Escrow Officer
Bluegrass Land Title · Ashland, KY · 2 mo ago
ManagementFull-time
About the role
An Escrow Officer is an Administrative Assistant in the Real Estate industry whose main purpose is to assist a Senior Escrow Officer with the daily activities and tasks required to get the transaction to the closing table. The escrow team (comprised of a Senior Escrow Officer and an Escrow Officer) works with buyers and sellers to ensure that all parts of a real estate transaction are completed prior to closing.
What you'll do
- Open escrows within 24 hours and ensure customers receive copies the same day
- Assist in processing escrows with a high degree of quality, including funding/balancing, figuring, clearing prelims, and signing clients
- Order all necessary documents to close escrows in a timely manner (i.e., demands, loan documents, and insurance)
- Maintain records of communication with all partners involved in escrows
- Follow company standards and practices when processing transactions, as well as applicable state laws and guidelines
- Inform escrow officers of any missing items or problems relevant to closing
- Deposit any funds required by buyers and sellers of each escrow within 24 hours of receipt
- Return all calls, voicemails, and emails in a timely manner
- Provide clerical support during the escrow process including: opening title orders; communicating with Lenders, Realtors and Customers to obtain all necessary information for a successful transaction; after closing, obtaining funding authorization from Lenders when necessary; reviewing files for complete signatures and notarizations; scanning documents into the operating system for digital document storage; balancing and disbursing funds in accordance with instructions; and performing any other tasks as required by your Escrow Officer for a successful real estate transaction
- Perform other duties as assigned by supervisor
Who you are
- Previous experience working as an Escrow Officer or Escrow Assistant is a strong plus; candidates who have worked in finance (banking) with roles centered around real estate lending like Loan Officers or Loan Processors also tend to do exceptionally well
- Incredibly detail oriented
- A team player with the capacity to be proactive and take initiative when necessary
- Excellent communicator who can relay information clearly to all stakeholders
- Tech friendly and capable of picking up new software systems relatively easily (familiarity with Qualia is a plus but not required)
- Able to manage stress and stressful situations well, handling demanding requests from Real Estate Agents, Lenders, Buyers and Sellers with composure