Title Alliance, Ltd.
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February 8, 2008 Title Alliance, Ltd & Your Company Maximizing Customer Satisfaction & Profitability
description
Title Alliance is the premier developer of RESPA and state compliant title affiliated business arrangements. Our company provides a wealth of tools, resources and experiences for your ABA. We research the market to find and hire the strongest managerial candidates for your affiliated title operation. We train your staff in every aspect of a properly managed title partnership. We help design and monitor the sales and marketing needs of your ABA. We provide all administrative resources, thereby allowing you the freedom to focus on your core business, while your strategic direction leads our title partnership forward.
Transcript of Title Alliance, Ltd.
February 8, 2008
Title Alliance, Ltd & Your CompanyMaximizing Customer Satisfaction & Profitability
Overview•History
•The Plan
•Reporting & Tracking
•Critical Factors to Success
•Questions & Answers
• Title Abstract Company, 1948
• First Affiliated Business Formed, 1983
• Title Insurance Underwriting Company Formed, 1979
• Sold to First American Title, 2004
• 6 Members of the Senior Management Team Purchased the Title Alliance piece back from First American, 2007
History:
Operational Structure• Real Company, RESPA Compliance• In-House Manager• Collaborative Style
• Monthly Member Meetings. See Sample Agenda
Financial Structure
Sample Joint Venture
Title Alliance, Ltd51% Ownership
Partner 49% Ownership
Financial Structure• Monthly Statements
• See Sample Financial Statements
• SEC Filings• Year End K1 Statements• Quarterly Dividends paid directly to Members
Committed to YOUR Success, Part of YOUR Team
Manager Attendance at:
• Monthly sales Meeting
• Title 101, Taught by the Manager
• Other Title Classes as deemed necessary
Sample Website
Sample Marketing Plan
Sample Capture Report
Applications and Closings are tracked on a monthly basis. The Manager Reports monthly on the number
of deals captured by the Title Operation from all those available in the Operation. Outside closings
are also tracked and monitored.
Critical Factors to Success
Partner Selection, Robert Porter Lynch
Commitment
Communication
Lack of Communication is the 2nd Highest Reason for Failure
Embedded Operation
1 Million Reasons to Celebrate
What our Partners are Saying…
"I have been very pleased with the partnership between Bankers First Mortgage and Title Alliance. Our title company has been a good profit center and Title Alliance has proven to be a great company with which to partner. Michele Rist has done an excellent job in helping us manage the office, and is undoubtedly one of the reasons for our success. I look forward to continuing our relationship, and will always be happy to recommend Title Alliance to anyone considering a joint venture.”
George Hanzimanolis, Mortgage Company President
What our Partners are Saying…
"Our partnership with Title Alliance has produced outstanding results from day one. agents and clients have been thrilled with the world-class on-site settlement services they receive from this joint venture. a challenging real estate market, the profit from our Title Alliance partnership has made an important difference to our bottom line.“
Michael Maloney, Realtor
What our Partners are Saying…
"I must have talked to at least 5 major title companies over a 6 year period and never was able to structure a partnership that made financial sense to me. Then I met Bill O'Connell of Title Alliance. He explained their program and it sounded too good to be true. We formed a partnership 3 years ago and have been profitable since day one. End of story!”
Al Abbitt, Broker Owner
What our Partners are Saying…
"Our joint venture with Title Alliance has been a great partnership. Our agents are very supportive and appreciative of the great service and professional staff which support them in the servicing of their clients. It has been over three years and over 1.3 million dollars in profit and that speaks for itself.”
Paul DiCico, Broker Owner
What our Partners are Saying… "Going in business with a title company is like getting married. You really need to
know the whole family, their values and their past history. You want to get into business with a functional, not "dysfunctional ", well respected family. I knew from the beginning of our relationship that we would be profitable and I would not need to worry about operations or the quality of professional services; I am ecstatic about our profits and reputation in the industry. Best of all I don't have to do a thing except go to the bank and celebrate success with our agent partners.”
Cindy Dickerman, Broker Owner
What our Partners are Saying…
"We established our joint venture with Title Alliance in 1996. There has not been a moment when it has not been a pleasure. They have done everything they said they would do and more. When changing circumstances in the real estate world have taken place, they have responded quickly and provided the most excellent service. It is not unusual to capture 100% of available title orders. The confidence of the sales associates is a testimonial in itself.”
Carol McMichael, Broker Owner
What our Partners are Saying…
“I wanted to let you know that I am thrilled with the service, professionalism, and performance of your team. My expectations have definitely been exceeded.”
Tipper Williams, Broker Owner
February 8, 2008
Thank you for your time.
