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Brookfield Properties · 3 days ago

Escrow Lead

Costa Mesa, California

Full-time

Onsite

Mid, Senior Level

$85K/yr - $95K/yr

5+ years exp

Brookfield Properties is a leading North American land developer and homebuilder committed to creating exceptional life experiences. The Escrow Lead is responsible for managing the escrow process, ensuring seamless closings, and collaborating with sales teams and lenders to track escrows and loan approvals.

Commercial Real EstateConstructionCoworkingHospitalityLogisticsProperty DevelopmentProperty ManagementReal EstateResidentialRetail

Responsibilities

Consistently manage escrow pipeline for homes sold in backlog

Ability to look at future months ahead and accurately plan workload accordingly

Prepare for future closing months by having final pricing complete, flooring released, closing documents to escrow, etc

Lead BRP Mortgage and Sales Team loan status update calls

Actively maintain the escrow status log for managed neighborhoods

Track all loan approvals in Newstar, lenders, FHA loans, termites, building finals, and flooring releases

Send Escrow all funding conditions as soon as the request comes in

Review each purchase agreement to verify contract is accurate and complete

Manage the processes of accurately booking the sales, capturing the net costs of sale including incentives and discounts in InformXL and Newstar

Complete all Net Cost of Sales (NCOS) and sales revisions, which are audit documents

Route via DocuSign all Net Cost of Sales/Sale Revision and store in the electronic file when complete

Confirm all required documents are in the lot file at closing (within the electronic files)

Enter approved pricing into Newstar Enterprise

Distribute pricing to internal team members and route matrix for signature approvals

Maintain pricing on unsold homes for accuracy and update all pricing adjustments

Maintain and track closing dates to ensure they are accurate on all internal systems

Adjust tentative close date to actual date

Manage walk and close date schedules

Close all homes in the system when closing confirmation is received

Tie all Closing Statements to the net revenue and close out home in Newstar Enterprise

Update Escrow and lender with any closing date changes

Keep track of all incoming and outgoing checks by logging them into Newstar

Obtain all orientation tours from the sales teams, input into Newstar

Maintain Orientation/Close Schedule and send out all walk and close date letters

Order and track through Newstar all termite reports, NHD’s and Tax Reports

Maintain the Referral tracking log in Newstar and request all referral checks. Distribute to sales teams

Maintain Internal and External Relationships

Grant Deeds

Review final sales prices in lot file summary form

Qualification

Escrow managementNewstarSalesforceNotary PublicMicrosoft OfficeDetail orientationMulti-taskingCommunication skillsOrganizational skillsInterpersonal skills