As of December 01, 2024, the average annual pay of Escrow Officer in Grand Rapids, MI is $52,904. While Salary.com is seeing that Escrow Officer salary in Grand Rapids, MI can go up to $72,818 or down to $39,841, but most earn between $46,066 and $63,328. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Escrow Officer in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $65,286 | $5,441 | $1,256 | $31 |
| Average | $54,540 | $4,545 | $1,049 | $26 |
| 25th Percentile | $47,491 | $3,958 | $913 | $23 |
An entry-level Escrow Officer with under 1 year experience makes about $51,435. With less than 2 years of experience, a mid-level Escrow Officer makes around $52,452. After 2-4 years, the Escrow Officer pay rises to about $55,287. Those senior Escrow Officer with 5-8 years of experience earn roughly $57,765, and those Escrow Officer having 8 years or more experience are expected to earn about $58,074 on average.
| Levels | Salary |
|---|---|
| Entry Level Escrow Officer | $51,435 |
| Intermediate Level Escrow Officer | $52,452 |
| Senior Level Escrow Officer | $55,287 |
| Specialist Level Escrow Officer | $57,765 |
| Expert Level Escrow Officer | $58,074 |
| Entry Level | 6% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 6% |
| Experienced | 6% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Community Relations: Creating, managing, and establishing a good and beneficial relationship with the communities to promote the welfare of the community.
Professional Development: Professional development refers to continuing education and career training after a person has entered the workforce in order to help them develop new skills, stay up-to-date on current trends, and advance their career.
| Skill | Salary | Demand |
|---|---|---|
|
Community Relations
|
$57,136 |
8%
|
|
Leadership
|
$56,607 |
7%
|
|
Brokerage
|
$56,607 |
7%
|
|
Accountability
|
$56,078 |
6%
|
|
Mortgage Loans
|
$55,549 |
5%
|
|
Showing Empathy
|
$55,549 |
5%
|
