What Is a Transaction Manager and How to Become One

By ZipRecruiter Marketplace Research Team

A transaction manager oversees each phase of real estate transactions for a company, from application to closing. The qualifications for a career as a transaction manager include a bachelor’s degree in accounting, business administration, or a similar field. You also need experience in the real estate industry. Strong organizational and leadership skills are a must. As a transaction manager, your job duties include handling legal and financial matters, monitoring liabilities, coordinating leases, subleases, and purchases, finding real estate opportunities that align with company goals, and utilizing resources to negotiate the best deals for your company.

The qualifications to get a job as a transaction manager vary depending on the company but usually include a bachelor's degree and several years of experience as a transaction coordinator in real estate. Some employers may also accept or prefer applicants who have a law degree or paralegal background. Most companies also expect applicants to be licensed as real estate professionals before they start a career in this field. Helpful skills for this position include attention to detail, a process-oriented mindset, and the ability to coordinate a complex schedule in a time-sensitive environment. Leadership training is useful for this position, though rarely a requirement.