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The differences between associate brokers and real estate closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate broker has an average salary of $64,361, which is higher than the $38,896 average annual salary of a real estate closer.
The top three skills for an associate broker include excellent client, real estate sales and financial resources. The most important skills for a real estate closer are escrow, settlement statements, and data entry.
| Associate Broker | Real Estate Closer | |
| Yearly salary | $64,361 | $38,896 |
| Hourly rate | $30.94 | $18.70 |
| Growth rate | 5% | 5% |
| Number of jobs | 8,836 | 20,016 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 48% |
| Average age | 49 | 49 |
| Years of experience | - | - |
An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.
A real estate closer is primarily in charge of closing real estate sales, liaising with buyers and sellers most of the time. Their responsibilities typically include preparing and processing legal documents, coordinating with attorneys, delivering paperwork to all parties, and completing all requirements. They must also schedule inspections, appraisals, regular maintenance checks, and repairs when necessary. Furthermore, as a real estate closer, it is essential to maintain an active communication line with all parties involved in real estate sales, all while adhering to the company's policies and regulations.
Associate brokers and real estate closers have different pay scales, as shown below.
| Associate Broker | Real Estate Closer | |
| Average salary | $64,361 | $38,896 |
| Salary range | Between $38,000 And $106,000 | Between $26,000 And $57,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Cushman & Wakefield | Citi |
| Best paying industry | Finance | - |
There are a few differences between an associate broker and a real estate closer in terms of educational background:
| Associate Broker | Real Estate Closer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between associate brokers' and real estate closers' demographics:
| Associate Broker | Real Estate Closer | |
| Average age | 49 | 49 |
| Gender ratio | Male, 52.5% Female, 47.5% | Male, 33.4% Female, 66.6% |
| Race ratio | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3% | Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |