7 Things to Consider Before Choosing a Title Agent

What are your biggest concerns when choosing a title agent?

If you want to comply, deliver on time, and make closing real estate look easy, no problem. Before you choose your title agent, ask yourself a few key questions.

1. Do they apply the latest technology?

Be certain your title insurance agent is up-to-date with the latest technology. It’s possible for lenders to save up to $1,100 per loan with digital closing solutions. There are plenty of benefits of going paperless, such as less time using esignatures, less cost on postage, and more attention to focus on better customer service.

2. Do they deliver on time?

With a more seamless system, it’s much easier to deliver on time. One of the biggest challenges for real estate lending and title insurance services is meeting crucial deadlines. If you can’t deliver the required documents such as your Loan Estimate and Closing Disclosure on time as outlined by the Consumer Financial Protection Bureau (CFPB), then you could be held accountable for noncompliance.

3. Are they responsive with orders?

Whenever you need a title agent to assist you with a transaction, how quickly do they respond? If you’re constantly waiting around and cutting it close to deadlines, your delaying title agent may be the problem. Work with a reliable title insurance and real estate services provider that boasts a quick delivery to make your life easier.





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4. What does client and lender security look like?

A huge obstacle with digital closing platforms is assuring your client’s privacy with records. A title insurance agent that performs regular SOC2 audits has taken the necessary steps to assure compliance and security with systems. This is one of the biggest concerns for the integration of technology when it comes to sensitive information and should continuously be reviewed on a regular basis.

5. Are they known for customer satisfaction?

Take a close look at reviews and customer satisfaction. Does your title agent sport a good track record when it comes to fulfilling requests? If not, you may just be next in line for an unexpected error or delay with your transaction.

6. Do they offer nationwide services?

Some organizations require a reliable national title insurance partner. If you’re required to close real estate in various locations, then you should look for a national partner with agents across the board. In addition, you will also want to assure that your title agent is capable of offering agents and resources that allow for compliance in each state.

7. Will they help you achieve compliance?

At the end of the day, compliance is necessary to the success of your business. Delivering on time and reaching compliance with every transaction should be easy. It’s important to build trust between business partners, and Bay National Title Company makes this a possibility.

The best title insurance agent is on top of their game. Take advantage of an opportunity to receive your Same Day Closing Disclosure Guaranteed with BNTC. Sign-up for Same Day delivery on Closing Disclosures with Bay National Title Company today.