Real Estate Transaction Lead - Dallas

Overview

We have an immediate opening for a highly motivated and experienced Real Estate Transaction Lead. We are seeking a team player with strong phone, verbal, written, and organizational skills.

We are a national real estate investor who purchases homes for renovation and resale across markets nationally. Our business model revitalizes existing residential property to provide affordable, renovated homes for new homeowners.

The Real Estate Transaction Lead is responsible for managing the escrow closing process of our single-family residential real estate transactions. This includes managing multiple contracts, updating, and maintaining transaction documents, ensuring compliance with all applicable laws, and communicating with all parties involved in the transaction.

The salary range for this role is $65,000 to $80,000 with annual bonus; however, Cedar Brook considers several factors when extending an offer, including but not limited to, the role and associated responsibilities, a candidate’s work experience, education/training, location and key skills.

Responsibilities

• Monitor and coordinate all phases of the real estate escrow closing process, including escrow opening, title searches, closing documents, wire and other funding requests, and coordination of close/funding.
• Review and analyze real estate contracts and related documents.
• Manage calendars and track key contract dates.
• Responsible for the transaction management process and inputting escrow, close and post-close data into the company’s transaction and document management system.
• Ensure all transactions comply with local, state, and federal regulations.
• Act as the go-between for all parties ensuring accurate and effective problem-solving of all escrow tracking and closing issues including timely follow-up on email, phone and other messaging system communications.
• Responsible for daily and weekly reporting on managed closing for use in reporting to senior leadership.
• Primary contact with vendors supporting transaction process.
• Review and process contract cancellations.
• Work with the acquisitions and project managers to secure open items for transactions, including contract documentation and all addendum, sellers’ disclosures, property inspections and repair verifications, and final walk-throughs.
• Identify and mitigate risks associated with real estate transactions.
• Responsible for the management and implementation of best practices for transaction management, driving process improvement.
• Other duties as assigned by leadership.

Qualifications

• 5+ years of residential real estate transaction experience required.
• Preference for experience with institutional Single Family Rental operators or property management firms focused on institutional Single Family Rental management.
• Extensive experience in reviewing real estate contract, escrow and title
• Experience processing transactions on a nationwide level.
• A Bachelor’s degree in a related field is a plus but not required.
• Valid driver’s license (may require occasional driving).
• Strong communication and organizational skills.
• Strong problem-solving skills with the ability to make independent decisions.
• Ability to multi-task, prioritize, and meet tight deadlines.
• Proficient in MS Office Suite and other related software programs; ability to learn new platforms.
• Must possess a professional attitude to represent the company positively.
• Certifications, Licenses, and/or Registration
• Active notary preferred
• Active real estate license preferred.
• Physical Demands and Work Environment
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls.  The employee frequently is required to talk and hear.  The noise level in the work environment is usually moderate.  The employee is occasionally required to stand; walk; reach with hands and arms.  The employee is rarely required to stoop, kneel, crouch, or crawl.  The employee must regularly lift and/or move up to 10 pounds.  Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
• EEOC
• Cedar Brook is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

Responsibilities

• Monitor and coordinate all phases of the real estate escrow closing process, including escrow opening, title searches, closing documents, wire and other funding requests, and coordination of close/funding.
• Review and analyze real estate contracts and related documents.
• Manage calendars and track key contract dates.
• Responsible for the transaction management process and inputting escrow, close and post-close data into the company’s transaction and document management system.
• Ensure all transactions comply with local, state, and federal regulations.
• Act as the go-between for all parties ensuring accurate and effective problem-solving of all escrow tracking and closing issues including timely follow-up on email, phone and other messaging system communications.
• Responsible for daily and weekly reporting on managed closing for use in reporting to senior leadership.
• Primary contact with vendors supporting transaction process.
• Review and process contract cancellations.
• Work with the acquisitions and project managers to secure open items for transactions, including contract documentation and all addendum, sellers’ disclosures, property inspections and repair verifications, and final walk-throughs.
• Identify and mitigate risks associated with real estate transactions.
• Responsible for the management and implementation of best practices for transaction management, driving process improvement.
• Other duties as assigned by leadership.

Qualifications

• 5+ years of residential real estate transaction experience required.
• Preference for experience with institutional Single Family Rental operators or property management firms focused on institutional Single Family Rental management.
• Extensive experience in reviewing real estate contract, escrow and title
• Experience processing transactions on a nationwide level.
• A Bachelor’s degree in a related field is a plus but not required.
• Valid driver’s license (may require occasional driving).
• Strong communication and organizational skills.
• Strong problem-solving skills with the ability to make independent decisions.
• Ability to multi-task, prioritize, and meet tight deadlines.
• Proficient in MS Office Suite and other related software programs; ability to learn new platforms.
• Must possess a professional attitude to represent the company positively.
• Certifications, Licenses, and/or Registration
• Active notary preferred
• Active real estate license preferred.
• Physical Demands and Work Environment
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls.  The employee frequently is required to talk and hear.  The noise level in the work environment is usually moderate.  The employee is occasionally required to stand; walk; reach with hands and arms.  The employee is rarely required to stoop, kneel, crouch, or crawl.  The employee must regularly lift and/or move up to 10 pounds.  Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
• EEOC
• Cedar Brook is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.