I wanted to give a shout out to our title companies and how (SOME) of them go the extra mile to get our business and some don't seem to care that much. I made up my business plan for this year and made commitment to connect with more title companies, so when I need my farming materials I would have a better supply than I did last year. I have found you can't depend on just one to supply your needs, if you are doing allot of door knocking. With the market the way it is now, door knocking is in - at least for me.
What I have found is that a title company sales representative will come to you and promise you the moon in order to get (ALL) of your transactions. They will come and speak at your office meetings, bring lunch and even sit down and meet with you individually and try to help you get up to par so that you will bring in the money (opps I mean transactions). But what they really want is the whole office's buisness, not just your 1 and 2s --- they want volumn. So they are really trying to impress the broker and depend on him to talk to the office and try to swing them over that way.
Once they feel that they have you hooked, have you notice that they just walk away and don't come back around you unless you are not calling them with escrows. I have had one case were I asked for materials and they were so low that they could not give me any. They know that the business is slow right now, but that does not mean that we agents don't have to continue to go out and door knock and try to drum up business and that we need the materials to do that (buyer's handbooks, seller handbooks, foreclosure material, short sell leaflets, maybe a few door hangers, etc.).
So I have had to move my loyality to another title company that is happy to give me the materials I feel I need in order to better approach the public. I figured out that it is real good at first with the sales rep so get as much as you can then and always keep another title company sales rep's number handy. Because if you are not bringing in big hugh volumn you might be forgotten by the present title company rep.
Don't get me wrong, I love the title company's help. I have just ran into a few bad ones that do not put that extra in their efforts unless you are among the tip top producers.
Anyone else experiencing this problem? Who are your best title companies to work with?
Rosemary
http://www.motheranddaughterrealty.com/
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Can you say RESPA VIOLATION?
It is illegal for title companies to do what you are describing. The fines can be in the 7 figure range.