Real Estate Closing Transaction Coordinator - Schaumburg - Baird & Warner

    Baird & Warner
    Baird & Warner Schaumburg

    2 days ago

    Description

    Baird & Warner Real Estate Sales Closing Coordinator

    Behind every great company is a culture created by the professionals who work there. It's what has earned Baird & Warner a Top Workplace designation from the Chicago Tribune ten times. Throughout our rich history, we've stayed true to the belief that when you give people the support they need, amazing things happen. That's why we empower you to be independent, grow in your career, do the right thing by your colleagues and your community, and have a true work/life balance. We truly care about making our team feel part of something bigger by sharing a single purpose making it easier for homebuyers and sellers to realize their real estate dreams.

    The Real Estate Sales Closing Coordinator plays a critical role in ensuring financial accuracy, consistency, and integrity across the business. This position works closely with agents, managers, vendors, and internal accounting teams to balance commission and escrow accounts, align reporting across all offices, and support the timely and accurate payment of commissions.

    This role requires deep knowledge of real estate transactions and the ability to learn and apply the unique policies, commission structures, and procedures of all 26 Baird & Warner offices.

    Location: Split between Chicago and Schaumburg

    Hours: Monday-Friday 8:30am-5pm

    Essential duties include but are not limited to the following:

    • Review, audit, and reconcile commission and escrow accounts to ensure all transactions are balanced and accurate.
    • Process closed transactions and ensure proper and timely payment of agents, cooperating agents, and vendors.
    • Review and process commission checks, including correct deductions, adjustments, and exceptions.
    • Run, analyze, and balance daily, monthly, and ad-hoc escrow and commission reports.
    • Ensure commission and financial reporting is consistent and aligned across all offices and departments.
    • Accurately enter and maintain mortgage, closing, and commission data in internal systems.
    • Process earnest money deposits and wire transfers.
    • Maintain and update cooperating broker and vendor records.
    • Work directly with agents, branch administrators, managers, and vendors to resolve commission questions, discrepancies, and complex scenarios.
    • Provide professional guidance and support to branch office administrators and sales associates regarding commission policies, procedures, and transaction issues.
    • Learn and apply the unique commission structures, policies, and operational procedures of all 26 offices.
    • Identify trends, errors, or inconsistencies in reporting or processing and recommend improvements.
    • Assist with audits, month-end close activities, and special financial projects as needed.
    • General office duties including customer service requests, filing, phones, and projects.
    • Supporting all of B&W's business units
    • Learning and fully understanding Commission plans, fee schedules, Receivables.

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