And it reflects poorly on the entire real estate industry. Every person involved in real estate is affected by the negative actions of others in the industry. When consumer read the latest news about a title company ripping them off or a mortgage lender doing the same they believe everyone involved in real estate is corrupt. Working in the title industry I know there are a lot of good people and companies out there but if you just read the news you would assume that everyone involved in title insurance is trying to rip you off. I don't like it and want it to stop.
Everyone involved in real estate transactions need to change this. Title insurance companies must stop enticing others with gifts and money to send them business. On the other end those being enticed need to say no. Everyone should be working for the consumer. If these illegal kickbacks don't work they will stop. If we all focus our efforts on the actual client (consumer) we will make the industry more friendly and reputable in the eyes of the public.
The regulators and governments seem unwilling to clean this mess up so it is up to those in the industry to do it.
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