/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.
Reference
Every story the desk has filed under this tag.
6 stories filed under this tag.
That is the highest share the brokerage has recorded since 2023, and it is the number that separates a coordinator's file count from their invoice count. No federal series measures contract failure, so this figure has no independent counterweight.
A federal court dismissed Heart of Gold Title's coverage claim over a $480,150 diverted wire, ruling its cyber policy's notice clock began when the agency's own IT vendor investigated in March 2024, seven months before it told its insurer. The agency's cover was gone before the lawsuit that prompted the claim was even filed.
Commissioner Steve Strode's column states plainly that the role 'does not exist in statute or rule' in Oregon. A stakeholder survey closed 10 July, and the agency says it will take the question to the Real Estate Board and may form a work group. In the meantime it has flagged two concrete risks: unwritten confidentiality terms, and coordinators who cross the state's one-business-name rule.
The Real Estate Commission revised Position 20 on 4 August. It names transaction coordinators directly, sets out what an unlicensed one may perform, and says pay contingent on a closing may raise a RESPA problem. The revision tracks HB26-1426, in force since 12 August, which requires a signed written agreement before any brokerage activity.
Freehold enforces workspace separation with Postgres row-level security and logs who performed each sensitive action. For a desk holding wire instructions and client logins, the difference between those two places is most of the argument.
Three specialist brokers describe the same claim profile: missed deadlines, missing signatures, the wrong version of a contract. One publishes a premium range. The market-size and premium-saving figures circulating alongside them are not sourced at all.