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Escrow assistant vs customer account manager

The differences between escrow assistants and customer account managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an escrow assistant has an average salary of $48,900, which is higher than the $45,951 average annual salary of a customer account manager.

The top three skills for an escrow assistant include customer service, HOA and loan packages. The most important skills for a customer account manager are customer service, customer accounts, and CRM.

Escrow assistant vs customer account manager overview

Escrow AssistantCustomer Account Manager
Yearly salary$48,900$45,951
Hourly rate$23.51$22.09
Growth rate4%8%
Number of jobs1,343110,138
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 56%
Average age4347
Years of experience-6

What does an escrow assistant do?

An escrow assistant is responsible for providing administrative services to real estate businesses, assisting the agents on coordinating with clients, and processing their documents. Escrow assistants review proposals and usually talk with clients for the service terms and disclosures. They also handle payment transfers, update client records on the database, and respond to the client's inquiries for related service alternatives. An escrow assistant must have excellent communication skills, both written and oral, especially on maintaining an organized record of transactions and storing sales documents.

What does a customer account manager do?

Customer Account Managers are employees who specialize in keeping good, professional relationships with the company's clients. They are assigned specific customers and key clients to manage. Customer account managers are in charge of maintaining the customers' loyalty. As such, customer account managers are expected to provide first-class service to their customers. This includes providing them special promotions related to the company's services, keeping special communication lines for client concerns, and expediting client requests. They ensure that their customers receive their product or service requests on time and in good condition.

Escrow assistant vs customer account manager salary

Escrow assistants and customer account managers have different pay scales, as shown below.

Escrow AssistantCustomer Account Manager
Average salary$48,900$45,951
Salary rangeBetween $31,000 And $76,000Between $29,000 And $72,000
Highest paying CityJuneau, AKNew York, NY
Highest paying stateAlaskaAlaska
Best paying companyFidelity National FinancialMouser Electronics
Best paying industry-Technology

Differences between escrow assistant and customer account manager education

There are a few differences between an escrow assistant and a customer account manager in terms of educational background:

Escrow AssistantCustomer Account Manager
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeStanford UniversityCalifornia State University - Bakersfield

Escrow assistant vs customer account manager demographics

Here are the differences between escrow assistants' and customer account managers' demographics:

Escrow AssistantCustomer Account Manager
Average age4347
Gender ratioMale, 14.4% Female, 85.6%Male, 59.4% Female, 40.6%
Race ratioBlack or African American, 9.8% Unknown, 4.9% Hispanic or Latino, 20.7% Asian, 6.3% White, 57.5% American Indian and Alaska Native, 0.8%Black or African American, 10.9% Unknown, 4.7% Hispanic or Latino, 17.7% Asian, 5.3% White, 60.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%8%

Differences between escrow assistant and customer account manager duties and responsibilities

Escrow assistant example responsibilities.

  • Create content for PowerPoint presentations used in online, interactive coaching lessons.
  • Function as a part-time independent contractor for 3 years performing loan signing for lenders, escrow or title companies.
  • Review and forward medical documents pertaining to veterans to ensure that critical issues are addressed in a timely manner.
  • Examine hundreds of documents such as memos, letters, e-mails, PowerPoint presentations, spreadsheets and other e-documents.
  • Work on a large FTC anti-trust investigation, multiple DOJ investigations and a law suit involving a large oil company.
  • Prepare outgoing loan documents sets by creating estimate HUD-1 and escrow instructions and amendments -Package loan documents and open sales transactions.
  • Show more

Customer account manager example responsibilities.

  • Lead project of reducing checks process by leveraging ACH payments resulting in a savings on head count.
  • Manage inventory logistics which includes coordinating inventory levels with production schedules and international delivery deadlines.
  • Assist in managing transaction logistics including quote comparison, term negotiation, facilitation and arrangement of delivery of automobiles to customers.
  • Decrease staff time (and payroll) with customer issues by launching CRM and leading regional implementation and training.
  • Enter invoices into QuickBooks from carrier that is delivering material to destination.
  • Take orders from customer, enter into QuickBooks, send customers order confirmation.
  • Show more

Escrow assistant vs customer account manager skills

Common escrow assistant skills
  • Customer Service, 28%
  • HOA, 9%
  • Loan Packages, 7%
  • Title Commitments, 5%
  • Payoff Demands, 5%
  • Work Ethic, 4%
Common customer account manager skills
  • Customer Service, 26%
  • Customer Accounts, 17%
  • CRM, 10%
  • Collections Process, 8%
  • Persuasion, 8%
  • Customer Retention, 7%

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