Nikesh Parekh, Technology Entrepreneur, Executive, & Investor (Suplari, Inc.)

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Ambassador
3,991,558
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Nope. It's about the service, trust and dependability I've experienced

Apr 20, 2016 08:49 AM
Rainmaker
4,451,202
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nikesh.

I would stay with the tried and true.  Last I checked, they all have the latest and greatest. A

Apr 20, 2016 07:52 AM
Rainmaker
2,791,645
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

NO, I would not.

It's not a matter of speed.  I choose my escrow officer and title company based upon their overall 'SERVICE" and knowledge.  My title company uses all the technoloy needed to close a transaction.  You could not pay me to move. The only way I would move is if my escrow officer changed companies.  She is the BOMB!!!  

Apr 20, 2016 08:32 AM
Rainer
69,338
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

Offered who $500? The title industry is heavily regulated. Best check to make sure it's legal. 25% faster??? If I recall, title companies rely on lenders and agents timeliness on documents to complete their work. If they don't get final numbers from the lender to balance until the last minute, how is that 25% faster? Since our state regulates title insurance rates and fees, it really is a measure of service and who does the service the best.

Apr 21, 2016 07:58 AM
Ambassador
1,207,209
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Service, service, service.  

Nothing else matters.  

Apr 20, 2016 10:38 AM
Rainmaker
442,229
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I would stick with my trusted vendors.  If someone told me they would deliver 25% faster, I would say they would have to complete the order before I ordered it, and FAST is NOT a determining factor for Title Insurance in my opinion.  A competent closer can make a world of difference at the closing table.

Apr 20, 2016 10:00 AM
Rainmaker
1,026,990
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

The title company we use are ones we TRUST, the ones who have cracker jack processors and post settlement closers whom we know will get the job done correctly.

Apr 20, 2016 08:09 AM
Rainmaker
536,538
Mark Don McInnes, Sandpoint
Sandpoint, ID
North Idaho Real Estate - 208-255.6227

I am on board with Jeff Dowler CRS 100%.  Trusting who you are working with, and how they work is paramount.  Someone trying to buy business with $500 would send a red flag up for me immediately.  Mark

Apr 20, 2016 03:51 PM
Rainmaker
706,107
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I would consider a professional, respectful, helpful and thorough title/escrow company who was 25% faster to be extremely valuable--and would advise clients they are worth paying MORE for.

Apr 20, 2016 08:21 AM
Rainmaker
705,051
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Technically, we don't decide what title company - clients do. However, we may suggest, recommend or refer IF they don't know which title/escrow company to use for their transaction.

That being said - the selection of title/escrow company has really nothing to do with what you suggest. The speed in particular is totally irrelevant especially for a TRID transaction. And in some states, title/escrow companies cannot offer 'rebates' since the rates are published and state approved - except for some discounted classes of buyers/sellers, like for example first responders and investors....

Apr 21, 2016 10:01 AM
Rainmaker
180,011
Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate

About 20 years ago, while working at a major title company, I remember hearing of a one location title company, do not remember who the title insurance underwriter was, but the company closed its doors with closings supposed to be taking place. Proceeds checks not clearing when expected to etc. etc.  I like the safety of major underwriters if they give great service and want nothing less than that for our clients and ourselves.

Apr 20, 2016 02:58 PM
Ambassador
891,912
John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

I choose based on 2, and only 2 parameters.   Cost, and service.

Cost is a minor detail, as long as they're competitive.  Service is paramount -- I need someone that can change things quickly last minute, be available when I'm available (almost always), and works their butt off to make sure their part in the transaction goes great.  

Apr 20, 2016 01:56 PM
Rainmaker
3,982,614
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No I would not switch.  Mine charges $375.  She has over 30 years experience...I will take that over price anyday

Apr 20, 2016 12:21 PM
Rainmaker
1,323,024
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Legality aside...

If you're dealing with a competent Title Company / escrow officer they aren't going to be 25% slower than anyone else!  Why would you ever use someone incompentent in the first place.    Besides, The Title Company has limited tasks on which they control the timeframe.  As far as actually getting  a transaction closed, the bank / funder dictates that by how soon their requirements are fulfilled.  

Apr 20, 2016 09:26 AM
Rainmaker
1,015,377
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I thought it is illegal to give rebate in our area.  Your select them for service quality. 

