What are the impacts of technology to watch for in the title business? There’s no doubt our industry will become increasingly automated over time. Technology won’t be an overnight disruptor; it won’t be like Expedia and Travelocity, which showed up and killed the travel agency…

The COVID-19 pandemic, together with the lowest mortgage rates in history, are radically impacting housing demand. Existing home sales soared a record 24.7 percent in July as the average rate on the 30-year fixed-rate loan fell below 3 percent for the first time. Americans seeking…

The threat of cybertheft to title agencies’ data is enormous and growing quickly: The Miami Herald called it “the fastest-growing form of real estate cybercrime in the U.S.” In fiscal year 2017, $969 million was “diverted or attempted to be diverted” from real estate purchase…

Washington, D.C. (June 2, 2020) – Founder and Managing Director of String Real Estate Information Services (“String”), Prashant Kothari discusses the firm’s efforts to move all employees to a work from home model, and reports operational capacities now surpass pre-pandemic volumes by 15%. How has…

The residential real estate landscape is facing potential disruption from multiple sources. The two that could immediately affect title insurance are new investment models that have arisen. The first model consists of institutional investors, such as Invitation Homes and American Homes 4 Rent, which began…

What’s the number one step Title Agents can take to grow their operations? Find a system to track goals and progress. This is absolutely vital for the health and growth of a title business. Over String’s two decades in the business, we’ve seen hundreds of…

In a previous post we discussed the importance of measuring performance in growing a title business. What key metrics should be tracked? Choose 10 to 20 financial, productivity and turn-time metrics that are critical to the performance of the agency and then monitor them on…