THE FAQS OF TITLE INSURANCE FOR HOMEBUYERS

For most of us, a home is the largest investment we’ll make in our lives. Title insurance is the smart way to protect your property from legal claims.

To help you understand how owner’s title insurance works, here are answers to common questions:

WHAT IS TITLE INSURANCE?

If you’re buying a home, title insurance is a policy that protects your investment and property rights. There are two different types of title insurance: an owner’s policy and a lender’s policy.

  • An owner’s policy is the best way to protect your property rights. Either the buyer or seller may pay for this policy.
  • A lender’s policy is usually required by the lender and only protects the lender’s financial interests. The buyer typically pays for this policy, but that varies depending on state.

WHAT DOES OWNER’S TITLE INSURANCE COST?

The one-time payment for owner’s title insurance costs around 0.5% of the home’s purchase price.

WHAT HAPPENS AT CLOSING?

Closing is the final step in executing the transaction. Upon completion of the closing process, you get the keys to your home!

Reach out to your local Alliance Title office to start your transaction today!

Nurture Client Relationships

With 75% of homebuyers choosing the first agent they interview*, it’s crucial to set a solid foundation of your business through various outlets. As an agent, you recognize that relationships are the key to unlocking leads with potential clients.

Peek at some essential client relationship stats:

  • 41% of homebuyers choose a real estate agent based on a recommendation from a friend, neighbor, etc.*
  • 76% of agents use Facebook for their work.*
  • Buyers who would use their agent again or recommend their agent to others: 91%**
  • Sellers who definitely would use the same agent again: 74%**

Another key relationship is with your title company – and we’re ready to help!
Reach out to your local Alliance Title office today.

Agent Print Pro: Our New Marketing Resource

Open up a whole world of customizable marketing by using our newest tool, Agent Print Pro! Create high-quality marketing materials to help set yourself apart from the competition.

Here are just a few of the resources you can start designing now:

  • Flyers / Postcards
  • Greeting Cards
  • Brochure & Rack Cards
  • Business Cards
  • Calendars
  • Yard Signs
  • And More!

Reach out to your local Alliance Title Rep to sign up today!
*Not available in Washington State

Blooming Real Estate Stats

Spring has sprung in real estate! Buyers and sellers alike are heating up the market – check out the latest stats to hit the industry.

  • Urban areas are the top location for MILLENNIALS, with the group citing convenience and commuting costs as their top concerns.
  • 81% of all homes purchased continue to be detached single-family homes.
  • Baby Boomers are the largest group of sellers at 43%.
  • *NAR 2021 Generational Stats

Stay in the know and reach out to your local Alliance Title Rep today!

Strengthen Your Relationships

Relationships are everything – especially if you’re a real estate agent. As an agent, it is important to expand your circle and nourish your relationships with clients. Being an active participant in your community is a great way to establish and expand your network!

JOIN A NONPROFIT ORGANIZATION
Reach out to your local food bank, animal shelter, library, or the Parks and Rec department to see how you can reach out and help those in need.

SUPPORT LOCAL COMMUNITY
Attend local events to better your knowledge of the neighboring communities and businesses to become an expert in the area.

FORM OR JOIN CLUBS
Use your social media accounts to meet new people who enjoy the same hobbies and passions as you; create event pages where people can join in on the conversation.

Strengthen your network by reaching out to your local Alliance Title Rep today!

Fuel Your Business with Our Tools

Say hello to our suite of tools! Being a successful agent means utilizing the best resources for your business. Alliance Title has the support you need in one convenient location – check out our list of tools below to set yourself up for a booming year!

EMTRANSFER: A cloud-based service that allows agents, buyers, and earnest money holders to securely document, collect, and disburse earnest money 100% electronically.

CC&RS AND PLATS: Agents can access CC&R and Plat information 24/7 utilizing this convenient search tool on our website.

NET SHEET: Agents access user-friendly net sheets for quick estimates and closing fees through Title Capture.

GET A QUOTE: The Get a Quote widget, powered by Title Capture, is a quick and easy way for lenders to access our title and escrow fee information.

PROFILEZ ON DEMAND AND/OR AGENT INTEL: Agents can access property profile information seamlessly and confidently.

Call your local Alliance Title Rep to connect with our tools!

2021 Real Estate

This past year has been a bit unpredictable, but a new year brings new possibilities! What does 2021 seem to have in store for the real estate industry?

Familiarize yourself with some of these 2021 housing market predictions.

  • Home sales predicted to be up 7%
  • Millennials are Moving Up – no longer dominating the entry-market, and instead moving into bigger homes for children, etc.
  • Existing Median Home price appreciation predicted to be up +5.7%
  • Source: realtor.com

The 2021 housing economy seems to be looking up for sellers & buyers alike.

Contact your local Alliance Title branch today!

Leading with Social Media

Prospecting doesn’t have to be difficult! Generating leads can be fun, especially if you utilize social media. Globally, the average time a person spends per day on social media is 2 hours and 24 minutes* – and that’s plenty of time for you to personalize your business.

  • KEEP IT BALANCED: Your social media pages should be a balance of life, interests, and real estate. Show them listings, behind-the-scenes, and hobbies!
  • HIT REPLY: Engage, engage, engage! Don’t let a comment or message go unnoticed. Ask your followers questions that will get them to interact with your page.
  • HIGHLIGHT REVIEWS: Thank previous clients and showcase your achievements by highlighting your reviews! Design a story reel that displays your reviews that were submitted through Zillow, Google, Yelp, etc.!

2020 Real Estate Wrap Up

The real estate market continues on, even as 2020 remains unpredictable. Check out the year’s summary of statistics and future insights for 2021 to prepare for successful closings!

  • Mortgage applications are up 22% compared to 2019*
  • 71% of homes have been on the market for less than a month**
  • The MBA predicts 2021 mortgage prices will rise to around 3.1%***

Contact your local Alliance Title branch for your next transaction!

*https://www.businessinsider.com/how-2020-broke-the-housing-market-inventory-could-run-out-2020-9
**https://www.nar.realtor/newsroom/existing-home-sales-soar-9-4-to-6-5-million-in-september
***https://www.housingwire.com/articles/mba-forecast-for-2021-prepare-for-rising-mortgage-interest-rates/

The Season of Thanks

Fall is the season of change and the season of thanks. Now, more than ever, is the time to reflect and be appreciative of all the wonderful communities our branches and employees call home. We couldn’t be more thankful of the confidence you place in us by sending your business throughout the year.

This past October, we were able to hold our 9th annual food drive, ‘Closing the Hunger Gap.’ We’re fortunate enough to add on to our collection of 217,352 pounds of food and $202,109.65! Thank you to all who participated and helped us move closer to a world without hunger!