Apr 20, 2016 07:49 AM
Rainmaker
564,123
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Nikesh, I don't go searching for discounts from title companies. Our number one concern is service. We have built a long relationship with our preferred title company in Wisconsin, Midwest Title Group, in Ashland. I trust them to handle our transactions (and clients) in the best possible manner.

Apr 20, 2016 07:49 AM
Rainmaker
637,125
Mike McCann - Nebraska Farm Land Broker
Mike McCann - Broker, Mach1 Realty Farmland Broker-Auctioneer Serving Rural Nebraska - Kearney, NE
Farm Land For Sale 308-627-3700 or 800-241-3940

Well Nikesh Parekh I am not sure why you are asking but it is pretty obvious that the vast majority here are in agreement that discounts are irrelevant and speed is not really an issue with Title Companies as they almost always are waiting on the buyer or seller or lender or some other issue to be cleared before they can close.

Apr 21, 2016 10:51 AM
Rainmaker
179,393
Melissa Spittel
Coldwell Banker Residential Brokerage - Westminster, MD
"Achieving Results Together "

In Maryland, buyers choose the title company. I always recommend 3 to be fair. We have an in-house title company, but there are also others in the area. The buyer's decision is frequently based on the location of the property they are purchasing. The in-house title company travels to my office, which is very convenient for the buyer. I had a client use an out-of-area title company last year because a $500 credit was offered. The day before closing, the lender (a credit union) refused to accept the credit.

Apr 21, 2016 09:28 AM
Ambassador
912,507
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Trust and Service to the clients is so important in my direction where to send the business. 

Apr 21, 2016 04:35 AM
Rainer
366,853
DEANNA EARLY - - ( NMLS # 268590 )
American National Bank & Trust - Smith Mountain Lake, VA
Highest Ranked Mortgage Loan Originator Virginia

The Bank has a list of approved LOCAL title companies that we use.   I have three or four that get the bulk of my referrals based on past performance, not promises of future activity.

Apr 21, 2016 03:53 AM
Rainmaker
3,000,789
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I never like to try someone new, i prefer trusted, someone that i have used and does a good job every time. Communication is a must. Doing it right is mandatory and not delaying the closing is huge. 

Apr 20, 2016 10:58 PM
Rainer
35,294
Corey R. Roberts
Keller Williams Realty—Yuba Sutter - Yuba City, CA
Turning Dreams into Realty.

I would absolutely agree to switch companies. My loyalty is to my buyer first. If I can cut closing costs and the time to close, I wouldn't hesitate. Right now I base it off the relationships I have with the title company reps. I'd at least give them a test run, or find out how they worked through other agents

 

Apr 20, 2016 03:08 PM
Ambassador
2,864,479
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

First, I'm in Georgia which is an attorney state, not a title company state, but same process, different method.  The closing attorney if a loan is involved represents the lender and technically the lender CAN decide. That being said mostly buyers decide and many times based on the recommendation of the buyer's agent.

Now to why I recommend who I recommend.  They are honest, communicate well, very smart, tech savvy, accommodating beyond expectations, & conveniently located with great parking. If I were buying right now I would not buy unless the attorney I recommend had reviewed the title.  Also his legal assistant is very professional and also communicates well. 

That being said, their fees could not be $500 lower.  Their fee isn't $500.  Of course there are title fees that pass through for the abstract and the title insurance fees (which they also do not control) But they only charge $450 in attorney fees for a closing.

Apr 20, 2016 02:40 PM
Ambassador
3,983,049
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I would at least give them a try to see if they could follow through. The $500 savings would be a big help to many of my buyers and allow them to have some money left for things like curtains, furniture and decorating. 

Apr 20, 2016 11:56 AM
Ambassador
3,676,995
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

I want a title company who is totally competent, has all title issues that could be problems on the table within a week of ordering title, and who knows how to conduct a flawless settlement.  And did I mention being calm with the negotiating skills of a career diplomat?

Apr 20, 2016 11:50 AM
Rainmaker
2,704,775
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

I use the title company that has the best escrow officer and most efficient support staff...they are already 25% faster than their competitors

Apr 20, 2016 10:14 AM
Rainmaker
746,215
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Normally the buyers choose title company.

Apr 20, 2016 09:23 AM
Ambassador
2,215,409
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

I recommend title officers who treat my clients with care, rather than an agenda to fulfill. Those who also have excellent communication, are industry savvy and trustworthy.

