Closing Agent, Title Salary

With approximately half of Title Closing Agents in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $25K to $54K per year and averages out to $40K annually. Residence is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Title Closing Agents is high. Not all workers are lucky enough to have benefits; in fact, over a third are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by more than a third. This overview is based on answers to PayScale's salary questionnaire.
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$27,649 - $54,619

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$11.06 - $20.28

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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$19K$38K$57K
Salary
$27,649 - $54,619  
   
Bonus
$0.00 - $9,123  
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).
)
$25,298 - $54,424  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 254
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
$11.06 - $20.28  
   
Overtime
$15.78 - $32.44  
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 - $9,123  
   
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).
)
$25,298 - $54,424  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 130
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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 who responded to the survey report just a handful of professional skills. Most notably, skills in Real Estate, Customer Service, Notary, and Legal Document Review are correlated to pay that is above average. Skills that seem to negatively impact pay include Legal Document Review and Notary.

Pay by Experience Level for Closing Agent, Title

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


Experience and pay tend to be weakly linked for Title Closing Agents — those with more experience do not necessarily bring in higher earnings. Respondents with less than five years' experience take home $31K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $39K. Title Closing Agents see a median salary of $41K after reaching one to two decades on the job. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $44K, demonstrating that compensation is roughly commensurate with experience in the end.

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Experience Affects Closing Agent, Title Salaries

Late-Career
up arrow 14%

Experienced
up arrow 6%

Mid-Career
up arrow 1%

National Average
$38,000

Entry-Level
up arrow 19%

Skills That Affect Closing Agent, Title Salaries

Real Estate
up arrow 10%

Customer Service
up arrow 2%

National Average
$38,000

Notary
up arrow 6%

Legal Document Review
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 57 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
5%
1-4 years
28%
5-9 years
16%
10-19 years
36%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 61% dental benefits Dental: 36%
vision benefits Vision: 25% employee benefits None: 37%
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