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The differences between closing managers and team lead/managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a closing manager and a team lead/manager. Additionally, a team lead/manager has an average salary of $88,042, which is higher than the $60,249 average annual salary of a closing manager.
The top three skills for a closing manager include customer service, cleanliness and escrow. The most important skills for a team lead/manager are excellent interpersonal, customer service, and cleanliness.
| Closing Manager | Team Lead/Manager | |
| Yearly salary | $60,249 | $88,042 |
| Hourly rate | $28.97 | $42.33 |
| Growth rate | 6% | 8% |
| Number of jobs | 107,728 | 194,880 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 56% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A Closing Manager communicates and interacts with performance teams, Quality Review teams, and other managers to ensure staffing needs match the profit, loss, and capacity plan. They confirm that all team members meet the required work expectation quality. In addition to setting and managing production and work quality expectations, Closing Managers also use positive reinforcement, recognition, and team building activities to encourage and lead staff to success. They also control and send daily production email messages with current production issues, production tips, and more.
A team lead or manager is an individual who is responsible for guiding and directing employees so that they can achieve efficient operations within the organization. Team leads manage all the activities of their employees and distribute information to them as well as stakeholders. They provide coaching and training to employees so that they can achieve goals and developed the necessary skills that get results. The team also leads set ground rules and properly assigns tasks to employees so that they can avoid conflicts among staff.
Closing managers and team lead/managers have different pay scales, as shown below.
| Closing Manager | Team Lead/Manager | |
| Average salary | $60,249 | $88,042 |
| Salary range | Between $33,000 And $108,000 | Between $53,000 And $144,000 |
| Highest paying City | New York, NY | Santa Rosa, CA |
| Highest paying state | Rhode Island | Rhode Island |
| Best paying company | Better | |
| Best paying industry | - | - |
There are a few differences between a closing manager and a team lead/manager in terms of educational background:
| Closing Manager | Team Lead/Manager | |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 56% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Delhi | SUNY College of Technology at Delhi |
Here are the differences between closing managers' and team lead/managers' demographics:
| Closing Manager | Team Lead/Manager | |
| Average age | 43 | 43 |
| Gender ratio | Male, 47.0% Female, 53.0% | Male, 55.8% Female, 44.2% |
| Race ratio | Black or African American, 9.4% Unknown, 4.7% Hispanic or Latino, 16.9% Asian, 6.4% White, 61.9% American Indian and Alaska Native, 0.7% | Black or African American, 9.0% Unknown, 4.7% Hispanic or Latino, 17.2% Asian, 7.3% White, 61.2% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 9% | 9% |