Dear Industry Colleagues, Because Turk & Co represents many buyers and sellers of title companies, we gain unique perspectives and understanding that others may not. We believe in sharing this practical insight because it can significantly enhance the success of any title company, whether they plan to sell or not.......Continue reading
What Buyers Consider When Evaluating a Title Agency: Business Mix
In response to the challenges facing the title industry today, we are initiating a series of blogs written with the intent of helping independent title agencies position themselves for success in a M&A process. This is the first blog in the series, and will review business mix. Understanding and aligning......Continue reading
Challenges Facing Today’s Title Industry
WARNING: This article contains radical candor not customary in business By Howard Turk As if the high interest rate/low transaction volume storm facing the title industry was not enough, we are now grappling with headwinds stirred by politically motivated government agencies. My perspective on these challenges is unique, having witnessed......Continue reading
Are ‘roll ups’ candy bars?
Title Agency Mergers and Acquisitions By Howard Turk A title agency mergers and acquisitions ‘roll up’ can mean many things. It could be a candy bar (you’re better off eating an apple) or it could refer to a phrase commonly used in the context of Mergers & Acquisitions. There are......Continue reading
The Independent Title Agent Survival Guide: Sales Rep Edition
The Independent Title Agent Survival Guide: Sales Rep Edition Part 1 Why? Why is a powerful word. A lifetime of building title companies, evaluating title workflows, and now buying and selling title companies has taught me to embrace the power of asking why. It’s always a good idea to consider......Continue reading
The Independent Title Agent Survival Guide – Part 2, Underwriter Edition
I’ve been told I tend to oversimplify things. Perhaps, but experience has taught me that underneath all that complexity there is almost always something quite simple. As an independent title agency owner, your business will spend more on Underwriter remittances than on any other single entity. Who you choose to......Continue reading
The Independent Title Agent Survival Guide – Part 1
By Howard Turk This is a scary time to be in the title business. Talk about market volatility! No matter how hard we try, we are impacted by things we have no control over. That’s stressful! On top of that, we find ourselves confronted with a surge of slick vendors......Continue reading
Demystifying Title Mergers and Acquisitions
“[Mechanics] can make up anything; nobody knows! Why, well you need a new Johnson rod in here. Oh, a Johnson rod. Yeah, well better put one of those on!” –George Costanza “The PSA is preceded by a Q of E as part of the DD, which is preceded by......Continue reading
Fighting Words
There is a saying in the Boxing world that when your opponent hits you, you have two choices. The first is to collapse like a wet noodle, and the second is to hit them back, but harder. If they hit you again, come back out and hit them even harder.......Continue reading
Today’s Title M&A Market
“Yesterday’s gone Now all I want is a smile…..” -Neil Diamond WARNING: This article contains language which may be unsuitable for those unaccustomed to honesty in business communications. The changes we are seeing in the title M&A space these days fall into two buckets: technical and behavioral. The technical changes......Continue reading