In today's rapidly evolving job market, more and more individuals are seeking opportunities to work from home while still earning a substantial income.
Considering that in 2022, the average inflation rate was 8.0%, it’s no surprise that people are trying to supplement their household income. Women especially are seeking these work-from-home jobs as a way to continue to support their families while also watching over them.
One such promising career path is that of a transaction coordinator, which allows you to work from anywhere and earn substantial commissions without owning any property. Being a transaction coordinator (or a TC) can especially help women excel in work-from-home jobs, specifically in the real estate industry.
The Rise of Work-from-Home
In recent years, the concept of remote work has gained traction, thanks in large part to the pandemic. Between 2019 and 2021, the number of people working from home tripled from 9 million people to 27.6 million people. This working in tandem with the average personal debt in the U.S. sitting right around $21,800 (meaning debt without including a mortgage!) and advances in technology have created a want by workers to stay working from home.
As women continue to break down barriers and seek career opportunities that offer flexibility, work-from-home jobs have become an appealing choice. Real estate transaction coordination is one such field that has witnessed a surge in demand for remote professionals.
You may not realize it when you’re buying a home or working on selling your home, but every time you interact with a real estate agent and get a transaction moving, there is a real estate transaction coordinator involved.
These TCs make it so every document is signed, timelines are followed and funds are transferred. They are the lifeblood of every deal, and without this skill, people wouldn’t own homes, businesses, or any other kind of property.
Real Estate Transaction Coordination: A Lucrative Work-from-Home Career
Transaction coordination in the real estate industry involves overseeing and managing the various steps of a property transaction, from contract to closing.
It is a critical role that ensures a smooth and efficient process for all parties involved. As a transaction coordinator, you can work remotely and contribute to the success of real estate deals without the need to own any property.
Some of the key reasons why this career path is so attractive is because it affords location independence and flexibility and high earning potential and growth opportunities.
Location Independence and Flexibility in a Work-From-Home Job
Unlike many traditional careers, real estate transaction coordination allows you to work from anywhere.
Whether you prefer the comfort of your home office or the tranquility of a beachside getaway, you can perform your transaction duties effectively.
And when it comes to women, we tend to be less satisfied with our income AND our work-life balance than our male counterparts. As a transaction coordinator, you have the flexibility to set your own schedule and take control of your work-life harmony. It also allows you to work part-time or full-time depending on what you want to do.
So, if you want the flexibility to work when you want from where you want and EVEN IF YOU WANT TO BE INVOLVED IN THE REAL ESTATE SPACE AND SUPPORT YOUR SPOUSE, being a TC might be the right career path for you.
High Earning Potential Working From Home
The name of the game as a transaction coordinator is reliability. If you can help a business run smoothly, on time, and can solve problems as they arise, you build a report of reliability and a returning customer base.
Because transaction coordinators typically earn commissions based on the volume and complexity of deals they manage, if you can prove yourself as someone who can manage – or even learn to manage – more complex interactions, your earning potential rises.
With the right skills and dedication, it's possible to earn a substantial income, even comparable to that of real estate agents and investors. For example, a buyer’s agent when purchasing a home is typically between 2.5%–3%, whereas if you’re a TC who puts in the work full-time, you have the potential to earn more than a doctor.
You can hear a testimonial from a TC like Jennifer and hear more about her TC earning potential below.
A Success Story in Working From Home
In September, Pace Morby, a renowned real estate investor, and educator who I’ve been working with for years traveled across the country to Penn State University from his home state of Arizona. Pace was invited to speak with community members and teach a class of Penn State students about the intricacies of real estate.
While he was there, Pace had a crucial real estate investment deal to close, and I played an instrumental role in making it happen.
Here's how it happened.
In real estate transactions, the involvement of a notary public is often required to finalize deals. I took charge of coordinating the mobile notary, ensuring that all necessary documents were prepared and ready for signing.
Despite being thousands of miles away in Arizona, I managed the entire process efficiently. I was able to liaise with a mobile notary and ensured that all parties were well informed and prepared for the closing.
The notary met with Pace in Pennsylvania to secure his deal back across the country and returned the documents to me in Arizona without Pace ever having to leave the university.
Things like this are my everyday life. The possibilities that exist in real estate transaction coordination are endless and unfolding all the time. I have the skills that allow me the ability to facilitate a complex deal from any remote location, and this only helps to underscore the value and importance of professionals in this field.
In today's digital age, women have more opportunities than ever to excel in work-from-home jobs and establish themselves as experts.
So, if you're looking for a rewarding career that allows you to work from anywhere and earn real estate-type money without owning land or knocking on doors, consider exploring the world of real estate transaction coordination.
So much is possible when you embrace the opportunities of remote work and become a subject matter expert in the field of transaction coordination through Top Tier TC. You can learn to coordinate everyday real state transactions, or even learn creative transactions to maximize your earning potential.
By learning these skills, you can gain the knowledge and confidence needed to thrive in this dynamic and rewarding career. So, join the growing community of women who are making their mark in the world of real estate transaction coordination, and take control of your journey starting today.
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