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Transactions Settlement Specialist

Real is a fast-growing national real estate brokerage powered by technology. Real is currently operating in all U.S. states, Canada, and the District of Columbia. Founded in 2014, Real is a trailblazer in the Residential Real Estate industry, as we lead the disruption with our cutting-edge technology platform. We are on a mission to revolutionize the home-buying and selling process, making agents' lives better while creating lucrative financial opportunities for them.


For more information, visit https://www.onereal.com/

Location: Remote - Canada. Candidates MUST be based in Canada to be

considered.

Job Summary:

We are seeking a highly motivated Transactions Settlement Specialist to join our dynamic Canadian Transaction Team at Real. In this role, the successful candidate will play a critical part in ensuring the smooth and accurate completion of real estate transactions. Key responsibilities include reviewing and verifying closing transactions for accuracy, settling transactions efficiently, and coordinating outgoing payments with the finance team. The ideal candidate will have a solid understanding of the Canadian Real Estate Transaction process, a keen eye for detail, and a foundation in basic accounting principles. This position requires exceptional organizational skills, the ability to work under tight deadlines, and a commitment to delivering high-quality results in a fast-paced environment.

Duties/Responsibilities:

  • Operate remotely and utilize virtual real estate transaction management platforms

  • Organize and standardize commission documents across all provinces where Real is operating

  • Verify the accuracy of file information across all back-office systems

  • Support agents with managing payment processing platforms and addressing commission disbursement inquiries

  • Reconcile TRS and settlement documents in preparation for the finance team to ensure a seamless and exceptional agent experience

  • Communicate and respond to agent inquiries in a timely manner.

  • Assist and collaborate with other departments within the transactions team

Required Skills/Abilities: 

  • Process and technology minded with a focus on the Real Estate Transaction process

  • Ability to learn new software and adapt to updates

  • Ability to make quick decisions and problem-solve

  • Intermediate accounting knowledge/math skills

  • Conveying, deposits and agent payment experience

  • Team-oriented with a strong focus on delivering exceptional service

Education and Experience:

  • High School graduate or equivalent

  • 3+ years of relevant experience in the Real Estate Transaction process 

Must Have:

  • Ability to truly encompass our Company Core Values

    • Work Hard, Be Kind

    • Tech x Humanity

    • “We” are bigger than “me”

Physical Requirements: 

  • Sit for long periods of time

  • Lift a minimum of 20 pounds

REAL is proud to be an equal opportunity workplace employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.  

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CEO of Real
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Tamir Poleg
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Average salary estimate

$70000 / YEARLY (est.)
min
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$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Transactions Settlement Specialist, Real

Are you ready to take your career to the next level? At Real, we’re on a mission to revolutionize the real estate industry with our cutting-edge technology, and we want you to be a part of that journey as a Transactions Settlement Specialist! Based in Toronto, but operating remotely across Canada, you’ll be a vital player on our dynamic Canadian Transaction Team. Your role will be essential in ensuring that real estate transactions are completed smoothly and accurately. With your eye for detail, you’ll review, verify, and settle transactions efficiently while coordinating outgoing payments with our finance team. If you have a solid grasp of the Canadian Real Estate Transaction process and basic accounting principles, this opportunity is perfect for you! Here, we value exceptional organizational skills and the ability to thrive under tight deadlines. You’ll be leveraging virtual real estate transaction management platforms and ensuring that commission documents are standardized across all provinces. Plus, supporting our agents with payment processing queries will put your communication skills to the test. Join us at Real and be part of a workplace that truly values hard work and kindness. Let’s disrupt the real estate market together and create lucrative opportunities for agents while providing an exceptional experience for everyone involved!

Frequently Asked Questions (FAQs) for Transactions Settlement Specialist Role at Real
What are the primary responsibilities of a Transactions Settlement Specialist at Real?

As a Transactions Settlement Specialist at Real, your primary responsibilities will include reviewing and verifying closing transactions for accuracy, settling transactions efficiently, and coordinating outgoing payments with the finance team. You will also support agents by managing payment processing platforms and addressing any commission disbursement inquiries while ensuring that all documentation meets the standards across the provinces where Real operates.

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What qualifications are necessary to apply for the Transactions Settlement Specialist position at Real?

