The TC Institute

A virtual real estate transaction coordinator, commonly referred to as TC, is an individual who assists real estate agents or brokers by performing all administrative duties throughout the course of real estate transaction. A TC coordinates and ensures all documents are completed in alignment with broker and state compliance.

It is important to check your State’s Real Estate Commission website on requirements for an unlicensed assistant to confirm the state’s prerequisites and requirements. Although most states have no prerequisites requirements for unlicensed assistants/transaction coordinators, there are some states that require transaction coordinators to have a particular license. It is important to have knowledge of basic software, such as, emails and google drive. Also, the national real estate association's unlicensed assistant website. 

Fees vary from state to state for what TC charge for their services. Also, if you are a licensed agent and operating as a TC, you have the ability to perform more task and charge more for those tasks. Depending upon your states, fees can vary from $250 - $700 per transaction.