Transaction Specialist I jobs in United States
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Auction.com · 17 hours ago

Transaction Specialist I

Auction.com is a leader in the distressed residential marketplace, and they are seeking a Transaction Specialist I. This role is responsible for coordinating day-to-day activities to ensure each transaction closes on or before the scheduled close of escrow date, requiring effective communication with various stakeholders to resolve contracting and closing issues.

Real Estate

Responsibilities

Monitors and reconcile against Seller systems for status updates and missing document. Completes Seller required tasking, as applicable
Manage all requests to the Seller for review and decision (i.e. price reduction requests, access requests, etc)
Manage POS inspection orders as needed
Manage addendum, extensions, and cancellations processing, as required
Owns responsibility of making sure all items are being completed timely and correctly for assigned pipeline
Liaison between seller and buyer to negotiate agreeable terms to salvage sales and reduce fallout/cancellations
Monitor pending contract to Winning Bidder report, escalate ADC delay issue to appropriate party as needed for timely resolution (Special Character issues, MCDS not enabled)
Manage updates from closing office and update notes and delay codes as needed. Escalate issues and/or non-performing vendors as needed
Manage pipeline to ensure client SLA's are met
Address inquiries from clients, buyers, agents, and lenders professionally and promptly
Review and audit Purchase Sale Agreements, Earnest Money Deposits, Proof of Funds, Entity documents, Settlement Statements/HUDs, etc
Comprehensive understanding of contracting, with ability to analyze and interpret contract terms to answer buyers' questions accordingly
Coordinate with clients to obtain necessary information to resolve closing delays
Follow up on closing status, closing documents, and resolve impediments for a timely closing with all parties, as required
Confirm closing dates with buyers, sellers, and closing companies
Sign documents under the Limited Power of Attorney (LPOA) as required and understand the associated responsibilities
Respond to email and phone messages promptly and professionally
Ensure internal and external systems have current status and updates
Maintain open communication with team members and management
Handle inbound and outbound calls with buyers, agents, lenders, sellers, and closing companies
Assist with all buyer communication (calls and emails) for offers under contract
Perform other related duties as assigned

Qualification

Closing experienceTitle knowledgeNegotiation skillsProblem-solving skillsOrganizational skillsProfessional ethicsVerbal communicationWritten communicationInterpersonal skills

Required

Possession of a high school diploma or equivalent (GED)
Three (3) to five (5) years of Closing and/or Title experience
Knowledge of laws and regulations pertaining to real estate

Preferred

Title curative experience is a plus

Benefits

401k match
Annual incentive program
Healthcare coverage
Broad range of other benefits for eligible roles

Company

Auction.com

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Auction.com is a Real Estate company.

Funding

Current Stage
Late Stage

Leadership Team

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Jason Allnutt
CEO
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Jeff Frieden
Executive Chairman and Co-Founder at Auction.com and Ten-X Commercial
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Company data provided by crunchbase