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Real estate closer vs real estate paralegal

The differences between real estate closers and real estate paralegals can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate paralegal has an average salary of $68,387, 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 paralegal are law firm, litigation, and due diligence.

Real estate closer vs real estate paralegal overview

Real Estate CloserReal Estate Paralegal
Yearly salary$38,896$68,387
Hourly rate$18.70$32.88
Growth rate5%14%
Number of jobs20,01624,369
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 52%
Average age4946
Years of experience-12

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 paralegal do?

A Real Estate Paralegal helps real estate lawyers with a variety of tasks, such as offering advice to clients, doing research, and preparing documents. They collaborate with landlords, housing managers, or other real estate personnel.

Real estate closer vs real estate paralegal salary

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

Real Estate CloserReal Estate Paralegal
Average salary$38,896$68,387
Salary rangeBetween $26,000 And $57,000Between $49,000 And $94,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyCitiKane Russell Coleman Logan
Best paying industry-Finance

Differences between real estate closer and real estate paralegal education

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

Real Estate CloserReal Estate Paralegal
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 52%
Most common majorBusinessLegal Support Services
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Real estate closer vs real estate paralegal demographics

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

Real Estate CloserReal Estate Paralegal
Average age4946
Gender ratioMale, 33.4% Female, 66.6%Male, 13.8% Female, 86.2%
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, 9.9% Unknown, 4.9% Hispanic or Latino, 18.1% Asian, 6.0% White, 60.6% American Indian and Alaska Native, 0.4%
LGBT Percentage13%9%

Differences between real estate closer and real estate paralegal 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 paralegal example responsibilities.

  • Manage BPO and MMR reports on properties.
  • Manage a social marketing image for the agency (Facebook).
  • Manage national referrals for quiet title actions, injunctions, wrongful foreclosures, and appeals.
  • Achieve sole responsibility for administration of all estates and guardianships.
  • Communicate directly with lenders in various states, completing affidavits and ensuring that they are properly record and organize.
  • Prepare forms for the MLS submission.
  • Show more

Real estate closer vs real estate paralegal 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 paralegal skills
  • Law Firm, 14%
  • Litigation, 9%
  • Due Diligence, 9%
  • Probate, 4%
  • Estoppel, 4%
  • Affidavits, 4%