Should I Become a Title Closer?
Title closers help review and complete documents needed to process real estate title closings. They might work for title companies, law offices or corporate businesses engaged in purchasing property. Closers' work hours may vary, depending on the work setting and their clients' scheduling needs.
A high school diploma or the equivalent may be sufficient, but some employers also seek candidates with 1-3 years of work experience. A closer who is commissioned as a notary public may be preferred.
|Education Level||High school diploma|
|Certification||Notary public certification available|
|Experience||None required, but some employers seek candidates with 1-3 years title closing experience|
|Key Skills||Interpersonal, oral and written communication; customer service and organizational skills; knowledge of title processing and closing laws and procedures; able to complete 2010 version of HUD documents|
|Salary (2014)||$43,080 per year (Median salary for all title examiners, abstractors and searchers)|
Source: U.S. Bureau of Labor Statistics
Step 1: Complete Necessary Coursework
Earning a high school diploma or the equivalent is required to work as a title closer. Title closers review documents prior to closing and organize the transfer of money after a closing. Classes in keyboarding, research skills, computer use and math might help prepare an individual for a career as a title closer.
Step 2: Begin Working as a Title Closer
A title closer prepares documents for closings; reviews liens, judgments and other title commitments on properties to ensure they're cleared prior to closing; and makes certain that all title closing documents are legally compliant. They also communicate with lenders and realtors, obtain insurance certificates and provide necessary disclosures about property titles.
Step 3: Consider Becoming A Notary Public.
The designation of notary public can broaden employment opportunities for title closers as some employers will seek out title closers who have received this certification. A notary public is authorized to act as an official witness to legal transactions. Requirements to become a notary public are established by each state and might include paying a fee, completing a training program and passing an exam. Continuing education is usually required to maintain the credential.