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Realtor assistant vs transaction coordinator

The differences between realtor assistants and transaction coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a realtor assistant, becoming a transaction coordinator takes usually requires 2-4 years. Additionally, a transaction coordinator has an average salary of $41,792, which is higher than the $39,771 average annual salary of a realtor assistant.

The top three skills for a realtor assistant include MLS, open houses and scheduling appointments. The most important skills for a transaction coordinator are customer service, MLS, and escrow companies.

Realtor assistant vs transaction coordinator overview

Realtor AssistantTransaction Coordinator
Yearly salary$39,771$41,792
Hourly rate$19.12$20.09
Growth rate-8%-3%
Number of jobs32,49516,804
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 54%
Average age5042
Years of experience24

Realtor assistant vs transaction coordinator salary

Realtor assistants and transaction coordinators have different pay scales, as shown below.

Realtor AssistantTransaction Coordinator
Average salary$39,771$41,792
Salary rangeBetween $29,000 And $53,000Between $30,000 And $57,000
Highest paying City-White Plains, NY
Highest paying state-New York
Best paying company-JPMorgan Chase & Co.
Best paying industry-Finance

Differences between realtor assistant and transaction coordinator education

There are a few differences between a realtor assistant and a transaction coordinator in terms of educational background:

Realtor AssistantTransaction Coordinator
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Pennsylvania

Realtor assistant vs transaction coordinator demographics

Here are the differences between realtor assistants' and transaction coordinators' demographics:

Realtor AssistantTransaction Coordinator
Average age5042
Gender ratioMale, 23.8% Female, 76.2%Male, 19.0% Female, 81.0%
Race ratioBlack or African American, 9.2% Unknown, 3.9% Hispanic or Latino, 16.0% Asian, 3.8% White, 66.4% American Indian and Alaska Native, 0.7%Black or African American, 9.7% Unknown, 4.3% Hispanic or Latino, 19.3% Asian, 6.8% White, 59.6% American Indian and Alaska Native, 0.4%
LGBT Percentage6%7%

Differences between realtor assistant and transaction coordinator duties and responsibilities

Realtor assistant example responsibilities.

  • Manage company's twitter account and communicate with multiple physical therapy providers around the country
  • Obtain information to perform BPO's, CMA's and inspection for REO properties.
  • Assist with open houses and marketing, uploading contracts in MLS and assisting clients in selling, buying and leases
  • Work on processing BPO's for a foreclosure team and handle all personal files/buyers.
  • Research property availability on MLS program.
  • Organize weekly office meetings and PowerPoint presentations.
  • Show more

Transaction coordinator example responsibilities.

  • Manage scheduling loans for closing, handle insurance review, verify wire transfer, register and transfer loans with MERS.
  • Manage and coordinate the workload of the release team members and are responsible for organizing and hosting all production release windows.
  • Ensure all documents are completed and in accordance with DRE standards.
  • Review and explain HUD with borrowers and loan officers prior to closing.
  • Verify that DRE disclosures requirements on all documents have been send on time.
  • Coordinate closing - arrange closing date/time, order escrow check if need, review HUD.
  • Show more

Realtor assistant vs transaction coordinator skills

Common realtor assistant skills
  • MLS, 20%
  • Open Houses, 16%
  • Scheduling Appointments, 11%
  • Sales Contracts, 8%
  • Escrow, 5%
  • RAN, 3%
Common transaction coordinator skills
  • Customer Service, 23%
  • MLS, 14%
  • Escrow Companies, 7%
  • PowerPoint, 6%
  • Real Estate Transactions, 6%
  • Data Entry, 5%

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