With increases regulatory and market demands thinning profit margins, title agents may need to evaluate outsourcing options
“Many agents who once might have refused to even entertain the notion of outsourcing searches are now realizing that it may become an absolute necessity. Fortunately, the quality and quantity of capable, responsible and effective outsourcing partners and products has increased significantly as well. As long as the title agent does his/her homework when it comes to retaining an outsourced product, and stays on top of the process, most will find that sharing the load will prove to be a reasonable solution to the issue of shrinking margins.” – ALTA Title News April 2015
Read the entire article at htttp://www.alta.org/publications/titlenews/15/v94i04/9136E87C29D9F3D0489E855482DB7BD2/v94e05.pdf