/Independent trade coverage
The trade record for transaction coordinators
Every figure on this site is attributed to a named primary source, dated, and corroborated where vendor data is involved.
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Licensing scope, unlicensed-assistant rules and the state guidance that decides what a coordinator may sign, quote and explain.
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House Bill 3137 adds a sixteenth ground for suspension or revocation: a managing principal broker who fails to exercise reasonable supervision and control. The written policy that duty requires now has to name how the office manages unlicensed assistants specifically, not just licensed staff.
The Real Estate Board's rewrite took effect on 1 April. What an unlicensed person may do now sits in a section of its own, 18VAC135-20-335, and the old line restricting pay to a rate not contingent on a transaction is gone. The Board gave no reason. The state association reads it as opening per-file pay.
Client-touch campaigns are ordinary practice in this business. A TREC rule and a 2020 CFPB guidance note between them decide how much of one a coordinator can run, and who is allowed to pay for it.
California publishes a checklist and a guide. Texas answers the question with 'it depends'. Florida has no single page at all, and the statute does the work instead.
NAR's state-by-state PDF is still the document handed to new coordinators. State regulators have published a great deal since it was written.
The Real Estate Bulletin posts in the middle of March, June, September and December. Winter 2026 is the current issue.
FinCEN's residential rule bites on all-cash entity and trust purchases of one to four units. The title company files the report. The coordinator is the one chasing seven days of identity documents, and the contract now says so.