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Escrow assistant vs document reviewer

The differences between escrow assistants and document reviewers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a document reviewer has an average salary of $53,858, which is higher than the $48,900 average annual salary of an escrow assistant.

The top three skills for an escrow assistant include customer service, HOA and loan packages. The most important skills for a document reviewer are litigation, QC, and e-discovery software.

Escrow assistant vs document reviewer overview

Escrow AssistantDocument Reviewer
Yearly salary$48,900$53,858
Hourly rate$23.51$25.89
Growth rate4%-
Number of jobs1,3435,999
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 41%
Average age4343
Years of experience--

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 document reviewer do?

A document reviewer is typically a legal professional, such as an attorney or paralegal, who reviews a wide variety of documents gathered and prepared for legal procedures. The materials they review usually include emails, affidavits, letters, memos, spreadsheets, PowerPoint presentations, and transcripts. Their purpose is to determine which materials are relevant and should be turned over to the other party while adhering to laws and standards. Additionally, a document reviewer maintains accurate records and creates a list highlighting information gathered from the documents.

Escrow assistant vs document reviewer salary

Escrow assistants and document reviewers have different pay scales, as shown below.

Escrow AssistantDocument Reviewer
Average salary$48,900$53,858
Salary rangeBetween $31,000 And $76,000Between $27,000 And $103,000
Highest paying CityJuneau, AKWashington, DC
Highest paying stateAlaskaAlaska
Best paying companyFidelity National FinancialBloomberg
Best paying industry--

Differences between escrow assistant and document reviewer education

There are a few differences between an escrow assistant and a document reviewer in terms of educational background:

Escrow AssistantDocument Reviewer
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 41%
Most common majorBusinessLaw
Most common collegeStanford UniversityStanford University

Escrow assistant vs document reviewer demographics

Here are the differences between escrow assistants' and document reviewers' demographics:

Escrow AssistantDocument Reviewer
Average age4343
Gender ratioMale, 14.4% Female, 85.6%Male, 44.4% Female, 55.6%
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, 13.4% Unknown, 5.0% Hispanic or Latino, 18.3% Asian, 7.1% White, 55.5% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between escrow assistant and document reviewer 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

Document reviewer example responsibilities.

  • Project manage the implementation of a third party OFAC customer verification module for branch personnel.
  • Reviewed/Package loan docs and generate estimated HUD-1 for review.
  • Create and update website and Facebook page.
  • Verify all new accounts open follow KYC and CIP regulations.
  • Involve typing, shorthand and all phases of steno pool.
  • Participate in other QA activities with other team members as needed.
  • Show more

Escrow assistant vs document reviewer skills

Common escrow assistant skills
  • Customer Service, 28%
  • HOA, 9%
  • Loan Packages, 7%
  • Title Commitments, 5%
  • Payoff Demands, 5%
  • Work Ethic, 4%
Common document reviewer skills
  • Litigation, 23%
  • QC, 14%
  • E-Discovery Software, 5%
  • Law Firm, 4%
  • Approvals, 4%
  • Data Entry, 4%

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