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Real estate closer vs closer

The differences between real estate closers and closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate closer has an average salary of $38,896, which is higher than the $29,291 average annual salary of a closer.

The top three skills for a real estate closer include escrow, settlement statements and data entry. The most important skills for a closer are customer service, cleanliness, and punctuality.

Real estate closer vs closer overview

Real Estate CloserCloser
Yearly salary$38,896$29,291
Hourly rate$18.70$14.08
Growth rate5%4%
Number of jobs20,0167,560
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 35%
Average age4945
Years of experience-6

What does a real estate closer do?

A real estate closer is primarily in charge of closing real estate sales, liaising with buyers and sellers most of the time. Their responsibilities typically include preparing and processing legal documents, coordinating with attorneys, delivering paperwork to all parties, and completing all requirements. They must also schedule inspections, appraisals, regular maintenance checks, and repairs when necessary. Furthermore, as a real estate closer, it is essential to maintain an active communication line with all parties involved in real estate sales, all while adhering to the company's policies and regulations.

What does a closer do?

The duties of a closer depend on one's line of work or industry of employment. Typically, their responsibilities revolve around liaising with clients to ensure that they understand and adhere to all terms of the agreement, completing all requirements and necessary documents, and maintaining records of all transactions. A closer must also monitor the regular payments of clients to ensure their compliance with the agreement, answer any inquiries, perform follow-up calls, and address any issues or concerns, resolving them promptly and efficiently.

Real estate closer vs closer salary

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

Real Estate CloserCloser
Average salary$38,896$29,291
Salary rangeBetween $26,000 And $57,000Between $20,000 And $40,000
Highest paying CityNew York, NYGreece, NY
Highest paying stateNew YorkHawaii
Best paying companyCitiGPAC
Best paying industry--

Differences between real estate closer and closer education

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

Real Estate CloserCloser
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 35%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Real estate closer vs closer demographics

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

Real Estate CloserCloser
Average age4945
Gender ratioMale, 33.4% Female, 66.6%Male, 45.0% Female, 55.0%
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, 9.4% Unknown, 4.6% Hispanic or Latino, 16.3% Asian, 6.1% White, 63.1% American Indian and Alaska Native, 0.5%
LGBT Percentage13%8%

Differences between real estate closer and closer 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.

Closer example responsibilities.

  • Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
  • Process conventional, FHA, VA and USDA loans, clearing conditions before submission.
  • Clear property conditions for insurance and title on all FHA, VA and USDA loans.
  • Submit information to mortgage insurance carriers, FHA, VA, FHLMC, and FNMA for workout alternatives to foreclosure.
  • Coordinate with foreclosure and eviction and litigation teams to ensure properties are in transferable condition prior to closing.
  • Prepare high volume of loan closing packages under a variety of loan programs including conventional, FHA and VA.
  • Show more

Real estate closer vs closer 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 closer skills
  • Customer Service, 42%
  • Cleanliness, 31%
  • Punctuality, 8%
  • Dependability, 4%
  • Food Orders, 4%
  • Work Ethic, 1%