Are the services of a transaction coordinator appreciated & used?

[Angelina R martinez]

Current teacher looking to get into investing. I don't have the funds to quit my W2 YET, but I am looking for ways to earn extra $$ while learning about REI at the same time.

I have considered becoming an agent, but I have young kids and I don't think showing homes in the evening or on the weekends will work for me. Being a transaction coordinator has come up in my searches, and I want to get some real world insight and advice from the BP group.

1. Is this a legit way to earn money?

2. Could this work be done virtually?

3. Do agents, brokers and investment co really use and appreciate this service?

4. How does compensation work?

Thanks

[Logan McKay Zylstra]

1. Transaction coordinators (TC) are legit. Most TCs I know are licensed as well, (I believe you have to be to fill out contracts but I am not sure about this).

2. Yes

3. Yes, most of the agents who have TCs are successful and doing quite a few transactions.

4. Hourly or paid by file (each time a buyer buys or a seller sells). Compensation ranges quite a bit, at least $20 an hour or a couple hundred bucks a file