Apr 20, 2016 09:05 AM
Rainmaker
533,641
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

In Florida, illegal kickbacks are alive and well.  Many real estate offices only do business with their title affiliate or someone who offers them a "benefit".

There are agents out there that will kill a deal if you don't use their title company. Yes, of course it is illegal.

Title companies in Florida do shoddy work that is undependable.  They will exclude protections from the title insurance and then charge you for add-on's putting back the protection that they just removed.  

Title companies will be favorable to the hand that feeds them and will try to charge the buyer for fees that belong on the sellers side.  If you are not the rainmaker for them, you are a nobody to them.

I like to use attorneys that own title companies.  I only use competent and experienced people.

Just like agent and mortgage brokers...experts don't discount their services.

Cheap is never good so  I prefer expertise over discounts.

Eve

Apr 20, 2016 08:34 AM
Ambassador
1,974,111
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

In our area, sellers typically choose the title company because they most often are paying for the title search, title insurance and other related fees. Sellers are free to shop around for the best rates. 

Apr 20, 2016 08:02 AM
Rainer
389,343
Anna Hatridge
Goodson Realty - Farmington, MO
Missouri Realtor with Goodson Realty

Our clients choose the title company, both the buyer and seller choose who they want to do business with for each transaction.

May 04, 2016 03:47 AM
Rainmaker
187,007
Nikesh Parekh
Suplari, Inc. - Seattle, WA
Technology Entrepreneur, Executive, & Investor

Thank you everyone for your feedback!  This was very educational and illuminating for me!  

May 02, 2016 02:34 PM
Rainmaker
1,498,754
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

I'm in a title state and the sellers decide which title company to use. I make suggestions but it is their decision. I'm sure most would love to have a $500.00 discount.

Apr 27, 2016 06:11 AM
Rainmaker
1,516,122
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

As for timeliness I have never really experienced a problem with any Title Company my clients ever used.  With title insurance rates promulgated by the state and title closing closing costs fairly close among the companies I have used I can't see where there is much room for any discount. 

Apr 25, 2016 01:01 AM
Rainmaker
346,703
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

I mainly look for excellent service with the title company.  As long as there is excellent service and I do not have to do their job plus my own, then that is who I use.  

Apr 24, 2016 04:37 AM
Rainmaker
281,718
Nancy Robinson Ranked #6 in MI
Century 21 Town and Country - Royal Oak, MI
#11 Century21 Realtor in the US, #16 in the World

Its a matter of relationships and trust. I would never trust a discount title company

Apr 23, 2016 09:19 AM
Rainmaker
3,173,141
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Up to the seller to decide who do use.  I can tell them who I would use but up to them.

Apr 23, 2016 01:31 AM
Rainer
147,369
Anne Corbin
Long and Foster - Lake Anna - Spotsylvania, VA
Serving Lake Anna & Central Virginia

I recommend attorneys and they choose the title company. I have found that the fees are about the same to hire a title company vs an attorney to do the closing so why not hire a professional with legal education to do the job?

Apr 22, 2016 11:53 AM
Rainer
76,969
Sandra Steele
Wise Choice Properties, Sedona/Verde Valley Branch - Cottonwood, AZ
Integrity, Knowledge - 37 Years of Experience!!!

First of all, YOU do NOT decide which Title Company to use.  That decision belongs to the buyer.  You may have your buyer speak with the title company for information, but you do NOT decide.

Apr 22, 2016 11:19 AM
Rainer
145,773
Theresa Akin
CORPUS CHRISTI REALTY GROUP - Corpus Christi, TX

Actually I would want to know what the $500.00 service was that was being eliminated. Communication is key. One of my last transactions was one of the worst I was involved (?). I like to be at the closings when representing my clients. I was not happy when I got a call from my buyer and he said everything went well. This was at 9:30 a.m. I had just spoken to the escrow officer the evening before and nothing was mentioned that closing was going to be the next day. they hadn't received closing docs, yet. I got a call from the listing agent thanking me for being so cooperative. They were sorry I wasn't there. I was upset to say the least and would never work with that particular title office again, if i could help it. My  commission check didn't evern enter my mind. My not being there representing my clients made me feel inadequate. When I went to pick up my check. I let them know how I felt. I also contacted their lawyers who were part owners of the company.

