Escrow Officer (Commercial Sales/ REFI)
Duties:
- Manage and close commercial real estate transactions ranging from single site to high-liability, multi-site commercial real estate transactions.
- Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds
- Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions
- Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals
- Establish escrow account by depositing funds; maintaining records
- Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents
- Complete calculations by prorating taxes and interest
- Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures
- Complete closing by recording and filing documents; preparing and distributing final closing statements and title
- Close escrow account by balancing and disbursing funds
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
- Maintain a minimum monthly volume of $20,000 per team member on the unit
Skills/ Technology
- Familiar with standard concepts, practices, and procedures within the escrow/title industry field
- Knowledge of Microsoft Office applications
- Knowledge of RBJ Escrow System
- Good client relations and communication skills
- Good writing skills
- Detail-oriented, self starter, self-disciplined
- Stay calm under pressure, problem solver
- Escrow Officer Certification from the Escrow Association is required
- 5 Year Experience as Escrow Officer preferred
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