Escrow Officer
Reali
Long Beach, CA US
Posted ago
Reali
We are currently seeking a dynamic and experienced full-time escrow officer to oversee all aspects of mortgage closings. You’ll play a key position on a supportive team where you can truly shine. If you are looking for a well-established and industry-leading company to take your experience to the next level, apply today!
Responsibilities
  • Obtain, review, and clarify purchase agreements, contracts, title commitments, and lender instructions to ensure successful closing
  • Interact and coordinate with industry contacts such as realtors, loan officers, underwriters, brokers, buyers, and sellers
  • Create and deliver closing settlement packages to agents, buyers, sellers, brokers, and lenders
  • Collaborate with the title examiner to issue the title policy
  • Work in compliance with state and federal laws and regulations when dealing with escrow transactions and escrow accounts

  • Completes real estate escrow transactions by determining requirements; clearing titles; assembles, prepares, and reviews closing documents; disburses funds
  • Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions
  • Obtains clear title by ordering title reports; 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 closing statement by utilizing lender instructions
  • Closes out escrow account by balancing and disbursing funds
  • Complies with regulatory requirements by adhering, and enforcing adherence, to requirements
  • Identify opportunities to improve the escrow process for operational effectiveness and customer satisfaction
  • Manages, motivates, coaches, trains, encourages, and supports a team of amazing escrow assistants

Qualifications

Must Haves

  • Based in California
  • 3+ years related experience managing escrow transactions
  • Familiar with standard concepts, practices, and procedures within the escrow/title industry field
  • Good client relations and organizational skills
  • Team management and builder accomplishments strongly preferred
  • 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, mortgage loan originators, notaries, and other service providers
  • License or Certification: Escrow Officer certification from the Escrow Association or completion of escrow officer training program by a title company or bank

Nice to Haves

  • California real estate transaction experience
  • California Real Estate License
  • Notary Public
  • Start-up experience
  • Mandarin or Spanish speaking

Compensation
$80,000 - $110,000 yearly
About Reali

We're here to make home buying and selling simple, affordable, and stress-free.

Reali is award winning and made up of collaborative Real Estate, Finance, Loans, Escrow, Title, and proven Technology Experts to deliver transparent, stress-free real estate solutions for buyers, sellers, and agents. Reali has cemented a winning reputation with an A+ from the BBB and was voted one of 2019’s Best Places to Work. At-A-Glance regarding our services:

https://reali.com/real-estate-services/

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