Apr 22, 2016 04:08 AM
Rainmaker
521,324
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Choosing an escrow company for me is probably like choosing a real estate agent for consumers: those who give excellent service and the one I feel most comfortable with. Communication is big including how "friendly" they are, where I don't feel I'm bothering them if I need an escrow done fast, complicated, or know they will go beyond the extra mile. And that's something they "earn" over several escrows. No, I wouldn't dump them for a discount (unless it was important to the principals since it doesn't come out of my pocket OR INTO MY POCKET WHICH IS ILLEGAL) or 25% faster (that's dictated what the loan people or principals want mostly anyway).

Apr 22, 2016 01:00 AM
Rainmaker
432,062
Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

I use a small title company owned by 3 women- they beat the pants off of everyone else in pricing and speed!  I am happy knowing the families that get the business rather than some huge conglomerate.

Apr 22, 2016 12:47 AM
Rainer
93,394
Patrick Willard
Rio Rancho, NM

I specialize in a medium sized city that is a suburb of a large city. Unfortumately only one title company has an office in my city so I use them. 20 years ago we had 4 or 5 and then it was based on service but now it's based on location.

Apr 21, 2016 11:35 PM
Rainmaker
583,750
Peter Mohylsky
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

Discounts sound attractive but if not backed up by performance they are worthless.  I have built relationships but I am always open to doing something better, cheaper, faster. 

Apr 21, 2016 08:22 PM
Rainer
31,466
Olesa Islamova
Royal LePage Your Community Realty - Toronto, ON

Here in Ontario, Canada we have Real Estate Lawyers who do the closings and they choose with which Title insurance companies to work. We have 5 title insurance providers in Canada and I'm sure they fight for the RE lawyers business. But I never heard about rebates. Our prices are way higher than in the most States (at least, in Toronto and York Region). But I'd never recommend  RE lawyer based on his/her price only. Unless I know they are competent, trustworthy and diligent. Sometimes, they simply can't expedite the process due to the mortgage underwriters delays or other last minute problems beyond their control. That's why I never choose a closing day on Mondays, Fridays and before major holidays and long weekends unless I have no choice.

Apr 21, 2016 01:22 PM
Rainmaker
1,778,626
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

It's all about the service, the precision, the accuracy of information. In my area, speed doesn't really count; my escrow officers (and I use more than one) always make themselves available for my clients. 

Apr 21, 2016 12:38 PM
Rainer
46,127
Nancy Middleton
Counselor Realty, Inc. - Excelsior, MN
Nancy Middleton, Counselor Realty, Minnetonka, MN

In my 38 years as a Realtor, I have probably only used three different Title Companies, and they were the ones I recommended from past personal experience of their SERVICE, honesty, ethics, & communication.   I aways have trusted those closers and their companies that I have used.

 

Apr 21, 2016 10:42 AM
Rainmaker
1,239,486
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Service and the service.  Would pay more for knowing I can call the VP up at 2am with a problem and have it resolved by 3am.

Apr 21, 2016 04:11 AM
Rainmaker
510,476
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

We use services that help our business and reflect our values. My company would match anyone else if I asked. I would not switch. You can't put a price on trust and loyalty.

Apr 21, 2016 03:40 AM
Rainmaker
761,481
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Since my client is the one paying the bill, and they rely on my recommendation, selecting a title company that is reliable, proficient, responsive, knowledgeable and less expensive would be a good deal for the client. Would it not be my ETHICAL duty to recommend such a vendor?

The issue is, now do you get the agent to trust you with the first transaction? I would warn competing on price is a race to the bottom. What if you approached the prospect agent with a lead for a seller needing a valuation consultation? This will prove much less expensive than $500 every transaction.

Here is what I would recommend.

Stand back and take a look at what you already know.

Here on AR 90% of agents suggest they RARELY go to their brokerage location. But they are paying for all the brick and mortar.

How can your title company help the agent to benefit more from what they are already doing (actually not doing)  that does not benefit the agent at this time.

Stop chasing old business and outdated thinking and plug into the new mindset and emerging economy. Making a living becomes more enjoyable training the trainable than it is trying to teach old dogs new tricks. There are 100,000 newbies coming on board every year. Save them.

Or bring bones (leads) to the old dogs.

Apr 21, 2016 03:19 AM
Rainmaker
735,200
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

In our state, the attorneys deal with the title companies and reportedly get about 60% of the fees.

