Escrow Officer Job Description Sample Template
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This free Escrow Officer job description sample template can help you attract an innovative and experienced Escrow Officer to your company. We make the hiring process one step easier by giving you a template to simply post to our site. Make sure to add requirements, benefits, and perks specific to the role and your company.
Escrow Officer Job Summary
Our high-volume brokerage firm is looking for an Escrow Officer to join our team. You will open, fund, balance and close escrow files as well as coordinate with sellers, buyers, lenders, and realtors throughout the closing process. Your specific duties will include preparing documents, clearing titles, ordering beneficiary statements, and disbursing funds for property expenses. You must also determine what legal deeds are needed to complete a transaction and ensure that all parties have properly signed and filed the necessary closing documents. You must have two or more years of closing experience, either as an escrow assistant or in real estate accounting and math skills to calculate interest, taxes, and commissions accurately.
Escrow Officer Duties and Responsibilities
- Prepare real estate closing documents
- Clear titles
- Order beneficiary statements and demands
- Manage disbursement for property expenses
- Determine what type of legal deed is necessary for the transaction, then ensure it is signed, notarized, and filed in the public record
- Coordinate with sellers, buyers, lenders, and realtors
- Ensure regulatory compliance
- Assist with receptionist duties, such as answering phones and scheduling appointments
Escrow Officer Requirements and Qualifications
- High school diploma or GED (required)
- Post-secondary degree (preferred)
- Two or more years of experience with the real estate closing process, preferably as an escrow assistant
- Organizational skills
- Customer service skills
- Attention to detail
- Basic math skills
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