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Title closer vs abstracter

The differences between title closers and abstracters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an abstracter has an average salary of $56,124, which is higher than the $49,428 average annual salary of a title closer.

The top three skills for a title closer include escrow, notary and real estate closings. The most important skills for an abstracter are data entry, HEDIS, and real property.

Title closer vs abstracter overview

Title CloserAbstracter
Yearly salary$49,428$56,124
Hourly rate$23.76$26.98
Growth rate4%-
Number of jobs3,992417
Job satisfaction--
Most common degreeBachelor's Degree, 50%Associate Degree, 33%
Average age4848
Years of experience--

Title closer vs abstracter salary

Title closers and abstracters have different pay scales, as shown below.

Title CloserAbstracter
Average salary$49,428$56,124
Salary rangeBetween $35,000 And $68,000Between $35,000 And $88,000
Highest paying CityCincinnati, OH-
Highest paying stateHawaii-
Best paying companyCambria-
Best paying industryProfessional-

Differences between title closer and abstracter education

There are a few differences between a title closer and an abstracter in terms of educational background:

Title CloserAbstracter
Most common degreeBachelor's Degree, 50%Associate Degree, 33%
Most common majorBusinessNursing
Most common college--

Title closer vs abstracter demographics

Here are the differences between title closers' and abstracters' demographics:

Title CloserAbstracter
Average age4848
Gender ratioMale, 22.1% Female, 77.9%Male, 25.6% Female, 74.4%
Race ratioBlack or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9%Black or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9%
LGBT Percentage8%8%

Differences between title closer and abstracter duties and responsibilities

Title closer example responsibilities.

  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Work with clients and lenders to clear title defects
  • Obtain clearance and approval from lenders.
  • Submit requests for additional information regarding each transaction (HOA, payoffs, etc . )
  • Order mortgage-payoffs, HOA, surveys, and final utility bills for the purchased properties.
  • Establish effective systems for preparing HUD-1 statements, closing statements and typing legal documents, contracts, deeds and affidavits.
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Abstracter example responsibilities.

  • Prepare HUD settlement statements for both refinance and purchase transactions.
  • Complete comprehensive and thorough medical chart review to extract medical record data per NCQA specifications for health plan's HEDIS project.
  • Research probate records, marriage records, death records, taxes, and liens.
  • Research include reviewing successions, conveyance records, civil suits, probates and mortgages.
  • Travele into the field and visit Medicaid patients for recruitment into health homes program.
  • Perform UCC searches on personal property for corporations or individuals that are secure by a financial institute.
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Title closer vs abstracter skills

Common title closer skills
  • Escrow, 19%
  • Notary, 13%
  • Real Estate Closings, 12%
  • Loan Payoffs, 12%
  • Review Title, 7%
  • Estoppel, 5%
Common abstracter skills
  • Data Entry, 36%
  • HEDIS, 28%
  • Real Property, 13%
  • Real Estate Transactions, 12%
  • Patient Charts, 12%