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Working As An Escrow Officer

  • Interacting With Computers
  • Getting Information
  • Documenting/Recording Information
  • Processing Information
  • Analyzing Data or Information
  • Mostly Sitting

  • Repetitive

  • Make Decisions

  • Stressful

  • $44,370

    Average Salary

What Does An Escrow Officer Do At Pacific Union Financial LLC

* Manage the entire real estate closing process, including compliance with real estate contracts, lender instructions, title requirements, company requirements and other written instructions.
* Understand the escrow process to determine what steps need to be taken to transfer the title of property pursuant to the conditions called for in the real estate contract and lender instructions.
* Collaborate with the title department to resolve title issues such as legal descriptions, easements, lot splits, vesting all tax liens, abstracts of judgments, bankruptcies, boundary disputes, encroachments, list pendants, etc.
* Prepare all closing documents necessary to ensure title insurance is issued at closing.
* Oversee the issuance of checks, bills and statements, receipts, and any other documents needed to ensure customer satisfaction.
* Secure all documents (corrective and others) that may be required for the issuance of title insurance.
* Conduct closing with customer, realtor, lenders and attorneys.
* Ensure all payoffs have been collected, mailed, delivered or wired according to instructions.
* Verify again the HUD statement that all disbursements have been paid correctly.
* Prior to recording, verify all legal documents for correct acknowledgements, legal and lien information.
* When needed, delegate work to and manage work of escrow assistants in the real estate transaction process.
* Manage and develop client relationships to ensure future real estate closing transactions.
* Market new business and make calls on current and prospective clients.
* Correspond with lenders, builders, real estate agents and attorney, as needed.
* Perform other duties as assigned by

What Does An Escrow Officer Do At NRT Realogy

* The escrow officer is responsible to oversee the daily activities of their unit.
* This would include taking the incoming escrow from beginning to its conclusion and everything in between.
* Plan staff meetings each week to keep the staff informed of new policies and procedures.
* Meet w/regional manager and sales associates or manager to plan functions for new business and recurring business.
* What you need for this position:
* High School Diploma, GED or Equivalent

What Does An Escrow Officer Do At NRT Realogy

* Managing day to day operations of branch.
* Build office morale and encourage growth and advancement opportunities.
* Set positive office atmosphere for branch employees.
* Instill high customer service levels and expectations.
* Manage compliance within branch with regard to company policies and procedures.
* Escrow Officer Duties:
* Working closely with clients to accomplish a closed transaction in a timely, efficient and error-free manner.
* Prepare CD/HUD1 Settlement Statement and all other closing documents necessary for the transaction.
* Obtain clearance and approval from lenders.
* Order updates from the underwriter and determine clearance to close.
* Meeting with clients to execute closing and complete necessary paperwork.
* Participate in Marketing/Entertainment to increase customer base.
* Truly Remarkable Service:
* We are looking for a friendly, outgoing, well organized person with a strong work ethic and desire to find solutions to help customers have a truly remarkable experience closing their real estate transactions.
* Must create a positive image of the company through a professional appearance, actions, and conduct to fellow employees and customers.
* Establish a professional working rapport with our clients and any new relationships that are established

