TC Bulletin begins publishing
Nobody was covering this profession as a beat. Five sections, one rule: every number names its source and its date.
/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
The Certified Transaction Coordinator (CTC) designation from the California Association of REALTORS is the only formally recognised credential for transaction coordinators. It requires 17 or more hours of coursework, is open to licensed and unlicensed coordinators, and renews every two years.
Written to be quoted. Each answer stands on its own.
No. There is no legitimate national association of transaction coordinators. The California Association of Transaction Coordinators, a 501(c)(6) non-profit, is the only verified association dedicated to the profession.
None is legally required. The only formal credential available is the California Association of REALTORS Certified Transaction Coordinator designation, which requires 17 or more hours of coursework, is open to licensed and unlicensed coordinators, and renews every two years.
It depends on the state and on the work performed. Many coordinators are unlicensed and confine themselves to administrative activity permitted by their state's unlicensed assistant rules. Others hold a licence, which widens the scope of what they may do but generally requires the licence to be held with a brokerage.
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Nobody was covering this profession as a beat. Five sections, one rule: every number names its source and its date.
C.A.R.'s programme runs to 17 hours or more, is open to licensed and unlicensed coordinators, and renews every two years. No national equivalent exists.