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Credit negotiator vs escrow representative

The differences between credit negotiators and escrow representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit negotiator and an escrow representative. Additionally, a credit negotiator has an average salary of $207,848, which is higher than the $52,342 average annual salary of an escrow representative.

The top three skills for a credit negotiator include outbound calls, consumer debt and collection agencies. The most important skills for an escrow representative are customer service, property taxes, and RESPA.

Credit negotiator vs escrow representative overview

Credit NegotiatorEscrow Representative
Yearly salary$207,848$52,342
Hourly rate$99.93$25.16
Growth rate-4%
Number of jobs5,4581,624
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 58%
Average age3939
Years of experience22

Credit negotiator vs escrow representative salary

Credit negotiators and escrow representatives have different pay scales, as shown below.

Credit NegotiatorEscrow Representative
Average salary$207,848$52,342
Salary rangeBetween $100,000 And $431,000Between $39,000 And $70,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between credit negotiator and escrow representative education

There are a few differences between a credit negotiator and an escrow representative in terms of educational background:

Credit NegotiatorEscrow Representative
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit negotiator vs escrow representative demographics

Here are the differences between credit negotiators' and escrow representatives' demographics:

Credit NegotiatorEscrow Representative
Average age3939
Gender ratioMale, 40.5% Female, 59.5%Male, 31.9% Female, 68.1%
Race ratioBlack or African American, 8.4% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 8.6% White, 70.1% American Indian and Alaska Native, 0.3%Black or African American, 6.5% Unknown, 2.8% Hispanic or Latino, 10.6% Asian, 10.7% White, 69.1% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between credit negotiator and escrow representative duties and responsibilities

Credit negotiator example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
  • Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Escrow representative example responsibilities.

  • Conduct in-services on managing patients with chemotherapy-induce anemia to nursing staff at inpatient and outpatient facilities, providing treatment algorithms.
  • Train to immediately recognize various commercial and government plans and redirect patients, as necessary, to correct medical facility.
  • Manage escrow department for title insurance company.

Credit negotiator vs escrow representative skills

Common credit negotiator skills
  • Outbound Calls, 29%
  • Consumer Debt, 19%
  • Collection Agencies, 11%
  • Computer System, 11%
  • POA, 10%
  • Inbound Calls, 6%
Common escrow representative skills
  • Customer Service, 30%
  • Property Taxes, 12%
  • RESPA, 11%
  • Residential Loans, 11%
  • FHA, 10%
  • Account Numbers, 6%

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