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Working as a Transaction Coordinator

There is more than meets the eye when it comes to being a transaction coordinator. For example, did you know that they make an average of $17.77 an hour? That's $36,957 a year!

Between 2018 and 2028, the career is expected to grow 5% and produce 72,100 job opportunities across the U.S.

What Does a Transaction Coordinator Do

There are certain skills that many transaction coordinators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed math skills, communication skills and organizational skills.

When it comes to the most important skills required to be a transaction coordinator, we found that a lot of resumes listed 15.1% of transaction coordinators included customer service, while 12.5% of resumes included real estate, and 10.6% of resumes included email. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the transaction coordinator job title. But what industry to start with? Most transaction coordinators actually find jobs in the real estate and finance industries.

How To Become a Transaction Coordinator

If you're interested in becoming a transaction coordinator, one of the first things to consider is how much education you need. We've determined that 40.0% of transaction coordinators have a bachelor's degree. In terms of higher education levels, we found that 7.2% of transaction coordinators have master's degrees. Even though some transaction coordinators have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a transaction coordinator. When we researched the most common majors for a transaction coordinator, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on transaction coordinator resumes include associate degree degrees or master's degree degrees.

You may find that experience in other jobs will help you become a transaction coordinator. In fact, many transaction coordinator jobs require experience in a role such as administrative assistant. Meanwhile, many transaction coordinators also have previous career experience in roles such as office manager or customer service representative.

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Average Salary$36,957
Job Growth Rate5%

Transaction Coordinator Career Paths

Top Careers Before Transaction Coordinator

Top Careers After Transaction Coordinator

Realtor
7.7 %

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Average Salary for a Transaction Coordinator

Transaction Coordinators in America make an average salary of $36,957 per year or $18 per hour. The top 10 percent makes over $50,000 per year, while the bottom 10 percent under $26,000 per year.
Average Salary
$36,957

Best Paying Cities

City
Average Salary
Oakland, CA
Salary Range34k - 62k$46k$46,171
Ewing, NJ
Salary Range33k - 57k$44k$44,146
Boston, MA
Salary Range32k - 53k$42k$41,592
McLean, VA
Salary Range31k - 52k$41k$40,689
New York, NY
Salary Range30k - 53k$40k$40,497
Chicago, IL
Salary Range29k - 46k$37k$37,393
$23k
$62k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Real Estate Transaction Coordinator
Real Estate Transaction Coordinator
Spherion
Spherion
09/12/2020
09/12/2020
$35,00009/12/2020
$35,000
Commission Transaction Coordinator
Commission Transaction Coordinator
Pace Staffing Network
Pace Staffing Network
07/06/2020
07/06/2020
$56,34907/06/2020
$56,349
Marketing & Transaction Coordinator
Marketing & Transaction Coordinator
Robert Half
Robert Half
06/19/2020
06/19/2020
$50,00006/19/2020
$50,000
Real Estate Transaction Coordinator
Real Estate Transaction Coordinator
The Strata Group-Brokered By Exp Realty
The Strata Group-Brokered By Exp Realty
05/30/2020
05/30/2020
$29,21805/30/2020
$29,218
Real Estate Transaction Coordinator
Real Estate Transaction Coordinator
Re/Max Allegiance
Re/Max Allegiance
05/30/2020
05/30/2020
$31,30505/30/2020
$31,305
See More Recent Salaries

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Transaction Coordinator Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Transaction Coordinator. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Transaction Coordinator Resume

At Zippia, we went through countless Transaction Coordinator resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Transaction Coordinator Demographics

Gender

female

76.2 %

male

19.8 %

unknown

4.0 %

Ethnicity

White

65.4 %

Hispanic or Latino

17.3 %

Black or African American

8.2 %

Foreign Languages Spoken

Spanish

62.1 %

French

6.2 %

Mandarin

3.7 %
See More Demographics

Transaction Coordinator Education

Majors

Business
30.4 %

Degrees

Bachelors

40.0 %

High School Diploma

19.2 %

Associate

18.6 %

Top Colleges for Transaction Coordinators

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

6. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

7. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

8. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

9. University of Maryland - Baltimore County

Baltimore, MD • Public

In-State Tuition
$11,778
Enrollment
11,156

10. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Transaction Coordinator

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.1% of transaction coordinators listed customer service on their resume, but soft skills such as math skills and communication skills are important as well.

Best States For a Transaction Coordinator

Some places are better than others when it comes to starting a career as a transaction coordinator. The best states for people in this position are New Jersey, California, Connecticut, and Massachusetts. Transaction coordinators make the most in New Jersey with an average salary of $44,548. Whereas in California and Connecticut, they would average $42,591 and $42,469, respectively. While transaction coordinators would only make an average of $41,607 in Massachusetts, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Transaction Coordinator Jobs:
244
Highest 10% Earn:
$66,000
Location Quotient:
1.87
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Hampshire

Total Transaction Coordinator Jobs:
40
Highest 10% Earn:
$61,000
Location Quotient:
1.65
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Transaction Coordinator Jobs:
65
Highest 10% Earn:
$70,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Transaction Coordinator Employers

1. Keller Williams Realty
3.7
Avg. Salary: 
$52,949
Transaction Coordinators Hired: 
169+
2. Re/Max
4.2
Avg. Salary: 
$52,023
Transaction Coordinators Hired: 
121+
3. Century 21
4.5
Avg. Salary: 
$29,921
Transaction Coordinators Hired: 
78+
4. CBRE Group
4.9
Avg. Salary: 
$38,325
Transaction Coordinators Hired: 
25+
5. Prospect Mortgage
4.4
Avg. Salary: 
$49,780
Transaction Coordinators Hired: 
21+
6. Windermere
4.6
Avg. Salary: 
$54,699
Transaction Coordinators Hired: 
18+
Updated October 2, 2020