Realtor vs escrow closer

The differences between realtors and escrow closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an escrow closer has an average salary of $43,588, which is higher than the $38,290 average annual salary of a realtor.

The top three skills for a realtor include residential real estate, open houses and purchase agreements. The most important skills for an escrow closer are settlement statements, notary, and real estate contracts.

Realtor vs escrow closer overview

	Realtor	Escrow Closer
Yearly salary	$38,290	$43,588
Hourly rate	$18.41	$20.96
Growth rate	5%	5%
Number of jobs	7,482	3,182
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 45%
Average age	49	49
Years of experience	-	-

Realtor vs escrow closer salary

Realtors and escrow closers have different pay scales, as shown below.

	Realtor	Escrow Closer
Average salary	$38,290	$43,588
Salary range	Between $27,000 And $53,000	Between $31,000 And $61,000
Highest paying City	San Antonio, TX	-
Highest paying state	Connecticut	-
Best paying company	Berkshire Hathaway Homeservices Alliance Real Estate	-
Best paying industry	Real Estate	-

Differences between realtor and escrow closer education

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

	Realtor	Escrow Closer
Most common degree	Bachelor's Degree, 60%	Bachelor's Degree, 45%
Most common major	Business	Business
Most common college	-	-

Realtor vs escrow closer demographics

Here are the differences between realtors' and escrow closers' demographics:

	Realtor	Escrow Closer
Average age	49	49
Gender ratio	Male, 40.2% Female, 59.8%	Male, 10.4% Female, 89.6%
Race ratio	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% 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 Percentage	13%	13%

Differences between realtor and escrow closer duties and responsibilities

Realtor example responsibilities.

Process funds and manage accounts through QuickBooks.
Manage scheduling and develop computer reports and MLS listings, create PowerPoint presentations, marketing materials and handle advertising.
Place and remove signs & lockboxes.
Make entries into QuickBooks; reconcile monthly bank statements.
Install yard signs, directional signs and lockboxes on each listing.
Coordinate social media advertisements by posting updates to Facebook, LinkedIn, and Pinterest accounts.

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.

Realtor vs escrow closer skills

Common realtor skills

Residential Real Estate, 22%
Open Houses, 9%
Purchase Agreements, 6%
Comparative Market Analysis, 5%
Real Estate Sales, 4%
Real Estate Contracts, 4%

Common escrow closer skills

Settlement Statements, 25%
Notary, 15%
Real Estate Contracts, 13%
Title Insurance, 10%
Estate Closings, 8%
Title Commitments, 6%

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Realtor vs Escrow Closer

Updated January 8, 2025

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