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