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.
Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍
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.
- Rent or lease properties on behalf of clients.
- Contact utility companies for service hookups to clients' property.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Advise clients on market conditions, prices, mortgages, legal requirements and related matters.
- Secure construction or purchase financing with own firm or mortgage company.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
- Advise sellers on how to make homes more appealing to potential buyers.
- Present purchase offers to sellers for consideration.
- Visit properties to assess them before showing them to clients.
- Interview clients to determine what kinds of properties they are seeking.
- Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
- Arrange for title searches to determine whether clients have clear property titles.
- Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- Appraise properties to determine loan values.
- Investigate clients' financial and credit status to determine eligibility for financing.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings to remain knowledgeable about real estate markets.
- Coordinate appointments to show homes to prospective buyers.
- 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.
- Contact property owners and advertise services to solicit property sales listings.
- Solicit and compile listings of available rental properties.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Conduct seminars and training sessions for sales agents to improve sales techniques.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds and leases.
- Coordinate property closings, overseeing signing of documents and disbursement of funds.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
Related Technology & Tools
- Measuring wheels
- Desktop computers
- Laser printers
- Notebook computers
- Personal digital assistants PDA
- Global positioning system GPS receivers
- Personal computers
- Digital cameras
- Laptop computers
- Power Real Estate Letters
- Showing Suite HomeFollowup
- Microsoft Outlook
- Loan application processing software
- iKorb Real Estate
- PrimaSoft PC Realtor Organizer Deluxe
- Agent Business Builder
- Topaz Software Symplifi (CRM feature)
- MediaVue
- Adobe Systems Adobe Acrobat
- Microsoft FrontPage
- Internet based MLS database software
- Microsoft Publisher
- The IPIX Real Estate Wizard hometour360 Wizard
- DataBasix Technologies Lead Commander
- HUD-1 software
- Topaz Software Symplifi (business analysis feature)
- Microsoft Office
- Real estate investment analysis software
- In-Hand Pocket APOD
- CMA Stuffers
- Newsletter production software
- Landlord Software Pro Flipper
- General Magic Portico
- Front Desk
- ProForce Ultimate Brochures
- Intuit QuickBooks
- National Association of Realtors Online Database
- Panoweaver Panorama
- Web-administered databases
- Easypano Tourweaver
- SRC Cash Flow Analyzer Pro
- TopProducer
- Real Pro
- IBM Lotus 1-2-3
- Lucero System Office Management
- Garmin City Select
- Scheduling software
- Reality Star ProAGENT Power Series Presentations
- Commercial and industrial development project cost analysis software
- Home rating software
- Showing Suite Showing Calendar
- Showing Suite HomeFeedback
- Microsoft Word
- Corel WordPerfect
- RealtyStar Real Estate Assistant
- RealData Comparative Lease Analysis
- Iseemedia Photovista Panorama
- Microsoft Excel
- DeLorme Topo USA
- Real estate application contract transmission REACT software
- eGrabber ListGrabber
- Spreadsheet software
- Tax software
- RPIS Silent Flyer
- Argosy Legal Systems Power Closer
- Web page creation and editing software
- Greenbrier Graphics Deed Plotter
- OWL Bookkeeping for Realtors
- Geographic information system GIS software
- ProForce Highlight Flyer Master
- Microsoft PowerPoint
- Document creation software
- Email software
- Financial calculators software
- Reveal Systems Truewire
- Digital contract software
- Showing Suite
- Microsoft Word Hard to Find Contracts
- Telluride Software Classic Trak-It
- FloodMaps
- Wheatworks Real Estate Calculator Suite
- Yardi Systems Yardi Enterprise
- RealtyStar AgentOffice
- TimeValue software
- Yardi
- Internet browser software
- Panorama Technologies ModelWeaver
- Navigation software