Entries by turkhow

To Sell or Not to Sell (or Buy)

How Do Title Agencies Decide Whether It’s Worth Entering the M&A Market? Download this article Several businesses in the title industry, agencies as well as other related firms, have had an incredibly profitable run over the past two years. This has resulted in many finding themselves flush with cash. It has also, as a more […]

Unprecedented multiples for title agencies

Wouldn’t it be great if you knew exactly what your agency is worth? It’s not as if you can search comps or a MLS for title agencies like you can for houses.  How cool would it be if someone could tell you who is likely to buy your agency and what sort of deal there […]

Forrest Gump and your title agency

Forrest Gump is my hero. I vividly recall the scene in Forrest Gump where he and Captain Dan are having lunch on the boat. The radio crackles, “His Mama’s sick.” Did Forrest think to himself, “Hmmm….I better call my travel agent, “or “I wonder what I should pack…will I get a middle seat again?” It took six seconds […]

What’s My Title Agency Worth?

Dear optimist, pessimist, and realist, While you guys were busy arguing about the glass of water, I drank it! Sincerely, The opportunist Businesses, by their very nature are opportunistic. Embracing opportunity is how they grow. At some point though, organic growth becomes a limited option. This could be due to the struggle to find good employees, […]

Are you protecting your Quarterback?

“The most important thing to remember is: to protect your quarterback – ME!”-Paul Crewe (The Longest Yard) Businesses grow and prosper because of the effort of the team.  We often see title agencies succeed in part due to heroic efforts of key employees (let’s call them ‘quarterbacks’). A buyer of your agency wants to be […]

How long will this last?

For title agency owners, 2021’s most asked question is ‘how long will this last’? Some are concerned about staffing while others worry about missing their window of opportunity when the current seller’s market (for title agencies) becomes a buyer’s market. They want to make as much money as they can right now yet reap the […]

Earth Angels and Your Title Agency

Some believe there is more than enough for everyone, whereas others believe there will never be enough. I think we get to choose between mindsets–either abundance or scarcity. Those of us in the title business are contending with unprecedented times. Challenges abound. The health and safety of employees and customers are what most title agency […]