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Title closer vs escrow officer

The differences between title closers and escrow officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an escrow officer has an average salary of $50,270, 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 escrow officer are customer service, HOA, and title insurance.

Title closer vs escrow officer overview

Title CloserEscrow Officer
Yearly salary$49,428$50,270
Hourly rate$23.76$24.17
Growth rate4%4%
Number of jobs3,99262,077
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 47%
Average age4845
Years of experience-6

Title closer vs escrow officer salary

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

Title CloserEscrow Officer
Average salary$49,428$50,270
Salary rangeBetween $35,000 And $68,000Between $36,000 And $70,000
Highest paying CityCincinnati, OHWalnut Creek, CA
Highest paying stateHawaiiNew Mexico
Best paying companyCambriaFidelity National Financial
Best paying industryProfessionalFinance

Differences between title closer and escrow officer education

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

Title CloserEscrow Officer
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 47%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Title closer vs escrow officer demographics

Here are the differences between title closers' and escrow officers' demographics:

Title CloserEscrow Officer
Average age4845
Gender ratioMale, 22.1% Female, 77.9%Male, 14.9% Female, 85.1%
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, 8.8% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between title closer and escrow officer 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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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.
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Title closer vs escrow officer skills

Common title closer skills
  • Escrow, 19%
  • Notary, 13%
  • Real Estate Closings, 12%
  • Loan Payoffs, 12%
  • Review Title, 7%
  • Estoppel, 5%
Common escrow officer skills
  • Customer Service, 23%
  • HOA, 6%
  • Title Insurance, 6%
  • Notary, 5%
  • Develop Client Relationships, 5%
  • Real Estate Transactions, 5%