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Real estate closer vs real estate account executive

The differences between real estate closers and real estate account executives can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate account executive has an average salary of $62,875, 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 real estate account executive are journal entries, financial reports, and yardi.

Real estate closer vs real estate account executive overview

Real Estate CloserReal Estate Account Executive
Yearly salary$38,896$62,875
Hourly rate$18.70$30.23
Growth rate5%5%
Number of jobs20,016116,049
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 77%
Average age4949
Years of experience--

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 real estate account executive do?

Reading specialists require a plethora of skills, such as a background in grade school education, experience in helping struggling readers, language fluency, and reading comprehension. Responsibilities include teaching and evaluating instructions for students that need assistance in reading and writing. This may take place in both small groups and classroom settings.

Real estate closer vs real estate account executive salary

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

Real Estate CloserReal Estate Account Executive
Average salary$38,896$62,875
Salary rangeBetween $26,000 And $57,000Between $44,000 And $89,000
Highest paying CityNew York, NYWhite Plains, NY
Highest paying stateNew YorkNew York
Best paying companyCitiGoogle
Best paying industry-Real Estate

Differences between real estate closer and real estate account executive education

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

Real Estate CloserReal Estate Account Executive
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 77%
Most common majorBusinessAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate closer vs real estate account executive demographics

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

Real Estate CloserReal Estate Account Executive
Average age4949
Gender ratioMale, 33.4% Female, 66.6%Male, 47.7% Female, 52.3%
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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate closer and real estate account executive 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.

Real estate account executive example responsibilities.

  • Accomplish a deep understanding and application of MRI and Yardi accounting systems.
  • Achieve all sales targets for SaaS product targeting service-base businesses requiring an automate customer retention and relationship management tool.
  • Prepare accounts payable, accounts receivable, general ledger entries, bond amortizations, fund accounting and depreciation schedules via Yardi.
  • Analyze and prepare monthly GAAP financial statements, including all supporting schedules as required.
  • Analyze and reimburse year-end expense reconciliations from landlords, delegating reconciliation research to staff as able.
  • Perform reconciliations, periodic reporting and preparation of year end statements for wholly own real estate portfolio.
  • Show more

Real estate closer vs real estate account executive 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 real estate account executive skills
  • Journal Entries, 12%
  • Financial Reports, 10%
  • Yardi, 9%
  • GAAP, 9%
  • Financial Analysis, 9%
  • Reconciliations, 8%