Full-Time

Escrow Officer in-office

Posted on 11/15/2024

First American

First American

10,001+ employees

Provides title insurance and real estate services

Financial Services
Real Estate

Entry, Junior

Princeton, NJ, USA

This role is in office 5x week in Princeton, NJ.

Category
Real Estate
Real Estate Property Management
Real Estate Sales
Requirements
  • Experience directly handling escrow transactions as an escrow assistant preferable
  • Openness to new technology and proprietary programs; adjusts easily to new workflow
  • Passion for helping customers while maintaining a professional and positive attitude
  • Excellent verbal and written communication with both our internal team and external customers; comfortable using various types of communication to meet customer needs
  • Problem solver with strong organizational skills, is detail oriented, and knows how to navigate internal and external resources to resolve issues
  • Thrives in contributing to a team working together to deliver beyond customer expectations
  • Comfortable guiding and supporting future talent learning the business
  • Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies
  • Valid Licensing/Certification as required by applicable state
  • High school diploma or equivalent
Responsibilities
  • Complete real estate escrow transactions by determining requirements
  • Act as a neutral liaison between file parties, adhere to company policy, and monitor and mitigate risk to the company
  • Responsible for ensuring that all funds are properly accounted for and disbursed in accordance with the terms of the contract and our company policy
  • Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction
  • Examine property titles, mortgages, and trust deed documents
  • Prepare legal documents for the closure of the sale
  • Complete closing by recording and filing documents, preparing, and distributing final closing statements and title

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, making it a leading provider of real estate data solutions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Company Stage

N/A

Total Funding

$800.2M

Headquarters

Santa Ana, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • First American's strategic acquisitions, such as Mother Lode Holding Company, enhance its market position and service offerings.
  • The company's focus on digital transformation, evidenced by the acquisition of Docutech, positions it well for future growth in the digital mortgage space.
  • Being recognized as a Fortune 100 Best Company to Work For highlights a positive work culture and strong employee satisfaction.

What critics are saying

  • The recent data breach allegations could damage First American's reputation and customer trust.
  • The highly competitive real estate and insurance markets require continuous innovation to maintain market share.

What makes First American unique

  • First American's comprehensive suite of services, from title insurance to real estate data solutions, offers a one-stop-shop for real estate transactions, unlike competitors who may specialize in only one area.
  • Their proprietary platform, myFirstAm®, provides seamless access to property information and transaction management, setting them apart in terms of technological integration.
  • The company's extensive database, covering 99% of U.S. housing stock, provides unparalleled data insights for real estate and mortgage decisions.

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Benefits

401k matching

Health, vision, dental insurance

Professional development