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Real estate closer vs broker in charge

The differences between real estate closers and brokers in charge can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker in charge has an average salary of $60,362, which is higher than the $38,896 average annual salary of a real estate closer.

The top three skills for a real estate closer include escrow, settlement statements and data entry. The most important skills for a broker in charge are property management, trust accounts, and MLS.

Real estate closer vs broker in charge overview

Real Estate CloserBroker In Charge
Yearly salary$38,896$60,362
Hourly rate$18.70$29.02
Growth rate5%5%
Number of jobs20,0167,036
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 71%
Average age4949
Years of experience--

Real estate closer vs broker in charge salary

Real estate closers and brokers in charge have different pay scales, as shown below.

Real Estate CloserBroker In Charge
Average salary$38,896$60,362
Salary rangeBetween $26,000 And $57,000Between $41,000 And $88,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyCiti-
Best paying industry--

Differences between real estate closer and broker in charge education

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

Real Estate CloserBroker In Charge
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate closer vs broker in charge demographics

Here are the differences between real estate closers' and brokers in charge' demographics:

Real Estate CloserBroker In Charge
Average age4949
Gender ratioMale, 33.4% Female, 66.6%Male, 44.3% Female, 55.7%
Race ratioBlack 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%Black or African American, 5.9% Unknown, 4.4% Hispanic or Latino, 11.5% Asian, 7.6% White, 70.3% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate closer and broker in charge duties and responsibilities

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 in charge example responsibilities.

  • Manage all accounting, payroll, marketing, sales and training.
  • Manage payroll, accounting, collections, accounts payable/receivable and bookkeeping for company's expenses.
  • Manage daily operations of real estate firm including recruitment, licenses, renewals, MLS compliance, and contract preparation.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Develop and facilitate special events, PowerPoint presentations, spreadsheets.

Real estate closer vs broker in charge skills

Common real estate closer skills
  • Escrow, 13%
  • Settlement Statements, 6%
  • Data Entry, 6%
  • Property Management, 5%
  • Mortgage Loans, 5%
  • Real Estate Closings, 5%
Common broker in charge skills
  • Property Management, 12%
  • Trust Accounts, 9%
  • MLS, 9%
  • Financial Institutions, 6%
  • Escrow, 6%
  • Payroll, 6%