Apr 20, 2016 11:31 PM
Rainmaker
38,233
Eren Millam
Realty World Cosser & Associates, Inc. - Chehalis, WA
Certified Negotiation Expert

I would be interested in finding out more, but the most important is service and dependability. I switched from one Title Co to another because they provided terrible service. Now, this other Title Co has too much business and they're starting to go down a bad service path...

Jun 21, 2016 08:01 AM
Rainmaker
561,964
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

NY is attorney state, so the lawyer generally selects - prob. about 90% of the time.  Also, I think in NY many of the fees are regulated.

Apr 20, 2016 10:54 PM
Rainmaker
3,338,355
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The why?   Reliability.  Service.  

In our area where multiple offers are still common, it's typically the seller who pays for and selects the title/escrow provider although it's negotiable.  

 

Apr 20, 2016 10:54 PM
Rainmaker
3,019,160
Richard Weeks
Dallas, TX
REALTOR®, Broker

Services provided and stability of the company. Check out this story.

http://www.nbcdfw.com/news/local/State-Seizes-Title-Company-Amid-Allegations-of-Missing-Money-367299221.html

Apr 20, 2016 10:50 PM
Rainmaker
5,385,448
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I would recommend my regular title company that always provides the most professional service. 

Apr 20, 2016 10:09 PM
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Apr 20, 2016 10:01 PM
Rainmaker
3,279,669
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Service and consistency are my barometers!

Apr 20, 2016 08:14 PM
Rainmaker
1,492,550
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I would not be interested in ''faster'' since my local companies work fast enough, but likely my client would be interested in discounts. 

Apr 20, 2016 06:28 PM
Rainmaker
2,257,153
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Nikesh. To me, it is all about overall knowledge and quality of the service.

Apr 20, 2016 05:27 PM
Rainer
303,314
Melissa Jackson
Citiwide Alliance Realty - Weatherford, TX
Helping You Make The Right Move

I have a couple I like working with.  It's about communication and service.  I'm open to meeting new vendors. If the service is good and the closing is smooth, I may consider.

Apr 20, 2016 02:23 PM
Rainmaker
1,523,605
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I almost always use our the title company that is owned by Long and Foster.  They have an office in our Long and Foster office and not only is that very convenient but they do a great job.

Apr 20, 2016 02:10 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

We don't use title companies in Ontario.

Apr 20, 2016 01:23 PM
Ambassador
1,769,790
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

In Chicago land the attorney for the seller makes that decision.

Apr 20, 2016 12:18 PM
Ambassador
4,300,186
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nikesh Parekh MA is an attorney state - so we do not have to work with title companies directly.

And to answer you question based on logic - why not?

Apr 20, 2016 12:15 PM
Ambassador
4,218,684
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Good to see you back Nikesh, in our town most are about the same and this would be a good incentive.  However if you buy a home that is listed with one of the largest companies in town then they already have a contract to do the title work through their title company.

Apr 20, 2016 11:03 AM
Rainmaker
1,376,417
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Nikesh Parekh I would not switch. I will continue to use my trusted closing attorney

Apr 20, 2016 10:59 AM
Rainmaker
812,551
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I use local title companies with a proven track record  and get great service so no reason to consider switching.

 

Apr 20, 2016 10:32 AM
Rainmaker
2,455,979
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I am more interested in service and support. Mine throws in perks (?) too. Orange Coast Title. No switching. Loyalty makes it stronger. Teamwork tight

Apr 20, 2016 09:05 AM
Rainmaker
1,535,246
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

We are an attorney state - they pick for the seller.

Apr 20, 2016 08:47 AM
Ambassador
1,641,860
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Location and AA rated title insurance.

Apr 20, 2016 08:38 AM
Rainmaker
1,218,342
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Not my decision to make

Apr 20, 2016 08:30 AM
Ambassador
1,256,288
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

We don't use Title Companies but I'm interested in what others will say.

Apr 20, 2016 08:25 AM
Rainmaker
1,011,950
Corinne Guest
Corinne Guest, REALTOR® | Barrington Realty Company - Barrington, IL
Barrington Lifestyles

Ours are selected by sellers attorney, so agents don't get to choose or even suggest. But I have noticed some shifting by attoreys to newer companies, that makes me wonder if cost has a part in that. I am sure it might.

Apr 20, 2016 07:59 AM