What does a Real Estate Closer do?
A real estate closer has the job of finalizing matters between a buyer and seller in a real estate transaction. A person with this job works to ensure that all of the details of a real estate transaction are handled smoothly and that there are no loose ends when the transaction is complete. For example, his job duties may include everything from verifying property titles and the accuracy of legal documents to disbursing money and providing important documents to parties involved in the sale. A person in this field may find employment opportunities in residential or commercial real estate.
The requirements a person must fulfill to land a job as a real estate closer may vary from employer to employer. Typically, however, a person interested in this field has to secure a high school education at minimum. Some employers prefer applicants who have earned degrees in real-estate-related majors, though some may be willing to hire those with business degrees as well. Earning an associate’s degree may help an aspiring real estate closer to land this job, but those with bachelor’s degrees may have more opportunities.
A real estate closer works as a third party to a real estate transaction, working neither for the buyer or the seller. A person in this field performs a number of tasks aimed at ensuring the timely and successful closing of a real estate transaction. For example, he may both schedule and run meetings to close real estate transactions and disburse closing funds.
An individual with this job works to ensure there is nothing to impede the finalization of a real estate transaction. For example, he typically checks to make sure real estate sale and transfer documents are both accurate and signed by the buyer and seller. He also works to verify titles and make sure they can be transferred. Often, a person in this line of work also compiles data and drafts reports regarding closing activities, turning them over to supervisors.
Since the effective performance of a real estate closer can mean the difference between a smooth closing and a stressful or even delayed one, it is important that people in this field are well organized and detail oriented. They are also expected to have good communication skills and the ability to manage their time well. Sometimes employers may prefer individuals who have real estate licensing and experience, but this is isn’t usually a requirement.
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