Does a Transaction Coordinator Need to Be Licensed? (By State)
One of the most common questions about this career is whether a transaction coordinator needs to be licensed.
Short Answer
It depends on the state. Simply go to the governmental department of real estate for the state in question to make sure.
States That Commonly Require Licensing
There are only a few states that require a real estate license if the TC performs certain tasks, such as:
- Drafting contracts
- Handling negotiations
- Communicating directly with clients
States That Allow Unlicensed Transaction Coordinators
Most states allow unlicensed TCs to:
- Track deadlines
- Manage documents
- Coordinate communication
How to Stay Compliant
- Work under agent direction
- Avoid client representation
- Follow brokerage policies
Always verify rules with your state real estate commission.
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