Home > Salary > South Africa > Closing Agent Title
A closing agent, also known as a settlement agent or escrow officer, is responsible for facilitating the final stages of a real estate transaction. Their main role is to ensure that all necessary documents are prepared accurately and that all parties involved in the transaction, such as buyers, sellers, lenders, and attorneys, are informed and satisfied with the terms and conditions of the sale. The closing agent coordinates with various stakeholders, including title companies, insurance providers, and government agencies, to ensure a smooth and legally compliant closing process. They review and prepare closing documents, collect and disburse funds, and oversee the signing of legal paperwork. Attention to detail, strong communication and organizational skills, and knowledge of real estate laws and regulations are essential for this occupation.
Estimated Yearly Salary: 130,093 ZAR
Estimated Monthly Salary: 10,841 ZAR
Estimated Weekly Salary: 2,502 ZAR per week
Estimated Hourly Salary: 63 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,470 ZAR
Estimated Weekly Salary: 2,416 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 6,479 USD
Estimated Monthly Salary: 540 USD
Estimated Weekly Salary: 125 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 130,093 ZAR
Estimated Monthly Salary: 10,841 ZAR
Estimated Weekly Salary: 2,502 ZAR per week
Estimated Hourly Salary: 63 ZAR per hour
By working as Closing Agent Title a person can save up to 269 USD per month or 3,225 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Closing Agent Title
Last revision of data: 2025-01-04
Data as of 2025
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Closing Agent Title salary in South Africa
Average Yearly Salary of Closing Agent Title in South Africa is approximately 130,093 ZAR (6,479 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Closing Agent Title do?
A closing agent, also known as a settlement agent or escrow officer, is responsible for facilitating the final stages of a real estate transaction. Their main role is to ensure that all necessary documents are prepared accurately and that all parties involved in the transaction, such as buyers, sellers, lenders, and attorneys, are informed and satisfied with the terms and conditions of the sale. The closing agent coordinates with various stakeholders, including title companies, insurance providers, and government agencies, to ensure a smooth and legally compliant closing process. They review and prepare closing documents, collect and disburse funds, and oversee the signing of legal paperwork. Attention to detail, strong communication and organizational skills, and knowledge of real estate laws and regulations are essential for this occupation.
Skills: Closing agent, Settlement agent, Escrow officer, Real estate transaction, Document preparation, Closing process.
Job industry: Real estate
Job industry: Real estate
How much does Closing Agent Title make?
Salary details
How much does Closing Agent Title make?Estimated Yearly Salary: 130,093 ZAR
Estimated Monthly Salary: 10,841 ZAR
Estimated Weekly Salary: 2,502 ZAR per week
Estimated Hourly Salary: 63 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 125,640 ZAREstimated Monthly Salary: 10,470 ZAR
Estimated Weekly Salary: 2,416 ZAR per week
Estimated Hourly Salary: 60 ZAR per hour
Last revision of data: 2024-01-08Closing Agent Title estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,479 USD
Estimated Monthly Salary: 540 USD
Estimated Weekly Salary: 125 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Closing Agent Title job salary compared to average salary in South Africa.
Comparison shows that a person working as Closing Agent Title in South Africa earns on average:
1.02 times the average salary (or 102% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Closing Agent Title job salary compared to average salary in South Africa.
Comparison shows that a person working as Closing Agent Title in South Africa earns on average:
1.02 times the average salary (or 102% of average salary).
Is Closing Agent Title a well paid job?
Yes, our data show that Closing Agent Title is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Closing Agent Title?
High salary for Closing Agent Title would be somewhere between 143,102 ZAR and 188,635 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Closing Agent Title in South Africa?
Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 130,093 ZAR
Estimated Monthly Salary: 10,841 ZAR
Estimated Weekly Salary: 2,502 ZAR per week
Estimated Hourly Salary: 63 ZAR per hour
By working as Closing Agent Title a person can save up to 269 USD per month or 3,225 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Closing Agent Title
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in South Africa
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5. Neurosurgeon
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Data as of 2025Random salary:
Neurosurgeon (915,353 ZAR per year, pre-tax.)
Product marketing director (287,179 ZAR per year, pre-tax.)
Veteran employment representative (131,850 ZAR per year, pre-tax.)
Mammographer (161,100 ZAR per year, pre-tax.)
Technical architect (265,333 ZAR per year, pre-tax.)
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