Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between transaction coordinators and post closers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a transaction coordinator and a post closer. Additionally, a transaction coordinator has an average salary of $41,792, which is higher than the $38,045 average annual salary of a post closer.
The top three skills for a transaction coordinator include customer service, MLS and escrow companies. The most important skills for a post closer are loan packages, post-closer, and FHA.
| Transaction Coordinator | Post Closer | |
| Yearly salary | $41,792 | $38,045 |
| Hourly rate | $20.09 | $18.29 |
| Growth rate | -3% | -3% |
| Number of jobs | 16,804 | 10,407 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 41% |
| Average age | 42 | 42 |
| Years of experience | 4 | 4 |
A transaction coordinator is responsible for performing administrative and clerical duties for the clients regarding their real estate contracts and transactions. Transaction coordinators sometimes do fieldwork to inspect the property area, write findings reports, perform cost and expenses analysis, and inform the clients of required documentation. They also identify resources and other alternatives that would most likely fit the client's budget limitations and interests. A transaction coordinator must have excellent organizational and communication skills, especially in coordinating with other organizations to process the client's requirements for property acquisition.
Post closers require an associate degree or certification in addition to 1-3 years of related experience. Skills in customer support, document review, loan processing, quality assurance processing, and loan software are also necessary for this career. Port closers assist with the mortgage loan closing process by reviewing loan documents for compliance, completeness, and accuracy. They also find missing information, prepare files and provide internal and external customer support.
Transaction coordinators and post closers have different pay scales, as shown below.
| Transaction Coordinator | Post Closer | |
| Average salary | $41,792 | $38,045 |
| Salary range | Between $30,000 And $57,000 | Between $29,000 And $48,000 |
| Highest paying City | White Plains, NY | San Ramon, CA |
| Highest paying state | New York | California |
| Best paying company | JPMorgan Chase & Co. | Amplify Credit Union |
| Best paying industry | Finance | Insurance |
There are a few differences between a transaction coordinator and a post closer in terms of educational background:
| Transaction Coordinator | Post Closer | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 41% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between transaction coordinators' and post closers' demographics:
| Transaction Coordinator | Post Closer | |
| Average age | 42 | 42 |
| Gender ratio | Male, 19.0% Female, 81.0% | Male, 21.6% Female, 78.4% |
| Race ratio | 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% | Black or African American, 13.4% Unknown, 4.2% Hispanic or Latino, 16.7% Asian, 6.6% White, 58.6% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 7% |