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Responsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures. Acts as a neutral liaison between file parties, adheres to company policy, and monitors and mitigates risk to the company.
Job Responsibility:
Completes real estate escrow transactions by determining requirements
clearing titles
assembling, preparing, and reviewing closing documents
disbursing funds
Determines closing requirements by studying and clarifying buyer, seller, and lender instructions
Orders title reports for issuing title insurance, resolving title defects
satisfying existing liens and encumbrances against property or principals
Establishes escrow account by depositing funds
maintaining records
Prepares transaction documents by completing forms and statements
collecting and reviewing existing documents
Completes calculations by prorating taxes and interest
Completes closing transaction documents by assembling documents
reviewing papers with parties
explaining provisions and procedures
answering questions
checking documents for completeness and accuracy
obtaining signatures
Completes closing by recording and filing documents
preparing and distributing final closing statements and title
Prepares settlement statement by utilizing lender instructions
Closes escrow account by balancing and disbursing funds
Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements
Updates job knowledge by participating in educational opportunities
reading professional publications
maintaining personal networks
participating in professional organizations
Requirements:
High School diploma or equivalent
2-4 years related experience
Experience directly handling escrow transactions as an escrow assistant preferable
Valid Licensing/Certification as required by applicable state
Familiar with standard concepts, practices, and procedures within the escrow/title industry field
Knowledge of Microsoft Office applications
Good client relations and organizational skills
Ability to write reports and correspondence
Ability to speak effectively before groups of customers or employees of organization
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
Detail-oriented and professional
able to handle confidential information
Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers
What we offer:
medical
dental
vision
401k
PTO/paid sick leave
employee stock purchase plan
bonus pay and/or incentives for production or other goals