Escrow representative vs escrow officer

The differences between escrow representatives and escrow officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an escrow representative, becoming an escrow officer takes usually requires 4-6 years. Additionally, an escrow representative has an average salary of $52,342, which is higher than the $50,270 average annual salary of an escrow officer.

The top three skills for an escrow representative include customer service, property taxes and RESPA. The most important skills for an escrow officer are customer service, HOA, and title insurance.

Escrow representative vs escrow officer overview

	Escrow Representative	Escrow Officer
Yearly salary	$52,342	$50,270
Hourly rate	$25.16	$24.17
Growth rate	4%	4%
Number of jobs	1,624	62,077
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 47%
Average age	39	45
Years of experience	2	6

Escrow representative vs escrow officer salary

Escrow representatives and escrow officers have different pay scales, as shown below.

	Escrow Representative	Escrow Officer
Average salary	$52,342	$50,270
Salary range	Between $39,000 And $70,000	Between $36,000 And $70,000
Highest paying City	-	Walnut Creek, CA
Highest paying state	-	New Mexico
Best paying company	-	Fidelity National Financial
Best paying industry	-	Finance

Differences between escrow representative and escrow officer education

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

	Escrow Representative	Escrow Officer
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 47%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow representative vs escrow officer demographics

Here are the differences between escrow representatives' and escrow officers' demographics:

	Escrow Representative	Escrow Officer
Average age	39	45
Gender ratio	Male, 31.9% Female, 68.1%	Male, 14.9% Female, 85.1%
Race ratio	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%	Black or African American, 8.8% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	11%	8%

Differences between escrow representative and escrow officer duties and responsibilities

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.

Escrow officer example 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.
Order conveyance deeds and other pertinent documents from outside vendors.
Prepare documents to be record with county and return to mortgage company for conveyance.

Escrow representative vs escrow officer skills

Common escrow representative skills

Customer Service, 30%
Property Taxes, 12%
RESPA, 11%
Residential Loans, 11%
FHA, 10%
Account Numbers, 6%

Common escrow officer skills

Customer Service, 23%
HOA, 6%
Title Insurance, 6%
Notary, 5%
Develop Client Relationships, 5%
Real Estate Transactions, 5%