A lot of people out there don’t want a traditional 9-to-5 job.
There's been quite a shift in the way people view traditional jobs, particularly in-office roles, for a couple of different reasons. These jobs don’t offer enough time for people to be with their families, pursue passion projects, or engage in their hobbies.
Despite most workers expressing interest in work-from-home or hybrid jobs, the availability of these jobs being offered by companies is decreasing.
But people have gotten used to working from home because of the need caused by the pandemic. So, some are taking matters into their own hands.
In 2022 alone, 5 million new businesses were formed, with a good portion of those businesses formed specifically so the founders had the flexibility to work from home.
Especially if you’re a mom like me, working from home is the best of both worlds.
Working as a transaction coordinator can be a great opportunity for stay-at-home moms to break free from the traditional 9-to-5 job while also providing an income for their households.
Flexibility working from home for stay-at-home moms as transaction coordinators
One of the biggest advantages of being a TC is the flexibility it offers.
Transaction coordinators play an essential role in real estate transactions by managing paperwork and documentation. They coordinate with all parties involved, ensuring compliance with legal requirements and timelines. And they do all of this from the comfort of their homes.
As a transaction coordinator, you have the freedom to set your hours and work around your family's schedule. This means no more rushing to drop off kids at daycare or missing out on important moments with your family.
This gives you a better ability to balance your work responsibilities with family commitments more efficiently and on your schedule.
Since you are working from home, there is no need for commuting or dealing with traffic, saving you both time and money while also working in a fulfilling career path that lets you see the actual difference you are making in the world.
TCs are the heart of real estate transactions, so you’re not working in a job that locks you behind a desk and where other people get the glory for all your work. As a TC, you work to push transactions through the finish line, and deals don’t close without you.
Every deal is an accomplishment that puts money into your bank account.
Opportunities for professional development while working from home
Additionally, working as a transaction coordinator provides an opportunity for professional growth that most part-time or even short-term full-time employment does not.
As you gain experience and build relationships with clients and colleagues, you can expand your knowledge and skills in this field. This can open up doors for advancement from coordinating traditional real estate deals to advancing to higher-paying creative financing deals. Or, you can go from being a freelancer or single-employee business to even starting your own business that coordinates other TCs (making you the coordinator of coordinators!).
Especially as you gain general experience, you become a valuable resource to transaction coordinators who need your help closing their deals.
This opens the door to allowing you to find a niche within your business.
If you want to hire a team of TCs to work beneath you, you’re welcome to it. If you want to start training other TCs, have at it. And if you want to become a consulting business for super tricky circumstances that other TCs can turn to, why not?
You can grow within your business and define your growth, all while working from home and gaining valuable experience on the job.
And, if all that you want to do is be a normal transaction coordinator, but grow your client base, that’s easy to do from home, too.
Growing your business from home
Establishing an online presence is key when seeking clients as a transaction coordinator.
Creating a professional website that highlights services offered and showcases experience and background can attract potential clients. You can highlight your website on social media platforms like LinkedIn or Facebook can also help connect with potential clients and showcase expertise.
Now, if you were to get started in Top Tier TC, you kind of start with a pool of clients and can use these online resources to grow your business in the future.
TCs that learn creative financing are put on a list of preferred transaction coordinators that is distributed among the largest and most active group of creative real estate investors in the US. These investors are looking to grow their transaction pool and need TCs for almost every transaction they do.
Because of this, you get a running start into the world of TC’ing and you can grow your pool of contacts if and when you’re ready to scale up your business.
How TCs maintain a work-life balance
Maintaining work-life balance is essential for anyone who’s looking to bring work into their home. While a lot of people are looking to make money from the comfort of their own homes, they’re not looking for jobs that will consume their entire lives.
Especially if you’re a mom who’s looking for some extra income, the balance of work and family in the home may be more important than the money you bring in.
But in some careers, you don’t have to choose one over the other.
Working as a stay-at-home mom transaction coordinator offers flexibility, professional growth opportunities, and the ability to earn a great living from home in the real estate industry.
With the right education, training, and dedication, being a TC can provide you with a fulfilling and rewarding experience for anyone looking to break free from the traditional 9-to-5 job.