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Real estate closer vs real estate sales associate

The differences between real estate closers and real estate sales associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, 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 sales associate are lead generation, real estate market, and commercial property.

Real estate closer vs real estate sales associate overview

Real Estate CloserReal Estate Sales Associate
Yearly salary$38,896$92,941
Hourly rate$18.70$44.68
Growth rate5%5%
Number of jobs20,016148,646
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 60%
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 sales associate do?

A Real Estate Associate helps clients rent, buy, and sell properties. They also advertise clients properties to other realtors and potential buyers, as well as negotiate contracts with buyers and agents by acting on their behalf.

Real estate closer vs real estate sales associate salary

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

Real Estate CloserReal Estate Sales Associate
Average salary$38,896$92,941
Salary rangeBetween $26,000 And $57,000Between $62,000 And $139,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkMassachusetts
Best paying companyCitiGreenberg Traurig
Best paying industry-Professional

Differences between real estate closer and real estate sales associate education

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

Real Estate CloserReal Estate Sales Associate
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Real estate closer vs real estate sales associate demographics

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

Real Estate CloserReal Estate Sales Associate
Average age4949
Gender ratioMale, 33.4% Female, 66.6%Male, 47.1% Female, 52.9%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate closer and real estate sales associate 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 sales associate example responsibilities.

  • Manage REO listings, complete BPOs, property checks, negotiate offers and manage closings.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare legal documents such as HUD-1 settlement statement, sales contracts, leasing agreements, etc.
  • Perform foreclosure inspections and price opinions on REO properties.
  • Prepare real estate closing documents to include HUD settlement statement and RESPA documents.
  • Provide notary services as needed for legal documentation (notary license still current).
  • Show more

Real estate closer vs real estate sales associate 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 sales associate skills
  • Lead Generation, 24%
  • Real Estate Market, 12%
  • Commercial Property, 11%
  • Open Houses, 10%
  • Residential Real Estate, 7%
  • Customer Service, 6%