Entries by turkhow

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 […]

Nothing Ever Changes

I’ve been alive ever since I was born…I’m going to live forever! Flawed logic can only take one so far. My team and I sell and work with a lot of title companies and see many distinct behavior and attitude patterns. Some agency owners view the world like the guy who crashes his car into […]

Are Title Sales Reps Becoming Obsolete?

Do your title sales reps think a CD is something that plays music? Or that a PSA is a ‘Public Service Announcement’? The more title companies we sell, the more we learn about what buyers value most. How your reps perform is something that is not lost on buyers. They look. They care. A proper due diligence […]

$1.6 TRN of Dry Powder Desperately Seeking Healthy Companies

Private Equity Firms have amassed a $1.6 Trillion (yes, you read that right -Trillion) war chest of what they call ‘dry powder’. Dry Powder is a fancy term for committed investable cash. There is a mistaken perception that Private Equity will be using this capital to bail out companies that need life lines to help […]

The Market to sell a title company is stronger than we thought!

Panic, pandemic, pandemonium, doom and gloom…how is it that the FACTS we see in the title industry portray positivity when the media screams otherwise? I’m befuddled these days when reading the news about the real estate market (and title). Is there a hidden political agenda lurking between the words? Are the news outlets grandstanding hoping to […]