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Broker realtor vs real estate closer

The differences between broker realtors and real estate closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker realtor has an average salary of $40,805, which is higher than the $38,896 average annual salary of a real estate closer.

The top three skills for a broker realtor include purchase agreements, real estate sales and sales contracts. The most important skills for a real estate closer are escrow, settlement statements, and data entry.

Broker realtor vs real estate closer overview

Broker RealtorReal Estate Closer
Yearly salary$40,805$38,896
Hourly rate$19.62$18.70
Growth rate5%5%
Number of jobs8,88520,016
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 48%
Average age4949
Years of experience--

Broker realtor vs real estate closer salary

Broker realtors and real estate closers have different pay scales, as shown below.

Broker RealtorReal Estate Closer
Average salary$40,805$38,896
Salary rangeBetween $27,000 And $60,000Between $26,000 And $57,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Citi
Best paying industry--

Differences between broker realtor and real estate closer education

There are a few differences between a broker realtor and a real estate closer in terms of educational background:

Broker RealtorReal Estate Closer
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker realtor vs real estate closer demographics

Here are the differences between broker realtors' and real estate closers' demographics:

Broker RealtorReal Estate Closer
Average age4949
Gender ratioMale, 42.7% Female, 57.3%Male, 33.4% Female, 66.6%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% 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 Percentage13%13%

Differences between broker realtor and real estate closer duties and responsibilities

Broker realtor example responsibilities.

  • Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
  • Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
  • Identify data trends in a volatile market and analyze data from MLS to develop and evaluate marketing strategy and implement solutions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Show more

Real estate closer example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Select, prepare, analyze, track and assemble required documentation in accordance with VA, FHA and conventional guidelines.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Implement sales training courses for FHA/VA and all community/bond lending for company's loan officers
  • Follow up on delinquent tenants and coordinate collection procedures including court evictions.

Broker realtor vs real estate closer skills

Common broker realtor skills
  • Purchase Agreements, 16%
  • Real Estate Sales, 14%
  • Sales Contracts, 9%
  • Comparative Market Analysis, 6%
  • Open Houses, 5%
  • Property Management, 4%
Common real estate closer skills
  • Escrow, 13%
  • Settlement Statements, 6%
  • Data Entry, 6%
  • Property Management, 5%
  • Mortgage Loans, 5%
  • Real Estate Closings, 5%