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Real Estate Transaction Coordinator

Real Estate Transaction Coordinator Real Estate Transaction Coordinator Real Estate Transaction Coordinator
Pricing

Real Estate Transaction Coordinator

Real Estate Transaction Coordinator Real Estate Transaction Coordinator Real Estate Transaction Coordinator
Pricing

Jen McDonald, Licensed Real Estate Transaction Coordinator (TC) With 28 years of Real Estate support experience with the past 8 years in the East Lake Norman, NC Market

  

Jen is a Top Producing Transaction Coordinator who manages an average of 150 transactions a year with a bachelor's in legal studies from Nova SE University.  She is a professional who manages the administrative and logistical aspects of a real estate transaction, ensuring that the process runs smoothly from the moment a property goes under contract to the final closing. She acts as a support system for real estate agents, brokers, or teams, handling the detailed paperwork, deadlines, and communication required to complete a sale or purchase. Think of her as the "project manager" of your real estate deal, keeping everything organized and on track so the agent can focus on client relationships and securing more business.

Key Responsibilities

Jen's Transaction Coordinator’s role varies depending on the market, team, or specific transaction, but her core duties typically include:


Documentation Management:

  • Preparing, reviewing, and organizing all necessary paperwork, such as purchase agreements, disclosures, addendums, and closing documents.
  • Ensuring all documents are complete, accurate, and compliant with local real estate laws and regulations.

Timeline Coordination:

  • Tracking critical deadlines, like inspection periods, appraisal dates, loan contingencies, and closing dates.
  • Sending reminders to all parties (agents, clients, lenders, title companies) to keep the transaction on schedule.

Liaison Between Parties:

  • Communicating with buyers, sellers, agents, closing attorneys, lenders, inspectors, and title companies to facilitate information flow.
  • Resolving minor issues or escalating problems (e.g., missing signatures, delays...) to the appropriate party.

Compliance and Audits:

  • Verifying that all documents meet legal and brokerage requirements.
  • Maintaining transaction files for audits or future reference.
  • Inputting and updating all MLS Listing data and ensuring listings meet MLS rules.

Closing Preparation:

  • Coordinating with lender and closing attorneys to finalize closing statements and ensure funds are properly transferred.
  • Scheduling the closing appointment and preparing the agent or client with what to expect.

Technology Utilization:

  • Using real estate software and MLS systems (e.g., CRMs like Follow Up Boss or transaction management platforms like Dotloop) to streamline processes, track progress, and store records digitally.


Why is Jen WORTH IT! 

Real estate transactions involve a complex web of steps—typically 100+ tasks per deal—each with potential pitfalls like missed deadlines or incomplete forms that can derail the process. A Transaction Coordinator reduces the administrative burden on agents, minimizes errors, and enhances client satisfaction by ensuring a seamless experience. For example, if an inspection report is delayed, the Transaction Coordinator might negotiate a Due Diligence extension with the seller’s side, keeping the deal alive without the agent needing to step in.


Who Jen Works For

  • Solo Agents: Many independent realtors hire Transaction Coordinators to free up time for prospecting and client meetings.
  • Teams or Brokerages: Larger organizations often employ in-house Transaction Coordinators to handle multiple transactions simultaneously.
  • Freelance/Remote TCs: Some Transaction Coordinators operate as independent contractors, serving multiple clients on a per-transaction basis.


Skills and Qualifications

  • Attention to Detail: Precision is critical when handling legal documents and deadlines.
  • Organizational Skills: Juggling multiple transactions requires strong time management.
  • Communication: Needs to be clear and professional with all parties involved.
  • Real Estate Knowledge: Familiarity with terminology (e.g. contingencies, earnest money...) and local regulations is essential to a smooth closing for all parties.
  • Licensing: In North Carolina, Transaction Coordinators must hold a real estate license. Because of this requirement a transaction coordinator can negotiate or advise on the deal itself.


In Summary

Jen is the behind-the-scenes backbone of a successful deal, bridging the gap between contract acceptance and closing. I can help you save time, reduce stress, and ensure compliance. This makes me invaluable for busy agents or teams looking to scale their company. If you’re in real estate, hiring me could be a game-changer for efficiency—especially when paired with a CRM like Lofty, kvCORE, Follow up Boss, Top Producer or Salesforce to automate parts of the process! Let me know if you’d like more details about their role or how they integrate with CRMs.

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