Full-Time

Transaction Coordinator

Posted on 9/3/2024

Orchard

Orchard

501-1,000 employees

Streamlines home buying and selling process

Real Estate

Compensation Overview

$50kAnnually

+ Variable Compensation based on Transaction Closings

Junior, Mid

Remote in USA

This is a full-time remote role.

Category
Real Estate
Real Estate Property Management
Required Skills
Communications
Customer Service
Requirements
  • Proven experience in a real estate transaction coordination role
  • Exceptional attention to detail and organizational skills
  • Ability to multitask and manage multiple transactions simultaneously
  • Strong communication and interpersonal skills
  • Proficiency in real estate software and MLS systems
  • Knowledge of regional real estate regulations and requirements
  • Ability to work independently and as part of a team
  • High level of professionalism and customer service orientation
Responsibilities
  • Drive time-sensitive, detail-oriented tasks from executed contract to close with a focus on creating the best experience for our customers
  • Support agents on ensuring a seamless transaction by act as a liaison between buyers, sellers, agents, lenders, and other stakeholders
  • Coordinate closings with the title company and lender to ensure collection of all appropriate documentation to complete closing in a timely manner and record closings
  • Draft MLS listings and ensure all required documentation is received and accurate before listing properties
  • Coordinate with various stakeholders to maintain a high level of communication and coordination
  • Ensure contract documents and amendments meet regional and transaction-specific compliance requirements
  • Monitor transaction progress and address any issues that arise promptly
  • Maintain accurate and organized transaction files and records
  • Provide exceptional customer service to all parties involved

Orchard operates in the residential property market, focusing on making the process of buying and selling homes more efficient and less stressful for clients. Their main service is the 'Move First' approach, which allows clients to purchase a new home before selling their current one, alleviating the pressure of coordinating both transactions. This is supported by a guaranteed back-up offer that provides security for sellers. Additionally, Orchard offers free home valuations that are claimed to be 30% more accurate than typical valuations, helping clients understand property values better. Unlike traditional real estate agencies, Orchard's unique services and focus on client convenience may allow them to charge a premium for their offerings. The goal of Orchard is to simplify the home buying and selling experience, making it more accessible and less daunting for individuals and families.

Company Stage

Series D

Total Funding

$228.6M

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

3%

1 year growth

-1%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Orchard ranks in the top 10 fastest-growing real estate companies in the U.S.
  • Expansion into Arizona, Oregon, and Washington opens new market opportunities.
  • Increased demand for digital real estate transactions aligns with Orchard's tech-driven model.

What critics are saying

  • Rising interest rates could deter potential homebuyers, impacting Orchard's core business.
  • iBuying platforms like Opendoor pose competitive threats to Orchard's 'Move First' approach.
  • Expansion into new markets may strain Orchard's resources and operational capabilities.

What makes Orchard unique

  • Orchard's 'Move First' approach allows clients to buy before selling their current home.
  • They offer free home valuations claimed to be 30% more accurate than competitors.
  • Orchard provides a comprehensive suite of vendor partner services for home improvement.

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Benefits

Comprehensive benefits - We offer medical, vision, and dental benefits for employees and dependents, with some plans fully sponsored by Orchard.

Paid parental leave - We offer new parents up to 18 weeks paid leave to bond with their newborns—plus a customized one-month transition period to ease into life as a working parent.

Paid family leave - We offer up to 10 weeks paid leave for employees who need to care for sick family members.

Flexible paid time off - We count your contributions, not vacation days. Take the time you need to recharge and refresh.

Team events - From monthly town hall meetings to team lunches and gatherings outside of the office, we make time to celebrate wins and unwind together.

Paid industry certification - We cover dues on licenses and renewal fees for brokers, realtors, and more.

INACTIVE