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What is a real estate closer and how to become one
The final step that you need to accomplish when buying a house is closing. However, this is not always easy to do and can even be as tedious as the other parts of home acquisition. Luckily, there are real estate closers whose jobs are to help owners finally seal the deal on their dream homes. A real estate closer is responsible for collecting every document that is relevant to the deal, arranging meetings with everyone involved (sellers, buyers, real estate agents, lawyers, etc.), and ensuring that the deal abides with all legal requirements before it reaches closing. Sometimes, they also arrange for home inspections, handle repairs, and coordinate with regulatory bodies when needed.
If you want to become a real estate closer, having a degree in business can be a great advantage. However, it is not always necessary, and you can acquire this role with a high school diploma. What's more important is experience and knowledge with real estate deals, insurance policies, and all relevant real estate acquisitions laws. When it comes to salary, the average income of a Real Estate Closer is around $20 an hour or roughly $42,000 a year, depending on your experience and expertise.
What general advice would you give to a real estate closer?
Dave Bunton
President, The Appraisal Foundation
Avg. Salary $38,896
Avg. Salary $59,228
Growth rate 5%
Growth rate 0.3%
American Indian and Alaska Native 0.32%
Asian 6.97%
Black or African American 5.39%
Hispanic or Latino 13.52%
Unknown 4.32%
White 69.48%
Genderfemale 66.56%
male 33.44%
Age - 50American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 50Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Real estate closer career paths
Key steps to become a real estate closer
Explore real estate closer education requirements
Start to develop specific real estate closer skills
Skills Percentages Escrow 13.30% Settlement Statements 6.01% Data Entry 5.97% Property Management 5.50% Mortgage Loans 5.38% Complete relevant real estate closer training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New real estate closers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a real estate closer based on U.S. Bureau of Labor Statistics data and data from real real estate closer resumes.Obtain the necessary licensing
Becoming a licensed real estate closer usually doesn't require a college degree. However, you need to pass an exam to become a licensed real estate closer in most of states. 34 states require real estate closers to have license for their work. You can see the list of states below.State Education Exam License url Maryland Degree required State exam required REAL ESTATE SALESPERSON Arkansas Specific course required State exam required Real Estate Salesperson California Degree required State exam required Real Estate Salesperson Connecticut Specific course required State exam required Real Estate Salesperson Delaware Degree required State exam required Real Estate Sales Agent Research real estate closer duties and 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
Prepare your real estate closer resume
When your background is strong enough, you can start writing your real estate closer resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a real estate closer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable real estate closer resume templates
Build a professional real estate closer resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your real estate closer resume.
Apply for real estate closer jobs
Now it's time to start searching for a real estate closer job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first real estate closer job
Are you a real estate closer?
Share your story for a free salary report.
Average real estate closer salary
The average real estate closer salary in the United States is $38,896 per year or $19 per hour. Real estate closer salaries range between $26,000 and $57,000 per year.
What am I worth?
How do real estate closers rate their job?
Real estate closer reviews
My own schedule and meeting great people.
No guarantee on income or relevance
Flexible Schedule. Accompanying New Agents with business operation skills, critical communication skills, contract negotiation, problem solving, proactive approach to obtaining purchase agreement, assisting brokers with avenues to increase network for sales agent, conducting feasibility study for outmoded business models, providing ongoing business operation training, training programs for leadership/business development, building trust for agent sustainability.
Continuous solicitation of businesses to sustain. Louisiana has small window for Real Estate Consultants.
Flexibility and potential for making great money.
Not knowing where my next paycheck is coming from. Being unemployed in between clients.
Updated January 8, 2025
