When buying a house, clients want a real estate closer with a touch of OCD. That's because this is the person who holds onto every piece of paper about the sale of the property, organizes every meeting that needs to take place, and checks to make sure all laws are followed before the deal is finalized.
In the real estate world, this job starts after a real estate agent completes a sale. The real estate closer arranges a closing date, working with the buyer, seller, agents, closing attorney, and anyone else who needs to be involved. The real estate closer also makes sure to meet all local, state, and federal requirements in the property's selling, then gives everyone concerned a copy of the paperwork proving those requirements were satisfied. The job doesn't end after a property closes because they also schedule any inspections, repairs, or appraisals needed on the house.
Real state closers can make an average salary of $30,335 per year or $15 per hour.
There is more than meets the eye when it comes to being a real estate closer. For example, did you know that they make an average of $20.27 an hour? That's $42,152 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 32,400 job opportunities across the U.S.
There are certain skills that many real estate closers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed business skills, problem-solving skills and organizational skills.
When it comes to the most important skills required to be a real estate closer, we found that a lot of resumes listed 19.9% of real estate closers included loan portfolio, while 18.2% of resumes included real estate, and 10.9% of resumes included title companies. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the real estate closer job title. But what industry to start with? Most real estate closers actually find jobs in the finance and real estate industries.
If you're interested in becoming a real estate closer, one of the first things to consider is how much education you need. We've determined that 38.3% of real estate closers have a bachelor's degree. In terms of higher education levels, we found that 7.8% of real estate closers have master's degrees. Even though some real estate closers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a real estate closer. When we researched the most common majors for a real estate closer, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on real estate closer resumes include associate degree degrees or master's degree degrees.
You may find that experience in other jobs will help you become a real estate closer. In fact, many real estate closer jobs require experience in a role such as administrative assistant. Meanwhile, many real estate closers also have previous career experience in roles such as legal assistant or office manager.