Simplify Logo

Full-Time

Transaction Coordinator

Posted on 9/3/2024

Orchard

Orchard

201-500 employees

Streamlines home buying and selling process

Real Estate

Compensation Overview

$50kAnnually

+ Variable Compensation based on Transaction Closings

Junior, Mid

Remote in USA

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 easier for individuals and families. Their main service is the 'Move First' approach, which allows clients to purchase a new home before selling their current one, reducing the stress 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 higher fees. The goal of Orchard is to simplify and alleviate the challenges associated with home buying and selling.

Company Stage

Series D

Total Funding

$494M

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

12%

1 year growth

6%

2 year growth

-34%
Simplify Jobs

Simplify's Take

What believers are saying

  • Orchard's rapid growth, as evidenced by its ranking in the Inc. 5000 list, indicates strong market acceptance and potential for career advancement.
  • Expansion into new markets like Arizona, Oregon, and Washington opens up opportunities for employees to work in diverse and dynamic environments.
  • The company's innovative services, such as cash offers in competitive markets, empower employees to provide high-value solutions to clients.

What critics are saying

  • The competitive nature of the real estate market means Orchard must continuously innovate to maintain its edge.
  • Expansion into new markets carries the risk of overextension and operational challenges.

What makes Orchard unique

  • Orchard's 'Move First' approach allows clients to buy a new home before selling their old one, a unique offering in the real estate market.
  • Their free home valuations claim to be 30% more accurate than other valuations, providing a significant advantage in setting realistic expectations.
  • Orchard's guaranteed back-up offer provides a safety net for sellers, reducing the stress and uncertainty typically associated with home transactions.

Help us improve and share your feedback! Did you find this helpful?

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