What Does An Escrow Officer Do At NRT Realogy

* We are seeking a highly motivated, high integrity escrow officer with management experience to manage our Santa Rosa Branch and continue to build and expand our presence in Sonoma County.
* This includes handling incoming escrows from beginning to end and everything in between; managing and coaching the staff; recruiting to grow the branch and/or operation overall; be responsible for all levels of customer care and proactive problem resolution on our files and with staff.
* He/She would participate in all company and customer meetings as required and keep the staff informed of new company and industry policies and procedures.
* He/She would work closely with the sales representative and senior leadership to increase revenue and profits, manage expenses, increase partner capture and third party market share.
* He/She is responsible for opening new escrows and maintaining client relationships to build the branch and supporting the other team players in assisting with their daily duties and responsibilities.
* Additional duties include receipting in buyer’s deposits; making calls to the buyer and seller for introductions, along with the corresponding agents; introducing or giving names of her staff so that the parties know whom to contact if she is not available; review the sales contract; order demands; process incoming mail and email; update escrow file; review Title Reports and work with title to determine methods to clear exceptions; monitor contingencies/conditions; prepare escrow instructions, estimated statements, title transfer documents and all documents necessary to clear exceptions; deliver all necessary documents to client; keep in direct contact w/agent with weekly report as to the progress of the transaction and what is needed for a complete closing; create a system in the office to make sure each file is in status order so that each person can locate what they need efficiently; set signing appointments for buyer and seller; personally handle signings or manage signings with outside signing services; prepare file for funding; order Hazard Insurance; balance and close file; set up and monitor recording; monitor lead assistant or other officer to always review the figures before file is completely balanced (referred to as “double audit”); sign off on check/file ledger after file is balanced; print checks and closing statements after the audit; disburse checks to appropriate parties; communicate to parties when the file has closed and when funds will be disbursed; request title insurance via a policy write up; utilize all internal escrow support systems to create a high level of productivity and workflow in the office.
* If problems arise, she/he is responsible to proactively notify the parties immediately and work with senior leadership when needed for problem resolution

What Does An Escrow Officer Do At NRT Realogy

* The Escrow Officer is responsible to oversee the daily activities in the branch.
* This would include taking the incoming escrow from beginning to its conclusion and everything in between.
* Take over the desk of the manager or the officer and/or the assistant.
* Follow the notes or the direction from the manager or the assistant.
* Leave clear notes on all the files as to the work that was done in the absence of the person he/she was covering for.
* Responsible for opening up new escrows, and entering them in iclosings.
* This includes receipting in buyer’s deposit, and sending all instructions to the resource center if applicable.
* Making calls to the buyer and seller for introductions, along with the corresponding agents.
* Reviewing the initial contract.
* Fax out the instructions, reviewed and edited if necessary to the agents for approval.
* Update all reports under status reports.
* Keep in contact w/agent and give weekly report as to the progress of the transaction.
* Keep track of the status on all the aspects of the file.
* Prepare file for funding.
* Check w/lender to see the status of the loan, which will affect closing date.
* Balance and close file.
* Double audit in the branch.
* Lead assistant or other officer, to always review the figures before file is completely balanced.
* Referred to as “double audit”.
* Sign off on check/file ledger after file is balanced.
* Print the checks and closing statements after the audit.
* Disburse checks to appropriate parties, or assistant or processor will also do.
* Communicate to parties when the file has closed, and when the funds are being disbursed.
* If necessary prepare for refund to agents, sellers, buyers etc.
* Contact CB managers and sales associates that are part of your transactions.
* Keep apprised of all that is ongoing on the file.
* Make sure the branch manager is aware of any contacts you make and keep a record of anything regarding the transactions.
* Communicate pro-actively with sales managers as needed.
* Resolve any issue that may come up in these meetings regarding the service that escrow is providing and how to make the experience a better one.
* Maintain the office model and standards

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Escrow Officer Demographics


  • Female

  • Male

  • Unknown



  • White

  • Hispanic or Latino

  • Asian

  • Unknown

  • Black or African American

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Languages Spoken

  • Spanish

  • Mandarin

  • German

  • Chinese

  • Cantonese

  • French

  • Indonesian

  • Japanese

  • Arabic

  • Bulgarian

  • Cherokee

  • Filipino

  • Greek

  • Macedonian

  • Coptic

  • Polish

  • Korean

  • Russian

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Top Skills for An Escrow Officer


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Top Escrow Officer Skills

  1. Real Estate Agents
  2. Lender Instructions
  3. Buyers
You can check out examples of real life uses of top skills on resumes here:
  • Contacted Real Estate Agents/Loan Officers to solicit business and ascertain service needs.
  • Opened escrow files, set up new files per the escrow contract, agent and lender instructions.
  • Processed escrow files and served as liaison between real estate agents, seller, buyers, and lenders.
  • Calculated settlement statements and disbursed funds.
  • Handled escrow closings, deed and HUD reviews and reconciliation of final HUD-1 and wire transfers.

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