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Associate realtor vs escrow closer

The differences between associate realtors and escrow closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an escrow closer has an average salary of $43,588, 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 an escrow closer are settlement statements, notary, and real estate contracts.

Associate realtor vs escrow closer overview

Associate RealtorEscrow Closer
Yearly salary$40,356$43,588
Hourly rate$19.40$20.96
Growth rate5%5%
Number of jobs7,6203,182
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 45%
Average age4949
Years of experience--

Associate realtor vs escrow closer salary

Associate realtors and escrow closers have different pay scales, as shown below.

Associate RealtorEscrow Closer
Average salary$40,356$43,588
Salary rangeBetween $28,000 And $57,000Between $31,000 And $61,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between associate realtor and escrow closer education

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

Associate RealtorEscrow Closer
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Associate realtor vs escrow closer demographics

Here are the differences between associate realtors' and escrow closers' demographics:

Associate RealtorEscrow Closer
Average age4949
Gender ratioMale, 43.5% Female, 56.5%Male, 10.4% Female, 89.6%
Race ratioBlack 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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.4% White, 70.2% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between associate realtor and escrow closer 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.
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Escrow closer example responsibilities.

  • Manage escrow department for title insurance company.
  • Coordinate REO property closings with agents, lenders and buyers.
  • Officiate and serve as notary public for residential real estate transactions.
  • Process purchase transactions for buyers and sellers by ordering payoffs, HOA, bills, utilities etc.
  • Verify pricing, points, credits, and all escrow information for FHA, VA and MHDC purchase statements.
  • Order HOA resale documents, home warranties, payoffs, clear funding conditions, disburse funds and administer all post-closing procedures.
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Associate realtor vs escrow closer 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 escrow closer skills
  • Settlement Statements, 25%
  • Notary, 15%
  • Real Estate Contracts, 13%
  • Title Insurance, 10%
  • Estate Closings, 8%
  • Title Commitments, 6%