Transaction Coordinator

Compass Real Estate - Peninsula; Chicago (IL); On-site; USD 43,000 - 48,000; Full time

Benefits offered by this job

Bonus potential

Full benefits

401(k)

Paid time off

Career growth opportunities

Equity or RSU potential

Job summary

Compass is seeking a Transaction Coordinator in Chicago to manage compliance and administrative tasks across listings, transactions, and commissions. You will support agents by tracking documents, deadlines, and coordinating with lenders, attorneys, and title companies to ensure smooth closings.

Ideal candidates have 2+ years in real estate processing, strong communication skills, and meticulous attention to detail.

Qualifications

• 2+ years in real estate transaction-processing function preferred.
• Strong written, quantitative, verbal, and presentation skills.
• Ability to digest detailed contracts and make informed decisions.
• Ability to maintain strict confidentiality of contract data.

Responsibilities

• Handle document tracking for listings to close, ensuring compliance with brokerage and legal requirements.
• Ensure real estate contracts are processed properly and promptly with attention to detail.
• Manage and track contract deadlines to meet timelines.
• Navigate systems to validate accuracy of compliance and commission records.
• Provide support to Agents regarding commission payouts, deductions, and calculations.

Skills

Real estate experience

Attention to detail

Confidentiality

Communication

Teamwork

Education

Bachelor's degree preferred

Job description

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.

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 to regular updates for all parties 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.

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 promptly, 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-processing function, coordination, accounting, or payroll function preferred
• 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
• Real estate experience preferred
• B.A. or B.S. degree preferred

Compensation:

The base pay range for this position is $31.25-$34.71/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. The minimum wage for the position will always be met.

Do your best work, be your authentic self.

At Compass, we believe everyone deserves to find their place in the world- a place where they feel like they belong, where they can be their authentic selves, and 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 designed to improve our employees' lives and careers.

Perks That You Need To Know About

• Participation in our incentive programs (which may include eligible cash, equity, or commissions).
• 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
• 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