Full-Time
Transaction Coordinator
Posted on 2/18/2025
Compass
10,001+ employees
Real estate technology platform for transactions
Junior, Mid
Charlotte, NC, USA
This position is required to work out of our Charlotte, NC office one day, every other week.
You match the following Compass's candidate preferences
Employers are more likely to interview you if you match these preferences:
- 2+ years of real estate experience is preferred
- Knowledge of the Real Estate transaction process is required
- Real estate license required
- Strong written and verbal communication and presentation skills
- Customer service-oriented personality
- Impeccable attention to detail and problem-solving skills
- Document tracking for a large volume of real estate transactions from contract to close, ensuring compliance with brokerage and legal requirements
- Ensure real estate contracts are processed properly and in a timely matter, with a focus on the details
- Managing and tracking contract deadlines to ensure all timelines are met
- Ensuring Agents are paid accurate commissions with a short turn-around time
- Ability to digest detailed contracts and make informed decisions based on content
- B.A. or B.S. degree preferred
- Bilingual (Spanish) preferred, but not required
Compass provides a platform that simplifies the process of buying and selling real estate. The platform integrates various tools and services that assist both real estate agents and their clients throughout the entire transaction workflow. Users can access features that enhance efficiency, making it easier to navigate the complexities of real estate deals. Unlike traditional real estate firms, Compass leverages technology to create a more streamlined experience, which helps attract both agents and clients. The company's goal is to help individuals find their ideal homes while also supporting real estate professionals in their work.
Company Size
10,001+
Company Stage
IPO
Total Funding
$1.5B
Headquarters
New York City, New York
Founded
2012
Simplify's Take
What believers are saying
- Compass achieved its first cash flow positive year in 2024, indicating financial stability.
- The company's revenue grew 26% in Q3 2024, showcasing strong market performance.
- Compass's acquisition strategy, including Washington Fine Properties, strengthens its market presence.
What critics are saying
- Increased competition from tech-adopting traditional firms could erode Compass's market share.
- Economic downturns may significantly impact Compass's revenue and financial performance.
- Integration of acquired companies poses operational challenges and potential cultural clashes.
What makes Compass unique
- Compass offers an end-to-end platform streamlining real estate transactions for agents and clients.
- The company leverages technology to differentiate from traditional real estate firms.
- Compass's recent launch of Compass One enhances agent-client relationships with real-time connectivity.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
Health Savings Account/Flexible Spending Account
Life Insurance
Disability Insurance
Family Planning Benefits
Fertility Treatment Support
Mental Health Support
Pet Insurance
Commuter Benefits
Performance Bonus
Employee Stock Purchase Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Compass, the largest residential real estate brokerage in Greater Washington, has made a major local acquisition, creating a giant with some of the region's highest-profile listings.
Compass CEO Robert Reffkin (Getty, Compass)While most national residential players ended the year licking their wounds, Compass capped off 2024 by flexing its muscles.The brokerage recorded a net loss of $40.5 million in the fourth quarter, a $43.2 million improvement in 2023, according to its latest earnings report.Revenue grew 26 percent to $1.4 billion in the third quarter, and transactions grew over 24 percent. Compass, which relied heavily on acquisitions to power its growth in 2024, said around 80 percent of its growth was organic in the fourth quarter. For the year, the company recorded $5.6 billion in revenue, up over 15 percent from 2023.The company’s quarterly market share grew to 5.06 percent from 4.41 percent.“Despite higher mortgage rates in a volatile environment, the company’s structural advantages and initiatives around [operating expense] containment are working,” said CEO Robert Reffkin.The company also recorded free cash flow of $26.7 million in the fourth quarter, marking the first full year in the company’s 12 years of operation to be free cash flow positive.Margin squeeze…for nowCommission expenses as a percent of revenue increased to 82.53 percent from 81.71 percent. Chief financial officer Kalani Reelitz attributed a quarter of the increase to acquisitions, and the remainder to geographic and changes in agent ranks.Operating expenses were $224.4 million in the fourth quarter, slightly above the same period in 2023. Reelitz said adjusting for M&A-related expenses and transaction costs, operating expenses were down five percent from the fourth quarter of 2023.Reffkin said he expects margins to improve as the company hires newer agents with lower splits. The company is also poised to expand its title, escrow and affiliate businesses following its acquisition of Christie’s International Real Estate, which is a 30 to 35 percent adjusted EBITDA margin business.Adjusted EBITDA in the fourth quarter was $16.7 million, an improvement of $40.4 million from the same period in 2023
Revenue in Q4 Grew 25.9% YoY and Organic Revenue Grew 20.9% YoYQuarterly Market Share Grew 65bps YoY to 5.06% and Organic Share Was Up 48bps$122 Million in Full-Year Operating Cash Flow; $150 Million Prior to NAR-related Settlement. NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1, announced its financial results for the fourth quarter and full-year ended December 31, 2024. "Despite a year in which resale transactions experienced a 29-year low, Compass grew both Revenue and Adjusted EBITDA2 significantly and delivered $122 million in operating cash flow, or $150 million prior to the NAR-related settlement payment. As the market recovers, we believe the combination of our cost discipline and structural advantages, which include our end-to-end proprietary technology platform, national scale, network of top agents, and depth of inventory, positions Compass to capture significant upside," said Robert Reffkin, Founder and Chief Executive Officer of Compass
NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume1, today announced its fourth quarter and full-year 2024 financial results will be released after market close on Tuesday, February 18, 2025. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m. ET / 2:00 p.m. PT.Call details are as follows:The conference call will be accessible online via the Compass Investor Relations website, https://investors.compass.com.You can also register in advance to access the live conference call and shareholder presentation at: Compass Inc
The 2025 Compass's reduced pricing makes it a top competitor in the compact SUV segment, competing directly with rivals like the Toyota RAV4, Honda CR-V, and Hyundai Tucson.