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The differences between closing coordinators and title processors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a title processor has an average salary of $42,096, which is higher than the $39,066 average annual salary of a closing coordinator.
The top three skills for a closing coordinator include customer service, escrow and HOA. The most important skills for a title processor are data entry, title commitments, and customer service.
| Closing Coordinator | Title Processor | |
| Yearly salary | $39,066 | $42,096 |
| Hourly rate | $18.78 | $20.24 |
| Growth rate | -3% | 5% |
| Number of jobs | 19,203 | 7,068 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 38% |
| Average age | 42 | 48 |
| Years of experience | 4 | - |
In the real estate industry, a closing coordinator is in charge of coordinating the final stages of a real estate deal, ensuring efficiency and smooth transaction. Among their responsibilities include preparing and processing legal documents, liaising with the buyer and seller, managing timelines and payment plans, and ensuring that both parties adhere to the terms of the agreement. Moreover, a closing coordinator must maintain an active communication line with staff, answering their inquiries, and assisting them as needed.
A title processor is a legal professional who works with clients applying for real estate title to ensure that all documents are submitted correctly. Title processors are required to compile all the necessary legal documents and information so that they can obtain the legal deed to the property. They must work closely with both buyer and the realtor to ensure that their filing is following all local regulations. Title processors can also work with companies to ensure that all the necessary company title documents are complete when they apply for insurance.
Closing coordinators and title processors have different pay scales, as shown below.
| Closing Coordinator | Title Processor | |
| Average salary | $39,066 | $42,096 |
| Salary range | Between $29,000 And $52,000 | Between $30,000 And $58,000 |
| Highest paying City | Kirkland, WA | Laurel, MD |
| Highest paying state | Washington | New York |
| Best paying company | HarbourVest | BNP Paribas |
| Best paying industry | Finance | Insurance |
There are a few differences between a closing coordinator and a title processor in terms of educational background:
| Closing Coordinator | Title Processor | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between closing coordinators' and title processors' demographics:
| Closing Coordinator | Title Processor | |
| Average age | 42 | 48 |
| Gender ratio | Male, 20.8% Female, 79.2% | Male, 17.3% Female, 82.7% |
| Race ratio | Black or African American, 12.7% Unknown, 4.7% Hispanic or Latino, 15.8% Asian, 6.3% White, 59.9% American Indian and Alaska Native, 0.6% | Black or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 7% | 8% |