be organized and able to communicate written and verbal information to clients accurately and clearly
Motivated to serve people and provide excellent customer service
Compensation
$50,000 - $65,000 yearly
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