What are the responsibilities and job description for the Manager/ President Ocean City region. position at Royal Abstract?
Join a team that is an industry leader in the Shore Area, serving South Jersey, Atlantic and Cape May Counties for over 50 years. . We offer an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Candidates will join a team of qualified professionals working together in a fast-paced environment, meeting deadlines conducting real estate transactions. . Superb customer service skills are essential as you will be assisting clients throughout the transaction process and coordinating with a variety of attorneys, lenders, loan officers and real estate offices. Competitive salary and benefits commensurate with experience.
Job Summary
- The is responsible for handling real estate transactions by conducting closings, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures.
- reviewing transaction documents and regularly update and maintain communication with clients, agents, lenders, teammates.
- Order, track, receive and distribute all items and services to customers and all related parties as required.
- Properly document notes in every file
- Enter client and transactional information into the settlement system and track transaction activity
- The is responsible for all the functions required to prepare files to close; organizing data and coordinating Sellers and Buyer sides and needs, with Lenders and Title information and requirements, while communicating with all parties including Realtors and Attorneys. Communication skills are a must and ability to pay attention to details is essential.
Essential Functions
- Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
- Determines closing requirements by studying and clarifying buyer, seller, and lender instructions.
- Orders title reports for issuing title insurance, resolving title defects, satisfying existing liens and encumbrances against property or principals.
- Establishes escrow account by depositing funds, maintaining records.
- Prepares transaction documents by completing forms and statements, collecting and reviewing existing documents.
- Completes calculations by prorating taxes and interest and populating settlement statement with accuracy
- Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
- Completes closing by recording and filing documents, preparing and distributing final closing statements and title. Prepares settlement statement by utilizing lender instructions.
- Closes escrow account by balancing and disbursing funds.
- Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Knowledge and Skills/Technology Used
- Familiar with standard concepts, practices, and procedures within the escrow/title industry field
- Knowledge of Outlook applications and title software,
- Good client relations and organizational skills
- Ability to write reports and correspondence
- Ability to speak effectively and interact with all parties to the transaction
- Ability to calculate figures and amounts such as prorations, interest, commissions, lenders instructions
- Detail-oriented and professional; able to handle confidential information
- Ability to deal with multiple types of roles such as real estate sellers, buyers, agents, and brokers
Typical Education
- High School diploma or equivalent
- New Jersey Title Insurance Producers License
Typical Range of Experience
- 2 or more years title related experience
- Experience directly handling escrow transactions as a settlement officer or title processor
- Residential transactional experience required, commercial transactional experience a plus
License or Certification
- Valid Licensing/Certification as required by New Jersey
Job Type: Full-time
Pay: From $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
Salary : $60,000