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Vending coordinator vs transaction coordinator

The differences between vending coordinators and transaction coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vending coordinator, becoming a transaction coordinator takes usually requires 2-4 years. Additionally, a vending coordinator has an average salary of $44,480, which is higher than the $41,792 average annual salary of a transaction coordinator.

The top three skills for a vending coordinator include vendor management, vendor relations and customer service. The most important skills for a transaction coordinator are customer service, MLS, and escrow companies.

Vending coordinator vs transaction coordinator overview

Vending CoordinatorTransaction Coordinator
Yearly salary$44,480$41,792
Hourly rate$21.38$20.09
Growth rate-8%-3%
Number of jobs25,36516,804
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 54%
Average age4742
Years of experience64

What does a vending coordinator do?

A vending coordinator serves as a liaison between a company and its vendors and suppliers, building positive relationships in the process. It is their responsibility to identify and understand the needs of a company and its branches, conduct market research and analysis, oversee purchase transactions, negotiate contracts, and evaluate the external partners' performances. Aside from maintaining an active communication line with vendors, a vending coordinator also performs clerical tasks such as preparing and processing documentation, handling calls and inquiries, and producing progress reports.

What does a transaction coordinator do?

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.

Vending coordinator vs transaction coordinator salary

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

Vending CoordinatorTransaction Coordinator
Average salary$44,480$41,792
Salary rangeBetween $32,000 And $61,000Between $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 vending coordinator and transaction coordinator education

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

Vending CoordinatorTransaction Coordinator
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeCalifornia State University - BakersfieldUniversity of Pennsylvania

Vending coordinator vs transaction coordinator demographics

Here are the differences between vending coordinators' and transaction coordinators' demographics:

Vending CoordinatorTransaction Coordinator
Average age4742
Gender ratioMale, 33.8% Female, 66.2%Male, 19.0% Female, 81.0%
Race ratioBlack or African American, 9.2% Unknown, 4.7% Hispanic or Latino, 18.8% Asian, 5.2% White, 61.4% American Indian and Alaska Native, 0.6%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 Percentage8%7%

Differences between vending coordinator and transaction coordinator duties and responsibilities

Vending coordinator example responsibilities.

  • Lead enrollment process efficiently through securing proper registration forms, official transcripts, immunization records, and IEP documentation as needed.
  • Coordinate with emergency readiness team during training including scheduling, preparing PowerPoint presentations, arranging training room and equipment set up.
  • Handle accounts requiring prior radiology authorizations, insure proper CPT codes are approve according to patient diagnosis and/or radiology protocol.

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

Vending coordinator vs transaction coordinator skills

Common vending coordinator skills
  • Vendor Management, 18%
  • Vendor Relations, 9%
  • Customer Service, 9%
  • Purchase Orders, 7%
  • Vendor Performance, 5%
  • Vendor Compliance, 5%
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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