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Real Estate: Escrow (SC)

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Help Real Estate Buyers and Sellers Navigate the Complex Escrow Process

The real estate industry is constantly changing, but one thing that stays consistent is the escrow process. A career in real estate that focuses on the escrow process will provide you the opportunity to help buyers and sellers complete the technical part of their real estate transaction and make their purchase final.

Escrow is a complex process of rules and regulations, numbers, dollars, and cents and is best handled by someone who understands these, as well as knowing particular codes that the city or state may mandate for property transactions.

You will work with real estate agents, brokers, attorneys, and accountants and will coordinate all parties involved to bring a purchase to fruition. Working in escrow is a fulfilling career as you are able to contribute to your region’s economy through the real estate purchase and sale process. You will help businesses grow, and help people realize their dreams of homeownership.

Careers in Real Estate: Escrow 

A career in Real Estate is more than just selling homes. It includes escrow, property inspection, deeds, and document handling, and many other important roles.

Here is more information about what you could do after receiving a Skill Certificate in Real Estate: Escrow: 

Career information below is taken from bls.gov  November 2019. Go to bls.gov for most current career information.

Evaluate, authorize, or recommend approval of loan applications for people and businesses.

Data for Los Angeles/Long Beach/Anaheim

Typical Education Level: Salary: Hourly Median Wage:
Bachelor’s Degree $63,040/year
$30.31/hour
Work Experience in a Related Occupation: Job Outlook 2018-2028: Number of Jobs 2018:
None needed 8% increase

316,200

Appraisers and assessors of real estate provide a value estimate on land and buildings.

Data for Los Angeles/Long Beach/Anaheim

Typical Education Level: Salary: Hourly Median Wage:
Bachelor’s Degree $78,940/year $26.43/hour
Work Experience in a Related Occupation: Job Outlook 2018-2028: Number of Jobs 2018:
None needed 7% increase

80,100

Take care of the many aspects of residential, commercial, or industrial properties.

Data for Los Angeles/Long Beach/Anaheim

Typical Education Level: Salary: Hourly Median Wage:
Some college $58,340/year  $28.05/hour
Work Experience in a Related Occupation: Job Outlook 2018-2028: Number of Jobs 2018:
None needed 7% increase

363,000

 

What You’ll Learn at LASC in Real Estate: Escrow 


LASC’s Real Estate: Escrow Skill Certificate will provide you with the knowledge of the real estate escrow process and how it is central to the purchase and sale part of a real estate transaction. You will review case studies and understand issues that may arise during the process along with principles and fundamentals to solve those issues.

  • Gain critical thinking skills as you learn to coordinate multiple roles to bring an important project to a successful close with multiple parties involved.
  • Gain knowledge about the real estate industry in your region and an in depth understanding of the escrow process as you grow your career in real estate.
  • Become an important part of your region’s economy. Get involved in your community and help your employer succeed by developing new relationships that will use your escrow services in the future.
  • Want to get a bachelor’s degree? Visit your academic counselor or the Transfer Center to find out how you can benefit from going to a four-year college or university.

Degrees & Courses You Will Take 

LASC’s Skill Certificate in Real Estate: Escrow and our suggested course of study for this program are listed below. Go to LASC’s current Course Catalog for specific course information:

Major Code: 511.03
Total Units Required: 9

When you successfully complete this program, you will be able to:

  • Have the skills necessary to work in an escrow office and manage the escrow process.
  • Prepare buyer and seller closing costs and final statements to help conclude the purchase and sale of the property.
Required Courses: Units
REAL ES 11 Escrow Principles    
3
REAL ES 12 Escrow Practices 3
REAL ES 13 Escrow Case Problems  3
TOTAL UNITS 9

Get Ready Before You Start at LASC

Interested in a career in Real Estate: Escrow? Before your first class starts at LASC, you can start preparing for your career:

  • Make an appointment with your LASC academic counselor to review LASC’s program, start to develop a Student Education Plan (SEP), and discuss what additional support services, opportunities you can take part in.
  • Once you’re at LASC check out the clubs and activities you can take part in. Begin networking with fellow students and faculty to demonstrate your commitment to your future and develop contacts for possible job opportunities when you graduate.

Program Learning Outcomes 

When you successfully complete this program, you will be able to:

  • Have the skills necessary to work in an escrow office and manage the escrow process.
  • Prepare buyer and seller closing costs and final statements to help conclude the purchase and sale of the property.