Transaction Coordinator

Posted 3 Days Ago
Be an Early Applicant
New York City, NY, USA
In-Office
29-32 Hourly
Junior
Real Estate • Software • PropTech
At Compass, our mission is to help everyone find their place in the world.
The Role
Manage compliance and administrative aspects of real estate transactions from contract/listing to close. Track deadlines, prepare documents, validate compliance and commission records, provide agent support on payouts and deductions, and coordinate with lenders, attorneys, and title companies to ensure smooth closings.
Summary Generated by Built In

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients.

The Transaction Coordinator role involves collaborating within our team to manage all compliance and administrative aspects of the listings, transaction, and commission process. Daily Agent interaction is a key part of this crucial operational role.

The support our Transaction Coordinators provide allows our Agents to focus on building client relationships and developing their businesses. Our team provides comprehensive support and acts as the central point of contact for all relevant stakeholders, ensuring a smooth closing process. From document preparation and deadline tracking, regular updates for all parties to a transaction and submitting deals for payout,  your goal is to facilitate the process for Agents and clients at every stage. You will also collaborate closely with local lenders, attorneys, and title companies, utilizing your extensive experience and strong industry contacts for each contract you process.

*This position is required to work out of the Compass office located at 110 5th Avenue one day, every other week, and expected to visit other New York/CT offices occasionally for special events if needed. Compass values in-person connection. While this department is currently working within a hybrid attendance policy, we ask employees to prioritize visiting local offices where they may find value in connecting with their colleagues and customers in person more regularly. You will be expected to comply with your department’s schedule, as outlined by your hiring manager. Please note that the department's current policy is subject to change in the future. 

At Compass You Will: 

  • Handle document tracking for a large volume of real estate transactions from listing to close, and/or contract to close, ensuring compliance with brokerage and legal requirements
  • Ensure real estate contracts are processed properly and in a timely matter, with a focus on the details
  • Manage and track contract deadlines to ensure all timelines are met
  • Navigate company systems to validate accuracy of compliance and commission records
  • Provide support to Agents in response to inquiries regarding commission payouts, deductions, and commission calculations
  • Collaborate with sales managers and other support teams to offer outstanding support to the agents

What We Are Looking For:

  • 2+ years of experience in a real estate transaction-processings function, coordination, accounting, or payroll function preferred
  • New York or Connecticut real estate license required
  • Familiarity with standard real estate forms used in New York State (New York City / Long Island / The Hamptons / Westchester) and Connecticut
  • Strong written, quantitative, verbal, and presentation skills
  • Ability to digest detailed contracts and make informed decisions based on content
  • Ability to maintain strict confidentiality of Agent’s contract data
  • Work independently and collaboratively in a team environment
  • Customer service-oriented personality
  • Impeccable attention to detail and problem-solving skills
  • B.A. or B.S. degree preferred

Compensation:

The base pay range for this position is $29.00 - $32.00/hr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. Bonuses and restricted stock units may be provided as part of the compensation package, in addition to a full range of benefits. Base pay is based on market location. Minimum wage for the position will always be met.

Perks that You Need to Know About:

Participation in our incentive programs (which may include eligible cash, equity, or commissions). Plus paid vacation, holidays, sick time, parental leave, and recharge leave; medical, tele-health, dental and vision benefits; 401(k) plan; flexible spending accounts (FSAs); commuter program; life and disability insurance; Maven (a support system for new parents); Carrot (fertility benefits); UrbanSitter (caregiver referral network); Employee Assistance Program; and pet insurance.

 
Do your best work, be your authentic self.
At Compass, we believe that everyone deserves to find their place in the world — a place where they feel like they belong, where they can be their authentic selves, where they can thrive.  Our collaborative, energetic culture is grounded in our Compass Entrepreneurship Principles and our commitment to diversity, equity, inclusion, growth and mobility. As an equal opportunity employer, we offer competitive compensation packages, robust benefits and professional growth opportunities aimed at helping to improve our employees' lives and careers.

Notice for California Applicants

Los Angeles County Fair Chance Notice

Skills Required

  • 2+ years of experience in real estate transaction-processing, coordination, accounting, or payroll function
  • New York or Connecticut real estate license
  • Familiarity with standard real estate forms used in New York State and Connecticut
  • Strong written, quantitative, verbal, and presentation skills
  • Ability to digest detailed contracts and make informed decisions based on content
  • Ability to maintain strict confidentiality of agent contract data
  • Ability to work independently and collaboratively in a team environment
  • Customer service-oriented personality
  • Impeccable attention to detail and problem-solving skills
  • B.A. or B.S. degree

Compass Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Compass and has not been reviewed or approved by Compass.

  • Healthcare Strength Medical, dental, and vision coverage are described as comprehensive, with some noting fully paid dependent coverage and solid plan options. Wellness resources and assistance programs further support overall health needs.
  • Parental & Family Support Paid parental leave is characterized as generous for both birthing and non-birthing parents, supporting time at home. Company policies also reference family medical leave.
  • Retirement Support A 401(k) with company match alongside an employee stock purchase plan and equity grants adds long-term financial value. These elements broaden total rewards beyond base pay.

Compass Insights

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The Company
HQ: New York, NY
4,000 Employees
Year Founded: 2012

What We Do

A real estate company with a purpose; we are building the first modern real estate platform, pairing the industry’s top talent with technology to make the search and sell experience intelligent and seamless.

Why Work With Us

We are a tech company reinventing the space. To lead the industry requires the smartest tools built by the brightest minds across engineering, design, and strategy. Through our proprietary platform, Compass is changing how agents and clients navigate the process of finding or selling a home. Join our team today!

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