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Salary and Benefits

Escrow Officer
$48K-$58K / yr. (est.)
$48K
$53,414 / year
$59K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Escrow Officer

What does an Escrow Officer do?

As Escrow Officers, we complete real estate escrow transactions. We determine requirements, processing, and distributing closing documents, and disbursing funds. Determine escrow requirements by clarifying buyer, seller, and lender instructions is our job. We resolve title defects and coordinate encumbrances against property or sellers. Establishing escrow accounts, handling escrow funds, and maintaining records are our duties. We prepare transaction documents by completing forms and statements. We complete calculations for prorating taxes and interest. It is our duty to assemble documents and review documents. We answer questions and check documents for completeness.

Core tasks:

  • complete closing by recording and filing documents
  • prepare and distribute final closing statements and title policies
  • close escrow account by balancing and disbursing funds
  • follow regulatory requirements
  • enforce adherence to applicable regulatory requirements
  • maintain personal networks
  • take part in professional organizations
  • enhance organization’s efficiency, reputation, and the environment
  • add value to the company’s production, profitability, and image

Insights

How Many Years of Experience Do Professionals Need Before Becoming Escrow Officer?
On average, people work 3-5 years in other positions prior to becoming a Escrow Officer.
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Escrow OfficerMiami, FL - 10 months ago
🔥 I worked hard for those 3 years before becoming an Escrow Officer, so stop complaining about it being too long!
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Escrow OfficerSeattle, WA - 10 months ago
Wait, what? I've been in my current job for 4 years already! Does that mean I'm one year too late to become an Escrow Officer? 😠
How Long Do Escrow Officer Employees Typically Stay in Their Roles?
On average, Escrow Officers works in this position for 5+ years across multiple employers.
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EntrepreneurAustin, TX - 10 months ago
C'mon y'all! Being in one job for years doesn't make you better, it just means you're stuck! Flexibility and adaptability are essential qualities for success, even in escrow.
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TeacherChicago, IL - 10 months ago
🔍 The infographic highlights the average years worked in multiple employers. Perhaps escrow officers in Chicago don't stay with one employer for long, but learn from various experiences!
What Is the Job Hopper Score for Escrow Officer Employees?
Frequent job changes in Escrow Officer, indicating a willingness to change companies and roles more frequently.
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Director, Human ResourcesNew York City, NY - 10 months ago
I've come across many Escrow Officers seeking career stability, but facing company closures and downsizing. It's unfair to paint them all with this broad brush. 😔
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EntrepreneurMiami, FL - 10 months ago
I've hired many Escrow Officers for various projects, and their diverse experiences actually give me more confidence in their abilities to tackle challenges head-on. 🌟

Career path

Path to job

Discover a Escrow Officer's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Escrow Officer typically studied at.
Arizona State University-Tempe
Texas A&M University-Texarkana

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Escrow Officer Employees?
Gender ratio in Escrow Officer position: 0.258450853943732 Male and 0.741549146056268 Female. Age ratio in Escrow Officer position: 16-20: 11%, 21-30: 56%, 31-40: 20%, 41-50: 10%, 51-60: 3%, 60+: 0%. Escrow Officer position is predominantly female (74.2%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Escrow OfficerBoston, MA - 10 months ago
Do you believe there are any barriers preventing older individuals from entering the Escrow Officer field? The age ratio seems to decrease significantly among the older age groups. 👵
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Escrow OfficerDenver, CO - 10 months ago
It's unfortunate that the 60+ age group has no representation. Are there any reasons why seniors might not pursue a career as an Escrow Officer? 🤔

Workplaces

Who Are the Top Employers for Escrow Officer?
Top employers of Escrow Officer position: Chicago Title, Fidelity National Title, First American. People who work in Escrow Officer position most typically go on to work for the Chicago Title.
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Escrow OfficerDallas, TX - 10 months ago
Y'all are missing the point! It's not about the employer, it's about the skills and experience you gain as an Escrow Officer. The top employers won't make you the best, it's your hard work that will!
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Escrow OfficerMiami, FL - 10 months ago
🙄 Chicago Title, Fidelity National Title, First American... same old, same old. How about you experience the real hustle in Miami and work for Palm Beach County Title?! They know how to get things done!
Chicago Title
Fidelity National Title
First American
What Industries Does Escrow Officer Typically Have Experience In?
Industry Background: The most typical industries of Escrow Officer: Real Estate / Rental / Leasing, Finance & Insurance, Professional / Scientific / Technical, Information Technology, Construction. Escrow Officer employees most likely come from a Real Estate / Rental / Leasing industry background.
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Escrow OfficerHouston, TX - 10 months ago
I've worked as an Escrow Officer in Houston for awhile, and let me just say, it's a thankless job. People only come to us when something goes wrong.
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Escrow OfficerSeattle, WA - 10 months ago
🔥 Being an Escrow Officer in Seattle is like a constant rollercoaster. You need nerves of steel, dealing with all the ups and downs of the real estate market.

Find your job as Escrow Officer

Discussion about Escrow Officer

Want to know more about Escrow Officer position?
Share your thoughts and ideas about Escrow Officer position with others in our community.
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Do a lot of women work as an Escrow Officer?
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Benjamin Gardner3 years ago
75% of the workforce being women.
How old are people who work as an Escrow Officer?
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Liam Brown3 years ago
29 is the average age of people working as an Escrow Officer.
How much experience is typically required to work as an Escrow Officer?
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Sophie Hayes3 years ago
You should work for 4 years on average to become an Escrow Officer.
Which industries are highly likely to employ an Escrow Officer?
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Benjamin Gardner3 years ago
Professional / Scientific / Technical is the most frequent for an Escrow Officer.
Speaking of higher education, do I need a degree as an Escrow Officer?
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Benjamin Gardner3 years ago
You should be fine with No higher education
Where are you working as an Escrow Officer?
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Benjamin Gardner3 years ago
Most people work for Chicago Title, Fidelity National Title, First American, Old Republic Title and Stewart Title
How long do people usually work as an Escrow Officer when they switch to another position?
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Sophie Hayes3 years ago
More than 5 years is the typical lifespan for an Escrow Officer.
Is it frequent for people to switch companies and still work as an Escrow Officer?
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Sophie Hayes3 years ago
We can say that an Escrow Officer is likely a job hopper role.
What do people usually work as before switching to Escrow Officer?
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Liam Brown3 years ago
Most people come from Escrow Assistant, Branch Manager or Escrow Manager roles
What typical professions people working as an Escrow Officer switch to?
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Liam Brown3 years ago
Escrow Assistant, Branch Manager or Escrow Manager are good next steps for an Escrow Officer
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Disclaimer

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