Closing agent vs escrow closer

The differences between closing agents and escrow closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a closing agent has an average salary of $47,582, which is higher than the $43,588 average annual salary of an escrow closer.

The top three skills for a closing agent include settlement statements, escrow accounts and notary. The most important skills for an escrow closer are settlement statements, notary, and real estate contracts.

Closing agent vs escrow closer overview

	Closing Agent	Escrow Closer
Yearly salary	$47,582	$43,588
Hourly rate	$22.88	$20.96
Growth rate	5%	5%
Number of jobs	27,073	3,182
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 46%	Bachelor's Degree, 45%
Average age	49	49
Years of experience	-	-

Closing agent vs escrow closer salary

Closing agents and escrow closers have different pay scales, as shown below.

	Closing Agent	Escrow Closer
Average salary	$47,582	$43,588
Salary range	Between $34,000 And $65,000	Between $31,000 And $61,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between closing agent and escrow closer education

There are a few differences between a closing agent and an escrow closer in terms of educational background:

	Closing Agent	Escrow Closer
Most common degree	Bachelor's Degree, 46%	Bachelor's Degree, 45%
Most common major	Business	Business
Most common college	-	-

Closing agent vs escrow closer demographics

Here are the differences between closing agents' and escrow closers' demographics:

	Closing Agent	Escrow Closer
Average age	49	49
Gender ratio	Male, 24.2% Female, 75.8%	Male, 10.4% Female, 89.6%
Race ratio	Black or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.7% White, 70.4% American Indian and Alaska Native, 0.3%	Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.4% White, 70.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	13%	13%

Differences between closing agent and escrow closer duties and responsibilities

Closing agent example responsibilities.

Manage escrow department for title insurance company.
Work as a mobile notary for various banks, mortgage companies, title and signing services.
Schedule, arrange, process, close and disburse REO auction sale transactions in the state of Wisconsin.
Certify signing agent/commission notary public - Oregon.
Operate remote telecommunications using applications and secure computer communications to troubleshoot and resolve issues on customer Samsung devices.
Work directly with the VP of procurement to provide education concerning legal contract implementation.

Escrow closer example responsibilities.

Manage escrow department for title insurance company.
Coordinate REO property closings with agents, lenders and buyers.
Officiate and serve as notary public for residential real estate transactions.
Process purchase transactions for buyers and sellers by ordering payoffs, HOA, bills, utilities etc.
Verify pricing, points, credits, and all escrow information for FHA, VA and MHDC purchase statements.
Order HOA resale documents, home warranties, payoffs, clear funding conditions, disburse funds and administer all post-closing procedures.

Closing agent vs escrow closer skills

Common closing agent skills

Settlement Statements, 14%
Escrow Accounts, 9%
Notary, 9%
HUD-1, 8%
Title Commitments, 7%
Loan Closings, 5%

Common escrow closer skills

Settlement Statements, 25%
Notary, 15%
Real Estate Contracts, 13%
Title Insurance, 10%
Estate Closings, 8%
Title Commitments, 6%

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Closing Agent
Closing Agent vs Escrow Closer

Updated January 8, 2025

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