An escrow officer is a neutral third party who manages the escrow process during real estate transactions. Their primary role is to hold and safeguard funds and documents until all conditions of the sale are met. This ensures that both the buyer and seller fulfill their obligations before the transaction is finalized. The escrow officer coordinates communication between the involved parties, including the buyer, seller, and their respective real estate agents. They prepare necessary paperwork, verify that all terms are satisfied, and facilitate the transfer of ownership, ensuring a smooth and secure closing process.