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Title processor hiring summary. Here are some key points about hiring title processors in the United States:
Here's a step-by-step title processor hiring guide:
A title processor is a legal professional who works with clients applying for real estate title to ensure that all documents are submitted correctly. Title processors are required to compile all the necessary legal documents and information so that they can obtain the legal deed to the property. They must work closely with both buyer and the realtor to ensure that their filing is following all local regulations. Title processors can also work with companies to ensure that all the necessary company title documents are complete when they apply for insurance.
The title processor hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
A title processor's background is also an important factor in determining whether they'll be a good fit for the position. For example, title processors from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of title processors.
| Type of Title Processor | Description | Hourly rate |
|---|---|---|
| Title Processor | $14-27 | |
| Title Examiner | Title examiners' role is significant in the process of ensuring the property. They inspect title reports and property abstracts in order to determine the risks factor associated with insuring a particular property... Show more | $14-38 |
| Title Investigator | The Title Investigators' primary duties include searching real estate records, examining titles, or summarizing insurance or legal documents for various purposes. Also, they provide resolution to internal investigations using interrogation or interviewing techniques. | $13-45 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maryland | $53,029 | $25 |
| 2 | California | $47,281 | $23 |
| 3 | South Carolina | $45,811 | $22 |
| 4 | Missouri | $45,038 | $22 |
| 5 | Texas | $44,705 | $21 |
| 6 | Nebraska | $44,572 | $21 |
| 7 | Florida | $42,915 | $21 |
| 8 | Pennsylvania | $41,102 | $20 |
| 9 | Arizona | $38,540 | $19 |
| 10 | Minnesota | $37,991 | $18 |
| 11 | Illinois | $36,898 | $18 |
| 12 | North Carolina | $36,789 | $18 |
| 13 | Oklahoma | $34,598 | $17 |
| 14 | Indiana | $33,618 | $16 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | BNP Paribas | $52,053 | $25.03 | |
| 2 | Tower Federal Credit Union | $48,222 | $23.18 | |
| 3 | S3 Shared Service Solutions | $46,444 | $22.33 | |
| 4 | WSFS Bank | $44,600 | $21.44 | 2 |
| 5 | Houwzer | $42,941 | $20.64 | |
| 6 | Kelley Kronenberg | $42,743 | $20.55 | |
| 7 | Randstad North America, Inc. | $42,491 | $20.43 | 3 |
| 8 | Travel and Transport | $42,096 | $20.24 | 13 |
| 9 | Robert Half | $41,551 | $19.98 | 21 |
| 10 | The Hertz Corporation | $41,337 | $19.87 | 6 |
| 11 | The A Team | $40,613 | $19.53 | 3 |
| 12 | NVR | $39,539 | $19.01 | |
| 13 | Frontline Source Group | $38,794 | $18.65 | |
| 14 | Aerotek | $38,536 | $18.53 | 7 |
| 15 | R.M. Schulte & Associates | $36,441 | $17.52 | |
| 16 | State Of South Dakota | $35,182 | $16.91 | 4 |
| 17 | Bank of the West | $34,737 | $16.70 | |
| 18 | Enterprise Holdings | $34,020 | $16.36 | |
| 19 | Copart | $32,213 | $15.49 | 32 |
A title processor job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a title processor job description:
There are various strategies that you can use to find the right title processor for your business:
To successfully recruit title processors, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the title processor candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new title processor. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Hiring a title processor comes with both the one-time cost per hire and ongoing costs. The cost of recruiting title processors involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of title processor recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $42,096 per year for a title processor, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for title processors in the US typically range between $14 and $27 an hour.