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As an initiator, I decided to embark on a new business model.

By
Title Insurance with Family Abstract, Inc.

It was a little over 3 years ago when I took Family Abstract, a title insurance company located in Horsham Pa, that, along with my partner, is entering its Eleventh year, and did something we never did before.  As an initiator, I decided to embark on a new business model, I thought, "I have an idea, I'm going to start working on it tomorrow, I think it's going to work! 

With those 2 thoughts, we were able to remain a successful title insurance company, and we continue to grow. Family Abstract has a combined 100 years experience, I have an amazing partner and we have the all time best employees. We expanded our organization and the clients we serve. You are probably wondering what my idea was, you might even be curious to know if we are successful at it. 

That's not the right question!

The change was in our posture, the change was that for the first time in our history, we were not waiting for a sale to come to us, we were not waiting for a to-do list, we were not waiting for the future, we were creating it.   We weren't handed initiative, we took it!  We became a company that started something, a company that initiates, a company that is not afraid to fail if it'll make a difference.

YOUR TURN!!

Imagine that the world had No Brokers, No NAR, No MLS, No Bosses, No One telling You what to do.  If you lived in that world what would you do? 

Go. Do that! 

In the US the are 960,000 Realtors, on the horizon there is Google Realty and Amazon Realty that may sell the same widget you do for a fraction of the price?

Down the street there is another brokerage that is stealing your agents and your customers and charging a discounted fee that you cannot or will not.

The last travel agent has left the building.  Magazine publishers gave up their growth to bloggers.  Wikipedia doesn't have to grab the reins of authority from the Encyclopedia Britannica, contributors showed and did it.  The intermediaries and agenda setters are less important than they have ever been before". 

So, if money and access and organizational might aren't the foundation of the future of real estate, what is? 

Initiative.

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About Family Abstract, Inc.

Established in 2002, Family Abstract, Inc. provides Title Insurance to clients and customers throughout Florida, Maryland, New Jersey and Pennsylvania with more than 40 years of combined experience in management alone. We pride ourselves on retaining the most skilled and knowledgeable employees who share our goals of providing the best service in the industry.

Located in Horsham, Pennsylvania, Family Abstract, Inc. maintains an extensive network of skilled title insurance abstractors in all the states we service in addition to a nationwide network of qualified closing agents who are available to close loans at any location.

Backed by the strength of four title insurance underwriters, we are able to provide expert attention to detail without sacrificing versatility in the closing process, thus providing more options in difficult title situations. Due to our depth of industry knowledge and commitment to excellent service, Family Abstract, Inc. has been able to develop client relationships that have endured for decades.

Having successfully settled and insured thousands of transactions, we have already earned the trust and confidence of hundreds of customers, lenders, brokers, and realtors and now we would like to share our expertise with you!

Roger Stensland
Keller Williams Realty Puget Sound - Maple Valley, WA
Let's Move!

I wish you the best of luck with your initiative.  Your cartoon was funny too!

Apr 17, 2013 02:26 AM
Glenn Freezman
Family Abstract, Inc. - Horsham, PA

Thanks Roger, I do appreciate that!  All my best to you.

Apr 17, 2013 02:35 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Glenn - You are absolutely right, which is why we started Elevations Real Estate as a partners-only brokerage last November. It's working out well - we made 95% of our annual operating budget as of March 31st. Letting the standard models dictate your actions is not a good long term survival strategy.

Apr 17, 2013 03:25 AM
Glenn Freezman
Family Abstract, Inc. - Horsham, PA

Dick, thaat ius awesome, when did you strat the new model and how does it differ?

Apr 17, 2013 03:58 AM
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Nothing about this surprises me Glenn.  You certainly seem like a "make it happen" kind of guy.  My best to you for continued success.  

Apr 17, 2013 09:32 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Thanks for the post as I am researching business models so I am interested in what others think you seem to have put a lot of thought in to this pos

Dec 24, 2013 12:02 PM