Full-Time

Escrow Officer

W/ book of biz

Confirmed live in the last 24 hours

Divvy Homes

Divvy Homes

51-200 employees

Rent-to-own model for homeownership access

Real Estate

Senior

Phoenix, AZ, USA

Hybrid position based in Arizona.

Category
Real Estate
Real Estate Property Management
Real Estate Sales
Required Skills
Customer Service
Requirements
  • Strong communicator, who can work cross-functionally with multiple teams
  • Technical aptitude and ability to communicate effectively with customers via phone and email
  • Strong Business Development skills and relationships with established clientele
  • Ability to work in a fast-paced, high-growth environment as an individual contributor and in collaboration with others
  • A high degree of organization
  • Computer competency
  • Proficiency with the Microsoft Office Suite
  • Fluency with escrow and title software, ideally Qualia
  • 5+ years of experience in escrow and closing
  • Strong focus on problem-solving with excellent customer service skills
  • State licenses are encouraged, but not required for hiring
  • Ability to multitask effectively and handle a high volume of transactions
Responsibilities
  • Comply with state and federal laws governing escrow transactions and escrow trust accounts
  • Open escrows and communicate with all parties involved to coordinate the transfer of the deposit into escrow and collect all information necessary to set up the file
  • Prepare and deliver preliminary fees
  • Prepare and deliver documents for signature
  • Review title commitment and resolve curative issues
  • Schedule closings
  • Review executed loan documents and return to lender for funding review and approval, in accordance with their specific instructions
  • Perform clerical duties such as filing, answering phones, typing forms and corresponding with parties to the transaction
  • Manage tasks and workflow for assistants and processors working directly on your transactions

Divvy Homes provides a rent-to-own model that helps individuals and families achieve homeownership. The company purchases homes chosen by clients and rents them out, allowing clients to live in the home while saving for a down payment. A portion of the monthly rent contributes to this down payment, making it easier for clients to eventually buy the home. Divvy operates in various U.S. markets, including cities like Phoenix, Orlando, and Atlanta. Unlike traditional mortgage routes, Divvy offers a more accessible option for those who may not qualify for a mortgage right away. Clients can choose a home from Divvy's listings, and while Divvy manages major repairs, tenants are responsible for everyday maintenance. If clients decide not to purchase the home, they can walk away with their savings, minus a fee. The goal of Divvy Homes is to provide a flexible pathway to homeownership, making it easier for more people to achieve their dream of owning a home.

Company Stage

Debt Financing

Total Funding

$379.4M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-26%

2 year growth

-53%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of DivvyUp demonstrates the company's commitment to preparing clients for homeownership, potentially increasing client success rates.
  • Recognition in the 2023 Best of Proptech Awards highlights Divvy's innovation and leadership in alternative financing.
  • Divvy's significant funding, including a $200 million Series D round, provides a strong financial foundation for future growth and expansion.

What critics are saying

  • Multiple rounds of layoffs, including a recent cut of 94 employees, indicate potential financial instability and operational challenges.
  • High-profile investors like Tiger Global and SoftBank may exert pressure for rapid growth, leading to strategic missteps.

What makes Divvy Homes unique

  • Divvy Homes offers a unique rent-to-own model that allows clients to build a down payment while living in the home, unlike traditional mortgage models.
  • The company's focus on major U.S. markets like Phoenix, Orlando, and Atlanta provides targeted opportunities for homeownership in high-demand areas.
  • Divvy's shared responsibility model for home maintenance ensures that tenants are not overburdened with repair costs, setting it apart from other rent-to-own schemes.

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Benefits

100% remote first culture

Flexible PTO

Monthly mental health day

Generous leave policies

Company-sponsored Modern Health coaching & therapy sessions

Equity

Paid medical benefits

401k match & access to a financial planner

Professional development stipend

Remote workspace allowance

Monthly co-working space stipend

Paid parental leave