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Maymont Homes
Charleston, SC | Full Time
$39k-48k (estimate)
1 Month Ago
Real Estate Transaction Coordinator
Maymont Homes Charleston, SC
$39k-48k (estimate)
Full Time 1 Month Ago
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Maymont Homes is Hiring a Real Estate Transaction Coordinator Near Charleston, SC

Job Description

Position: Transaction Coordinator

Location: Onsite in Charleston, SC

Primary Responsibilities:

Facilitate the acquisition and disposition of Single Family Residential (SFR) rental homes on behalf of a private equity Real Estate Investment Trust (REIT) and Domestic LPs. The Transaction Coordinator will be responsible to work closely with senior management assuming the responsibilities of pending transactions to include but not limited to auditing and verifying contract information, engaging real estate agents and closing companies. In addition, the Transaction Coordinator will ensure contingencies and deadlines are met, obtain signatures, and collect and distribute copies of closing documents to all parties. The Transaction Coordinator will act as a liaison between Investment Analysts, buyers and sellers, real estate agents, escrow officers, and attorneys to ensure compliance to contractual obligations. Daily responsibilities include auditing files while maintaining accountability for compliance from all parties, assist in coordinating wires with the Treasury department, auditing pre-close surveys, reviewing/approving, and signing closing documents. Additional responsibilities include maintaining compliance through gathering and auditing of post-closing documents. The Transaction Coordinator will assist the senior management with vendor management, areas of improvement for efficiencies, and special projects as warranted. The ideal candidate would have a passion for real estate, an analytical background, detail oriented, strong relationship building skills, self-starter, and a drive to excel. Candidate must be strong in communication and computer skills, along with the ability to work in a team environment. In addition, they would have formal education and/or experience in Finance, Economics, Accounting, Real Estate, Renovation, Residential Closings and/or Property Management.

Skills & Competencies:

· High School or equivalent (Required).

· Ability to reconcile and balance closing documents.

· Experience in monitoring pipeline and quality control management.

· Ability to use critical thinking and good judgment skills to clearly communicate and proactively address issues with internal and external parties.

· Familiarity with multiple electronic signing platforms.

· Real estate agent/broker license is a plus.

· Fair Housing certification is a plus.

· Experience as a title/escrow officer/closer and/or processor is recommended.

· Real estate paralegal experience is recommended.

· Required – obtain notary license within 6 months of start date.

· Intermediate knowledge of Word, Excel and PowerPoint; advanced preferred.

· Critical thinking and analytical skills.

· Team and cross-functional influence and communication.

· Time Management.

· Teamwork.

· Research and data collection.

· Goal-oriented.

· Self-motivated.

· Ability to exercise good judgement.

Essential Job Functions:

· Manage financial and contractual matters with closing companies and real estate agents.

· Managing expectations, concerns, and complaints while identifying points of improvement along with resolutions.

· Use effective time management, critical thinking, and good judgment to manage daily operations related to closings.

· Generate a monthly deficiency report of the closing companies and real estate agents performance.

· Work closely with the Investment, Asset Management and Treasury teams.

· Responsible for ensuring required funds are sent or received timely.

· Quality control and maintain all closing files, correspondence, and paperwork.

· Audit settlement statements for the terms of the purchase and sales agreement, CMS property card, along with federal & state laws.

· Manage a working pipeline and meet the target close dates.

· Meet established standards and guidelines with regards to compliance and maintaining up-to-date knowledge of internal policies and procedures.

· Proactively communicate with all parties on the coordination of the closing.

· Review, audit, and sign closing documents in association with closings.

· Collect and maintain required post-closing documentation.

· Optimize internal and external efficiencies, identify areas of improvement with technology.

· Train, coach, mentor and cross train new closers, analysts, associates or real estate agents as warranted.

· Audit and quality control deliverables as warranted.

· Identify areas or opportunities for growth or weakness for the Investment department and provide recommendations along with resolutions.

· Additional projects, assignments, and growth opportunities as assigned by supervisor.

Key Metrics & Responsibilities

· Monthly Closing Volume

· Feedback

Why work for Maymont Homes?

Our Mission – “We Positively Impact the Lives in the Communities We Serve”. We do this through the work we do and the volunteer efforts that the company sponsors. You can make a difference in your community while you work!

Outstanding benefits package – our benefits are provided by Brookfield and offer an immediate 5% match on the 401(k) plan, wellness credits that significantly reduce the employee cost for health care coverage, and up to 160 hours of PTO per year for full-time employees.

Huge parent company – support and backing from Brookfield Asset Management, one of the largest real estate asset management companies.

Career growth – with our plans for growth and expansion into new markets, there are many opportunities to move up within the company.

Equal Opportunity Employer

ADA Compliant

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee discount
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Paid time off
  • Parental leave
  • Professional development assistance
  • Referral program
  • Vision insurance

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday
  • Weekends as needed

Application Question(s):

  • How many years of real estate experience do you have?

Ability to Commute:

  • Charleston, SC 29403 (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$39k-48k (estimate)

POST DATE

04/07/2024

EXPIRATION DATE

06/06/2024

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The following is the career advancement route for Real Estate Transaction Coordinator positions, which can be used as a reference in future career path planning. As a Real Estate Transaction Coordinator, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Real Estate Transaction Coordinator. You can explore the career advancement for a Real Estate Transaction Coordinator below and select your interested title to get hiring information.

If you are interested in becoming a Real Estate Transaction Coordinator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Real Estate Transaction Coordinator for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Real Estate Transaction Coordinator job description and responsibilities

The transaction coordinator will lighten the agent’s load so they can spend more time with clients, sending real estate marketing mailers, and focus on getting additional transactions under contract.

03/11/2022: Cleveland, OH

All transactions coordinators should know how to use email, online search, text, and e-signature platforms for front-end and back-end office business.

03/02/2022: Sacramento, CA

The real estate transaction coordinator often works for the real estate agent on their behalf to help things move along with the real estate transaction.

03/25/2022: Queens Village, NY

The transaction coordinator often handles the administrative work of the real estate transaction.

04/05/2022: Petaluma, CA

A transaction coordinator will talk with all parties to gather signatures or to deliver documents.

03/25/2022: Billings, MT

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Real Estate Transaction Coordinator jobs

There are a multitude of tasks the transaction coordinator will tackle.

04/05/2022: Knoxville, TN

When a transaction coordinator has a license, they become familiar with the transactions process and disclosures.

01/24/2022: Dothan, AL

Learn the Basics of Real Estate Transaction Coordination.

02/03/2022: New Haven, CT

A skilled transaction coordinator has a meticulous eye for detail.

01/26/2022: Sarasota, FL

Becoming a transaction coordinator offers great flexibility.

02/27/2022: South Bend, IN

Step 3: View the best colleges and universities for Real Estate Transaction Coordinator.

College of the Atlantic
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