Title - Commercial Escrow Officer
- A career with purpose.
- A career built on making dreams come true.
- A career built on building zero defect homes, cost management, and adherence to schedules. Position Summary The Commercial Escrow Officer (on site) prepares of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements and issuance of title insurance for closings of complex, multi-site and/or multi-state deals involving high-dollar-value commercial, mixed-use, and or multi-family properties located throughout the United States in areas where the agency is licensed or qualified to transact business. Develops and maintains business by utilizing marketing and customer service techniques. Your Responsibilities on the Team
- Experience closing simple & complex commercial transactions required
- Communicates with title examiner and underwriter to address attorney objection letters
- Communicates and coordinates daily responsibilities with the Commercial Services Manager
- Prepares supporting documents for signing
- Audits and closes file when all funds and documents are received
- Instructs the Disbursement of funds
- Writes escrow instructions consistent with the requirements of the parties and obtains their approval where appropriate with market standards; otherwise, complies with instructions provided by the parties
- Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits
- Reviews commitment and/or preliminary title report to verify vesting and legal description
- Reconciles discrepancies between instructions and title report with title officer and/or principals
- Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
- Prepares settlement statements
- Maintains confidentiality of all proprietary information and escrow transactions
- Understands and complies with escrow accounting procedures
- Understands and complies with Good Funds Law
- Solicits business in-person, development functions or activities or virtual
- Knows Rate Manual and quotes accurate fees
- Sustains agency’s ALTA Best Practices’ Compliance and certifications.
- Obtains over-limits approvals for transactions which exceed the agency’s limits.
- Stays current regarding new laws and procedures.
- Other duties and responsibilities as assigned by supervisor.
- Involvement in title industry associations.
- Minimum 3 years commercial transactional experience and background.
- Notary Public
- Appointments as licensed title agent in assigned jurisdiction(s).
- Extensive title insurance industry experience and background, preferably in underwriting or claims.
- Knowledge of title insurance laws and regulations in assigned jurisdiction(s)
- Knowledge of real property closing procedures and customs in assigned jurisdiction(s).
- Good knowledge of the latest version of MS Office and the ability to word process, work with spreadsheets, and use the proprietary applications of the company as assigned
- Effective written and oral communication skills.
- Relevant computer skills.
- Analytical and strategic thinking skills.
- Time and project management skills.
- Self-starter.
- Passion for excellence; attention to detail.
- Highly organized.
- Timeliness.
- Good judgment.
- Ability to maintain confidentiality.
- Ability to work well with others.
- A career with purpose.
- A career built on making dreams come true.
- A career built on building zero defect homes, cost management, and adherence to schedules.
- Experience closing simple & complex commercial transactions required
- Communicates with title examiner and underwriter to address attorney objection letters
- Communicates and coordinates daily responsibilities with the Commercial Services Manager
- Prepares supporting documents for signing
- Audits and closes file when all funds and documents are received
- Instructs the Disbursement of funds
- Writes escrow instructions consistent with the requirements of the parties and obtains their approval where appropriate with market standards; otherwise, complies with instructions provided by the parties
- Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits
- Reviews commitment and/or preliminary title report to verify vesting and legal description
- Reconciles discrepancies between instructions and title report with title officer and/or principals
- Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
- Prepares settlement statements
- Maintains confidentiality of all proprietary information and escrow transactions
- Understands and complies with escrow accounting procedures
- Understands and complies with Good Funds Law
- Solicits business in-person, development functions or activities or virtual
- Knows Rate Manual and quotes accurate fees
- Sustains agency’s ALTA Best Practices’ Compliance and certifications.
- Obtains over-limits approvals for transactions which exceed the agency’s limits.
- Stays current regarding new laws and procedures.
- Other duties and responsibilities as assigned by supervisor.
- Involvement in title industry associations.
- Minimum 3 years commercial transactional experience and background.
- Notary Public
- Appointments as licensed title agent in assigned jurisdiction(s).
- Extensive title insurance industry experience and background, preferably in underwriting or claims.
- Knowledge of title insurance laws and regulations in assigned jurisdiction(s)
- Knowledge of real property closing procedures and customs in assigned jurisdiction(s).
- Good knowledge of the latest version of MS Office and the ability to word process, work with spreadsheets, and use the proprietary applications of the company as assigned
- Effective written and oral communication skills.
- Relevant computer skills.
- Analytical and strategic thinking skills.
- Time and project management skills.
- Self-starter.
- Passion for excellence; attention to detail.
- Highly organized.
- Timeliness.
- Good judgment.
- Ability to maintain confidentiality.
- Ability to work well with others.
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