Many traditional title and settlement companies are growing their geographic footprints and service offerings through bundled services and vendor management. A good number of businesses are using this approach to weather the changing market. However, there is no single blueprint or formula for the transition, and it’s not always the silver bullet some business owners anticipate.
Our experts have transformed their own agencies or helped settlement professionals expand their service offerings.
Hear from industry experts on the competencies you will need to master and the decision points you will need to consider as you transform your traditional settlement services operation into a bundled services provider.
- Making the decision: Is vendor management or bundling right for you? What kind of return should you expect? How long will you need to wait for that return? What impact will the transition have on your business in the short term as you make the transformation?
- Market decisions: What kinds of new products or services do you need to offer? In what region should you offer them? How should you survey the competition? How do you take your new offering to market?
- Operations decisions: How do you get up to speed on the new services you are offering? How do you get your staff prepared to offer or manage the new services? How will your workflow change? What are some of the more successful models being used right now? What new compliance considerations will you need to keep in mind?
- Technology decisions: Will your current system meet your needs? If not, what kinds of technology should you consider? What kinds of questions should you ask your technology developer?
Title Radio Experts:
Mick Goldstein, Senior Vice President, Business Development, RamQuest Software, Inc.
Mary Jo Speier, President/CEO, TSS, LLC - Total Settlement Solutions, LLC
Brian Collins, VP National Agency Sales Manager, LandAmerica
Kelly Haywiser, Senior Business Analyst, Y-Waite Solutions, LLC
Jeremy Yohe, Editor, The Title Report
Joe Casa, Founder & Publisher, The Title Report