Tuesday, May 24, 2011

Real Estate and Title Companies - How's The Market?

The number one question I hear is....
How are you guys doing?

Aside from the fact that this is a down real estate market,
we certainly are constantly challenged by outside forces such as:
• Banks that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• Real estate agents that own their own title company and think they are entitled to make more money off the consumer with title and closing fees.
• National title insurance underwriters who form a title company with banks and lenders thereby cutting out their own independent agencies so they make more money.
• Consumers who are afraid to speak up for themselves and let others take advantage of them!
Other than that, we have no problems.
We are doing better than most other title agencies.
The last figure I heard was over 50% have closed their doors
That saddens me.
On the brighter side…
We have many loyal clients who Trust their Title to Gateway and refer others to us.
For them, I am grateful.
Please, give us a call for you and your family’s title and escrow needs.
We’ll be here for you.

Thanks for Asking,
Rachel

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