To apply for the Transactions Settlement Specialist position at Real, candidates should have a high school diploma or equivalent, along with at least 3 years of relevant experience in the Real Estate Transaction process. A solid understanding of the Canadian real estate transaction landscape and basic accounting principles is essential for success in this role.

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What skills should a Transactions Settlement Specialist possess for success at Real?

Successful Transactions Settlement Specialists at Real should be tech-savvy, with the ability to learn new software and adapt to updates quickly. Strong problem-solving skills, intermediate accounting knowledge, and the capability to work under tight deadlines are vital. Additionally, strong communication skills and a commitment to delivering exceptional service are necessary to support agents effectively.

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How does Real support its Transactions Settlement Specialists in their roles?

At Real, we recognize the importance of providing our Transactions Settlement Specialists with the resources they need to thrive. This includes access to leading transaction management platforms, ongoing training opportunities, and a collaborative team environment that encourages communication and support across all departments.

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What is the company culture like for a Transactions Settlement Specialist at Real?

The company culture at Real is centered around our Core Values: Work Hard, Be Kind, Tech x Humanity, and that 'We' are bigger than 'me.' As a Transactions Settlement Specialist, you will be a part of a supportive environment where teamwork and collaboration are encouraged, making it a great place for growth and innovation.

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Common Interview Questions for Transactions Settlement Specialist
Can you describe your experience with real estate transaction processes?

In responding to this question, briefly outline your past roles related to real estate transactions, highlighting specific tasks you've accomplished, such as verifying documents or processing payments. Be sure to mention how your skills align with the responsibilities outlined in the Transactions Settlement Specialist role at Real.

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How do you handle tight deadlines in your work?

When discussing your approach to tight deadlines, provide examples from past experiences where you've successfully managed your time under pressure. Emphasize your organizational skills and any specific techniques you employ to prioritize tasks effectively.

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What software and tools have you used in your previous roles related to transactions?

Be prepared to discuss any transaction management platforms, accounting software, or communication tools you have experience with. Highlight your willingness and ability to learn new tools quickly, as this adaptability is essential for success in the Transactions Settlement Specialist role at Real.

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Describe a time you had to resolve a conflict or issue with an agent or client.

When answering this question, focus on a specific instance where you identified a problem, communicated with the involved parties, and reached a resolution. Exhibit your conflict resolution skills and your commitment to ensuring a smooth transaction process, just as you would in your role at Real.

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What strategies do you use to ensure accuracy in your work?

Discuss specific methods you use to verify and check your work, such as utilizing checklists or employing software tools designed for error reduction. You could also share instances where your attention to detail helped prevent issues in previous roles, showcasing your fit for the Transactions Settlement Specialist position.

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How would you support agents facing payment processing inquiries?

In your response, highlight your customer service approach. Discuss how you would communicate effectively and ensure that any inquiries are addressed promptly and clearly, reinforcing your commitment to supporting agents in their transactions at Real.

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What do you believe are the most important qualities for a Transactions Settlement Specialist?

Take a moment to discuss the qualities you believe are critical—such as strong organization, detail orientation, excellent communication skills, and adaptability. Tie these qualities back to the core values of Real, reinforcing how they align with the company's mission.

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How do you maintain motivation while working remotely?

Share your strategies for staying engaged and productive while working from home. This could include a structured routine, regular communication with colleagues, or using productivity tools that enhance your workflow—demonstrating your active commitment to your role at Real.

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Describe your experience with basic accounting principles.

This is a great opportunity to showcase your familiarity with financial transactions, reconciliations, and any relevant coursework you may have completed. Be specific about how this knowledge applies to the Transactions Settlement Specialist role and ensure you connect your experience back to handling real estate transactions.

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What interests you about working as a Transactions Settlement Specialist at Real?

When answering, focus on your passion for the real estate industry and how Real's mission resonates with you. Highlight your enthusiasm for being part of a team that leverages technology to enhance the transaction process, showcasing your alignment with the company's innovative spirit.

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Building your future, together! Our Values are: Work Hard, Be Kind - We care. We make things happen. Simply Great Service - We provide service from our hearts with skill and experience. Embrace, Resolve, Evolve - Sometimes, things go wrong. We...

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Full-time, remote
DATE POSTED
January 8, 2025

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