Automation of the title searching process on residential property in Washington County Arkansas.
RPA software automated the process of validating residential property tax status in Miami-Dade County.
Title search updates is an ideal process to automate using RPA tools.
Recent mortgage industry headlines have been plastered with stories about mass layoffs, reduced volume and even lenders closing down or filing for bankruptcy. It’s difficult not to hesitate with plans for growth or investment in such an environment. But this article reminded us that, all is not lost. Far from it.
The title industry, by and large, is working hard to automate most of its manually intensive production tasks. Part of this mini revolution, we believe, is the availability of specialized technology.
As a company owner, you want to make sure that the automation you are adding is going to improve your processes. But you also want to ask yourself – and your staff – how to best invest the freed-up time and energy to improve the very necessary personal communications with your clients.
The growing wave of digital transformation in the title industry is not eliminating jobs. Far from it. Instead, it will go a long way towards improving employee retention rates.
Big systems are great if they are useful; consistently save your organization time, money and effort; and help you grow your business. But often times, companies discover that feeding the behemoth requires more time and effort than the efficiencies it is supposed to produce.
Automation is an effective way to redirect an agent’s skilled staff to do what they do best, whether that is focusing on the complexities of the escrow side of the business or having the necessary time to listen attentively to the needs of their real estate agent, homebuyer and seller customers.
Our preference is to use RPA technology to implement automtion allowing greater budget flexibility for title agents.
As we enter our first truly competitive purchase market in years, there’s good news and bad news.
As we enter our first truly competitive purchase market in years, there’s good news and bad news.
The title industry is finally moving past global tech solutions and into a world of a la carte, margin-friendly systems.
The Great Resignation and shrinking labor pool could mean engagement becomes major consideration for title agents. Here’s why.
For years, it’s felt like the title industry has resisted new technology. Given the thin margins and production-dependent nature of the business, it’s understandable. Most of the technology available to help agents with manual or simple processes has come as part of off-the-shelf packages reserved for global production systems. Attacking some of the simple but […]
We’ve seen a lot of reporting and discussion this year about consolidation in both the mortgage and title industries. And with consolidation comes quite a bit of mergers & acquisitions (M&A) activity. It’s a hot topic, and a fun topic if you’re getting ready to jump into the market. Who hasn’t dreamed about the multiple […]
It’s that time of year again. The fall conferences are, for the most part, over. The holiday season is just about upon us. It’s forecasting and budgeting time. And it’s time to review the wins and challenges of the year. A lot of people will have a lot of predictions and forecasts about 2021 over […]
As most title veterans know, the title industry doesn’t often get a whole lot of credit. Even though it’s usually the title agency that zigs, zags, adapts and finds the workarounds to make a clear-to-close become a closing, we’re often blamed for being too slow; too busy to return phone calls or too old fashioned. […]