Closing Agent, Title Salary

Title Closing Agents in the United States tend to have a good amount of experience under their belt — close to one-half have more than 10 years in the field. While pay runs from $26K to $57K per year, median earnings come to $40K annually. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Work is enjoyable for Title Closing Agents, who typically claim high levels of job satisfaction. Nearly two in five of professionals in this line of work do not receive benefits; however, more than half report medical coverage and close to a third claim dental coverage as well. This report is based on responses to the PayScale salary survey.
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$28,760 - $58,478
(Median)
$29K
$40K
$58K
MEDIAN: $40,304
10%
50%
90%

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$11.08 - $20.45
(Median)
$11
$15
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Salary
$28,760 - $58,478  
   
Bonus
$0.00 - $10,174  
Profit Sharing
$6,000  
Commission
$6,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,539 - $57,186  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 294
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$11.08 - $20.45  
   
Hourly Tips
$0.00  
Overtime
$16.19 - $32.97  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $10,174  
   
Commission
$6,000  
Profit Sharing
$6,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,539 - $57,186  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 152
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Job Description for Closing Agent, Title

A title closing agent plays a key role in finalizing real estate and mortgage transactions. They are responsible for making sure that the titles in transactions are legitimate and pose no problems for their employer; any problems with the title need to be highlighted by the agent. Research is an important part of this position, as the title closing agent needs to find all relevant information about the title so that a satisfactory settlement statement can be produced.

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Closing Agent, Title Tasks

  • Identify any informational or clerical errors and resolve quickly.
  • Develop positive working relationship with clients and partners to grow professional opportunities.
  • Aggregate all documents required for loan closings and verify information is complete and accurate.

Closing Agent, Title Job Listings

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Title Closing Agents only report a few specific skills. Most notably, skills in Real Estate, Notary, Customer Service, and Legal Document Review are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Legal Document Review.

Pay by Experience Level for Closing Agent, Title

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Title Closing Agents do not generally earn higher incomes from more experience in the field. Salaries for the relatively untried average out to around $32K, but survey participants with five to 10 years of experience earn a significantly higher median of $39K. Title Closing Agents claiming one to two decades of experience make an estimated median of $42K. After two decades in the workforce, the average Title Closing Agent generally earns more than ever; median pay for this group is estimated at $45K.

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Experience Affects Closing Agent, Title Salaries

Late-Career
up arrow 15%

Experienced
up arrow 6%

Mid-Career
0%

National Average
$39,000

Entry-Level
up arrow 18%

Skills That Affect Closing Agent, Title Salaries

Real Estate
up arrow 6%

Notary
up arrow 5%

Customer Service
0%

National Average
$39,000

Legal Document Review
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 64 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
5%
1-4 years
26%
5-9 years
17%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 59%
dental benefits
Dental: 34%
medical benefits
Vision: 25%
dental benefits
None: 39%
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