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Old Republic Title · 1 week ago

Escrow Closer

Oak Brook, IL

Full-time

Onsite

Mid Level

$26/hr - $31.25/hr

3+ years exp

Old Republic Title is a company specializing in real estate services, and they are seeking an Escrow Closer to manage and facilitate real estate closings. The role involves reviewing agreements, ensuring accuracy in transactions, and maintaining professional relationships with clients and vendors.

InsuranceMortgageReal Estate

Responsibilities

Manages the closing transaction from start to conclusion

Reviews title commitments, decides how to cure any title problems and how to comply with any specific instructions

Determines how to prepare settlement statement in accordance with the terms of the purchase agreement, lender’s closing instructions, attorney closing requirements and applicable federal and state rules and regulations. Prepares settlement statement accordingly. Reviews and complies with instructions as to requirements for funding

Responsible for conducting a professional closing which includes following closing instructions; make sure all funds have been receipted and are good funds; confirms proposed disbursements match settlement statement; the file is balanced; all names and legal descriptions are shown correctly on each document; and file is fully balanced

Responsible for ensuring that all documents are recorded timely, lien payoffs completed and lender package sent to lender as applicable

Independently develops unique and effective strategies to retain current customers and obtain business from new customers

Must be able to independently make time-sensitive choices in matters that have a significant financial impact on the Company during the closing process

Must be able to professionally and diplomatically handle and resolve any complaints or disputes surrounding the entire closing transaction

Assist in establishing and maintaining guidelines and/or implementing new procedures to ensure quality, operational efficiently and performance levels

Assist in the development and maintain direct production capabilities and vendor networks capable of providing accurate, reliable and timely valuation product

Promotes the company through participation in public relations and events at various trade and industry functions; participates in customer events throughout the region. Participates in company focus groups, task forces and panels as requested to help modify or develop company practices and policies

Ability to work from 8:00 a.m. to 5:00 p.m. Monday through Friday

Ability to perform under pressure and be flexible with disruptions throughout the day

Ability to foster, develop and maintain professional and collaborative working relationships with peers, supervisors, outside customers, and vendors. Ability to interact effectively and professionally with all levels of management, employees and customers

All other duties as assigned by management

Qualification

Real estate closing experienceNotary commissionMicrosoft Office proficiencyAttention to detailCustomer service skillsPrioritizeVerbal communication skillsInterpersonal skillsProblem solving abilitiesOrganizational skills