Associate realtor vs closing agent

The differences between associate realtors and closing agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a closing agent has an average salary of $47,582, which is higher than the $40,356 average annual salary of an associate realtor.

The top three skills for an associate realtor include residential real estate, purchase agreements and open houses. The most important skills for a closing agent are settlement statements, escrow accounts, and notary.

Associate realtor vs closing agent overview

	Associate Realtor	Closing Agent
Yearly salary	$40,356	$47,582
Hourly rate	$19.40	$22.88
Growth rate	5%	5%
Number of jobs	7,620	27,073
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 46%
Average age	49	49
Years of experience	-	-

Associate realtor vs closing agent salary

Associate realtors and closing agents have different pay scales, as shown below.

	Associate Realtor	Closing Agent
Average salary	$40,356	$47,582
Salary range	Between $28,000 And $57,000	Between $34,000 And $65,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between associate realtor and closing agent education

There are a few differences between an associate realtor and a closing agent in terms of educational background:

	Associate Realtor	Closing Agent
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 46%
Most common major	Business	Business
Most common college	-	-

Associate realtor vs closing agent demographics

Here are the differences between associate realtors' and closing agents' demographics:

	Associate Realtor	Closing Agent
Average age	49	49
Gender ratio	Male, 43.5% Female, 56.5%	Male, 24.2% Female, 75.8%
Race ratio	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.1% Asian, 6.8% White, 70.1% American Indian and Alaska Native, 0.3%	Black or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.7% White, 70.4% American Indian and Alaska Native, 0.3%
LGBT Percentage	13%	13%

Differences between associate realtor and closing agent duties and responsibilities

Associate realtor example responsibilities.

Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Monitor daily activity through MLS, prepare contracts, and assist with preparation in closings.
Input data listing sheets for MLS, process paperwork and commission checks for disbursement, escrow account, payroll.
Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
Ensure REO properties are secured and free from trespass and potential hazards.
Account management of office Fannie Mae REO listings, such as BPO's, work orders and pipeline management.

Closing agent example responsibilities.

Manage escrow department for title insurance company.
Work as a mobile notary for various banks, mortgage companies, title and signing services.
Schedule, arrange, process, close and disburse REO auction sale transactions in the state of Wisconsin.
Certify signing agent/commission notary public - Oregon.
Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
Work directly with the VP of procurement to provide education concerning legal contract implementation.

Associate realtor vs closing agent skills

Common associate realtor skills

Residential Real Estate, 23%
Purchase Agreements, 15%
Open Houses, 7%
MLS, 5%
Escrow Companies, 4%
Real Estate Sales, 4%

Common closing agent skills

Settlement Statements, 14%
Escrow Accounts, 9%
Notary, 9%
HUD-1, 8%
Title Commitments, 7%
Loan Closings, 5%

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Associate Realtor
Associate Realtor vs Closing Agent

Updated January 8, 2025

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