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Maximizing the Market: How Dropping Interest Rates Affect the Title Industry
Few factors impact the real estate market as significantly as mortgage interest rates. When interest rates rise, mortgagors are faced with higher monthly payments, while lower rates make it more affordable for homeowners to finance their real estate purchases. The...
Navigating Success: The Power of Mentors and Coaches for Small Business Owners
They say that successful entrepreneurs aren’t born — they’re made. But what, exactly, are they made of? Those who launch and run profitable businesses share qualities such as determination, creativity, and keen intuition. However, gut feelings can carry one only so...
Shaping the Future: The Importance of Revenue Forecasting for Title Companies
Whether you’re a new or a seasoned title company owner, one thing is likely — you spend a great deal of time planning for the future of your company. You’re sure to have a solid business plan and a detailed budget. However, you may be neglecting one of the most...
Decisions, Decisions: Opening a Business on Your Own Versus Franchising
For the entrepreneur, few ventures in life can top the excitement of launching a new business. With that excitement comes a host of decisions, ranging from what to name your company and where to set up shop, to how many employees to retain and which technology to...
Beyond the Closing Table: How the Title Company Finalizes the Sale
There’s nothing quite like that post-closing feeling in a real estate transaction. Once the keys to a new property are handed over, the buyer and seller alike can celebrate this major milestone. However, after the closing papers are signed, the title company continues...
Does Your Title Company Provide Top-Notch Customer Service?
While products and services are important in any industry, it’s operations that keep businesses running smoothly — including at title companies. That’s why successful title agencies recognize that strategic management of operations like customer service forms the...
Fending off Fraud: Real Estate Scams and Their Impact on the Title Industry
With 2024 well underway, the title industry is in a strong financial position. According to a recent Allied Market Research report, the title insurance market was valued at $56.8 billion in 2022 and is estimated to reach $161.6 billion by 2032. That’s good news for...
Game Changer: The Importance of Nurturing Relationships
Game Changer: The Importance of Nurturing Relationships How would you answer when asked: What are the key ingredients needed to operate a successful title company? You might point to factors such as industry knowledge, attention to detail and top-notch customer...
Getting to Know ChatGPT: Your Title Company’s AI Assistant
Getting to Know ChatGPT: Your Title Company’s AI Assistant As 2024 unfolds, two of its hottest buzzwords are sure to remain “artificial intelligence.” AI is transforming the way business is conducted across nearly all sectors, and the title industry is no...
Get the Ball Rolling: How to Plan for Your Title Company’s Successful New Year
Get the Ball Rolling: How to Plan for Your Title Company’s Successful New Year! The end of the calendar year is a time to reflect on how much you’ve accomplished as a title company owner. While it’s always beneficial to look back, the new year presents you...