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What is an escrow officer and how to become one

Updated January 8, 2025
3 min read
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Escrow officers are responsible for verifying real estate deals and processing their finalization. They ensure whether the property titles are clear and the buyer and seller's agreement is fulfilled. They also check to verify the authenticity of other real estate agreements and land ownership documents' accuracy. Escrow officers earn an average salary of $43,000 annually or $20 per hour.

Escrow officers manage disbursement for property expenses and ensure that the company complies with the necessary rules and regulations. They order beneficiary statements and demands while preparing real estate closing documents. They also coordinate with sellers, buyers, lenders, and Realtors to process and finalize a real estate deal. Escrow officers may also assist with receptionist duties such as answering phone calls and scheduling appointments.

Escrow officers typically hold a high school diploma or its equivalent. However, having a higher degree, such as a bachelor's or master's degree, may prove advantageous in the long run. They are expected to have some years of experience with the real estate closing process and possess exceptional organizational and customer-service skills. Some employers prefer candidates with a keen eye for detail and the ability to read and interpret blueprints.

ScoreEscrow OfficerUS Average
Salary
3.9

Avg. Salary $50,270

Avg. Salary $59,228

Stability level
7.3

Growth rate 4%

Growth rate 0.3%

Diversity
5.4
Race

American Indian and Alaska Native 0.48%

Asian 6.19%

Black or African American 8.77%

Hispanic or Latino 15.96%

Unknown 4.64%

White 63.97%

Gender

female 85.09%

male 14.91%

Age - 44
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44
Stress level
7.3

Stress level is high

7.1 - high

Complexity level
8.8

Complexity level is advanced

7 - challenging

Work life balance
5.6

Work life balance is fair

6.4 - fair

Escrow officer career paths

Key steps to become an escrow officer

  1. Explore escrow officer education requirements

    Most common escrow officer degrees

    Bachelor's

    46.8 %

    Associate

    22.9 %

    High School Diploma

    18.6 %
  2. Start to develop specific escrow officer skills

    SkillsPercentages
    Customer Service22.70%
    HOA6.36%
    Title Insurance6.12%
    Notary5.29%
    Develop Client Relationships5.20%
  3. Complete relevant escrow officer training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New escrow officers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an escrow officer based on U.S. Bureau of Labor Statistics data and data from real escrow officer resumes.
  4. Research escrow officer duties and responsibilities

    • Manage escrow department for title insurance company.
    • Perform closing for a variety of real estate escrows types, including but not limit to REO resale and resale escrows.
    • Operate multi-line phone system and perform basic office procedures.
    • Prepare closing documents, close escrow, TRID CD, clear title.
  5. Prepare your escrow officer resume

    When your background is strong enough, you can start writing your escrow officer resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an escrow officer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable escrow officer resume templates

    Build a professional escrow officer resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your escrow officer resume.
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    Escrow Officer Resume
  6. Apply for escrow officer jobs

    Now it's time to start searching for an escrow officer job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first escrow officer job

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Average escrow officer salary

The average escrow officer salary in the United States is $50,270 per year or $24 per hour. Escrow officer salaries range between $36,000 and $70,000 per year.

Average escrow officer salary
$50,270 Yearly
$24.17 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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