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Real estate consultant vs escrow closer

The differences between real estate consultants and escrow closers 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 $43,588 average annual salary of an escrow closer.

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

Real estate consultant vs escrow closer overview

Real Estate ConsultantEscrow Closer
Yearly salary$92,358$43,588
Hourly rate$44.40$20.96
Growth rate5%5%
Number of jobs22,4283,182
Job satisfaction4-
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 45%
Average age4949
Years of experience--

Real estate consultant vs escrow closer salary

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

Real Estate ConsultantEscrow Closer
Average salary$92,358$43,588
Salary rangeBetween $61,000 And $138,000Between $31,000 And $61,000
Highest paying CityBoston, MA-
Highest paying stateMassachusetts-
Best paying companyMarcus & Millichap-
Best paying industryFinance-

Differences between real estate consultant and escrow closer education

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

Real Estate ConsultantEscrow Closer
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Real estate consultant vs escrow closer demographics

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

Real Estate ConsultantEscrow Closer
Average age4949
Gender ratioMale, 61.5% Female, 38.5%Male, 10.4% Female, 89.6%
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, 6.4% White, 70.2% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate consultant and escrow closer 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

Escrow closer example responsibilities.

  • Manage escrow department for title insurance company.
  • Coordinate REO property closings with agents, lenders and buyers.
  • Officiate and serve as notary public for residential real estate transactions.
  • Process purchase transactions for buyers and sellers by ordering payoffs, HOA, bills, utilities etc.
  • Verify pricing, points, credits, and all escrow information for FHA, VA and MHDC purchase statements.
  • Order HOA resale documents, home warranties, payoffs, clear funding conditions, disburse funds and administer all post-closing procedures.
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Real estate consultant vs escrow closer 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 escrow closer skills
  • Settlement Statements, 25%
  • Notary, 15%
  • Real Estate Contracts, 13%
  • Title Insurance, 10%
  • Estate Closings, 8%
  • Title Commitments, 6%