Will “Closing Coordinator” be Replaced By Robots? 🤔
86% Chance of Automation
“Closing Coordinator” will probably be replaced by robots.
This job is ranked #497 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
Job Details
- The SOC (Standard Occupational Classification) code is 41-9022.00
- The Mean Annual Wage in the U.S. is $ 59,360.00
- The Mean Hourly Wage is $ 28.00
- Currently, there are 151,840 people on this job
☝️ Information based on the reference occupation “Real Estate Sales Agents”.
Also Known As…
- Real Estate Sales Agents
- Sales Agent
- Realtor
- Real Estate Salesperson
- Real Estate Broker Associate
- Real Estate Broker
- Real Estate Agent
- Broker in Charge
- Broker Associate
- Associate Broker
- Sales Superintendent
- Sales Specialist
- Sales Representative
- Sales Professional
- Sales Consultant
- Right-of-Way Buyer
- Right-of-Way Agent
- Right of Way Agent
- Residential Property Consultant
- Residence Leasing Agent
- Rental Sales Agent
- Real Estate Sales Associate
- Real Estate Sales Agent
- Real Estate Rental Agent
- Real Estate Professional
- Real Estate Listing Consultant
- Real Estate Closer
- Real Estate Agent/Broker
- Leasing Specialist
- Leasing Professional
- Leasing Consultant
- Leasing Agent
- Land Sales Agent
- Land Agent
- Industrial Real Estate Agent
- Contracts Specialist
- Closing Agent
- Buyers' Agent
- Building Consultant
- Apartment Rental Agent
- Apartment Leasing Consultant
- Apartment Leasing Agent
- Agricultural Real Estate Agent
- Agent
Tasks for “Closing Coordinator”
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Coordinate appointments to show homes to prospective buyers.
- Appraise properties to determine loan values.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Secure construction or purchase financing with own firm or mortgage company.
- Advise sellers on how to make homes more appealing to potential buyers.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Solicit and compile listings of available rental properties.
- Arrange for title searches to determine whether clients have clear property titles.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Rent or lease properties on behalf of clients.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Contact property owners and advertise services to solicit property sales listings.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Present purchase offers to sellers for consideration.
- Visit properties to assess them before showing them to clients.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Interview clients to determine what kinds of properties they are seeking.
- Investigate clients' financial and credit status to determine eligibility for financing.
- Contact utility companies for service hookups to clients' property.
Related Technology & Tools
- Measuring wheels
- Laptop computers
- Personal digital assistants PDA
- Digital cameras
- Global positioning system GPS receivers
- Notebook computers
- Personal computers
- Desktop computers
- Laser printers
- Iseemedia Photovista Panorama
- Showing Suite HomeFollowup
- Navigation software
- DataBasix Technologies Lead Commander
- ProForce Ultimate Brochures
- Real Pro
- Power Real Estate Letters
- Tax software
- eGrabber ListGrabber
- Web-administered databases
- Telluride Software Classic Trak-It
- Landlord Software Pro Flipper
- TimeValue software
- Greenbrier Graphics Deed Plotter
- Agent Business Builder
- Loan application processing software
- Showing Suite Showing Calendar
- Microsoft FrontPage
- Corel WordPerfect
- DeLorme Topo USA
- Reality Star ProAGENT Power Series Presentations
- Topaz Software Symplifi (business analysis feature)
- Topaz Software Symplifi (CRM feature)
- Microsoft Outlook
- Panoweaver Panorama
- General Magic Portico
- MediaVue
- Adobe Systems Adobe Acrobat
- In-Hand Pocket APOD
- Geographic information system GIS software
- Microsoft Publisher
- Microsoft PowerPoint
- Spreadsheet software
- Scheduling software
- Commercial and industrial development project cost analysis software
- Wheatworks Real Estate Calculator Suite
- Microsoft Excel
- The IPIX Real Estate Wizard hometour360 Wizard
- CMA Stuffers
- RealData Comparative Lease Analysis
- Panorama Technologies ModelWeaver
- Internet browser software
- RPIS Silent Flyer
- TopProducer
- RealtyStar Real Estate Assistant
- HUD-1 software
- Lucero System Office Management
- FloodMaps
- Argosy Legal Systems Power Closer
- National Association of Realtors Online Database
- Intuit QuickBooks
- iKorb Real Estate
- Microsoft Word
- Showing Suite HomeFeedback
- Home rating software
- Web page creation and editing software
- Microsoft Word Hard to Find Contracts
- PrimaSoft PC Realtor Organizer Deluxe
- Email software
- Document creation software
- Reveal Systems Truewire
- Newsletter production software
- Showing Suite
- Easypano Tourweaver
- Real estate investment analysis software
- Yardi Systems Yardi Enterprise
- SRC Cash Flow Analyzer Pro
- IBM Lotus 1-2-3
- Microsoft Office
- Real estate application contract transmission REACT software
- Yardi
- Digital contract software
- Garmin City Select
- ProForce Highlight Flyer Master
- Internet based MLS database software
- OWL Bookkeeping for Realtors
- RealtyStar AgentOffice
- Financial calculators software
- Front Desk