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Real estate consultant vs closing agent

The differences between real estate consultants and closing agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, which is higher than the $47,582 average annual salary of a closing agent.

The top three skills for a real estate consultant include customer service, real estate market and project management. The most important skills for a closing agent are settlement statements, escrow accounts, and notary.

Real estate consultant vs closing agent overview

Real Estate ConsultantClosing Agent
Yearly salary$92,358$47,582
Hourly rate$44.40$22.88
Growth rate5%5%
Number of jobs22,42827,073
Job satisfaction4-
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 46%
Average age4949
Years of experience--

Real estate consultant vs closing agent salary

Real estate consultants and closing agents have different pay scales, as shown below.

Real Estate ConsultantClosing Agent
Average salary$92,358$47,582
Salary rangeBetween $61,000 And $138,000Between $34,000 And $65,000
Highest paying CityBoston, MA-
Highest paying stateMassachusetts-
Best paying companyMarcus & Millichap-
Best paying industryFinance-

Differences between real estate consultant and closing agent education

There are a few differences between a real estate consultant and a closing agent in terms of educational background:

Real Estate ConsultantClosing Agent
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 46%
Most common majorBusinessBusiness
Most common college--

Real estate consultant vs closing agent demographics

Here are the differences between real estate consultants' and closing agents' demographics:

Real Estate ConsultantClosing Agent
Average age4949
Gender ratioMale, 61.5% Female, 38.5%Male, 24.2% Female, 75.8%
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, 6.7% White, 70.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate consultant and closing agent duties and responsibilities

Real estate consultant example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
  • Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
  • Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Train on the MLS, and all state approve contracts and systems.
  • Show more

Closing agent example responsibilities.

  • Manage escrow department for title insurance company.
  • Work as a mobile notary for various banks, mortgage companies, title and signing services.
  • Schedule, arrange, process, close and disburse REO auction sale transactions in the state of Wisconsin.
  • Certify signing agent/commission notary public - Oregon.
  • Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
  • Work directly with the VP of procurement to provide education concerning legal contract implementation.

Real estate consultant vs closing agent skills

Common real estate consultant skills
  • Customer Service, 11%
  • Real Estate Market, 9%
  • Project Management, 6%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Real Estate Sales, 5%
Common closing agent skills
  • Settlement Statements, 14%
  • Escrow Accounts, 9%
  • Notary, 9%
  • HUD-1, 8%
  • Title Commitments, 7%
  • Loan Closings, 5%