How to Start a Title Company

This is perhaps one of the reasons why operating a title company can be a very profitable venture these days given the number of people and organizations that engage in the selling and buying of properties. By operating a title insurance agency, you will help ensure that the real estate property titles that are being sold to your clients are free from defect. You will also be giving protection to sellers of real estate properties as you will also be providing title insurance policies. The following are things that you will find very helpful if you are interested to start a title insurance company:

Are you fit to operate a title company?

If you are planning to operate a title company, it is a must that you assess yourself whether you are fit to be in this business or not given the complexity of a title company’s operation. Most of the people who manage title companies are real estate attorneys but you can still be capable of operating a title insurance company as long as you have been previously employed in a title company and you already have a good background in operating a title insurance agency. Experience in the industry is very important so you will more likely succeed in this business if you have had considerable experience working in the title insurance industry.

What you need to start a title company

You must make sure that you have all the legal requirements before starting your real estate title company. Inquire from your business bureau and department of insurance for a list of requirements that you will need to get started. You will also need to hire employees and staffs who will man your title company’s operation. You will basically need a title searcher, closing agent, title examiner, and somebody who will issue policies.

Getting Clients

Your experience working for a real estate title insurance company can prove to be very helpful in getting clients for your real estate title company. You can take advantage of your network of colleagues who can refer you to potential clients. You can also contact lenders and realtors in your areas to get potential clients for your title company. In addition to this, it will be a good idea if you can promote your business by paying for ad spaces in real estate magazines and local newspapers.

1. Phyllis on 3/30/2009 8:28:40 AM

This is innovative as real title insurance is not yet in Kenya. However since it has an insurance aspect, it would be a difficult and expensive in Kenya because of the regulations here. Thanks a heap though!!!

2. Chris on 3/31/2009 2:25:35 PM

Are you located in Kenya Phyllis? I am in the U.S and could share some ideas. Email me.

3. cappy on 6/8/2009 2:47:53 PM

i need to start too. but lack information

4. Chris on 6/11/2009 5:00:04 PM

Where are you located?? What is your email address and we can share ideas.

5. Amanda on 6/17/2009 11:41:37 AM

Chris hey, I am in Georgia, and would love some information that you might have. please email it to me.

6. Andrew on 6/17/2009 11:53:28 PM

Hi guys Andrew from Texas here. Chris where are you from? Lets share some ideas??

7. Phoebe on 6/18/2009 12:33:57 AM

Hi Chris, I would like to learn more about the business. Could you provide some advice. Just finished undergraduate school and feel that I have a better chance running a company.

8. sophia leong on 6/21/2009 2:16:44 AM

how to start a new bricks company in northeast shillong in india?

9. Chris Shapiro on 7/18/2009 8:40:20 PM

HOW DO YOU START A TITLE BUSINESS IN NY AND SHOULD YOU HAVE SOME TYPE OF LICENSING?

10. tanya on 7/22/2009 5:55:17 PM

I just took an on-line course for title examiner. I am still left "wondering" what to do next and how to get my business started. Do you have any information?

11. Christy on 7/29/2009 5:08:13 PM

Hi Chris, I would like to learn more about the Title Company business. Please forward me more information also. Kindly

12. Keith Boyd on 8/4/2009 5:09:59 AM

I really would like to learn more about starting a Title Company, please send me as much information as possible. Thank You

13. David Ricci on 8/6/2009 11:10:35 AM

I am interested in opening a title company in TX. Please send me information as for what do I need. Thanks, David Ricci

14. Sara on 8/10/2009 3:19:36 PM

Hi, I'm interested in starting a Title company in New York. Can you please email me the information on how to go about it? it's extremely urgent. I appreciate your assistance very very much.

15. Joni on 8/14/2009 9:02:49 AM

Can you please forward me any and all information you have to start a title and escrow company in Virginia?

16. Nicholas Lake on 8/15/2009 10:10:31 PM

I am a notary for NY & NJ. Can you send me information on how to open/operate a title company without costs being in the thousands?

17. Sylvia on 8/18/2009 1:39:55 PM

I run title for mineral companies. I am interested in expanding my business to include title and abstracts for real estate. I have created abstracts from patent before so that is not new to me. My question is what do I need to expand as far as legal or otherwise. I am also interested in taking online courses to become a closing agent and title examiner. I am newly incorporated in Illinois and could use some input. Thank you!

18. Carmellia on 8/22/2009 5:18:31 PM

Hello! I been wanting to get into this business for a while. I also clean a tile company and they are doing great!!! My husband and I closed down our small trucking company due to the economy and I just rather go for it. I/m studying for my MBA and rather not go work for no one else. I would really like whatever information you could please send as well.

19. adrian on 9/6/2009 3:33:07 PM

can i get more info on this business?

20. dinesh on 9/7/2009 3:19:56 PM

Hello please someone guide me in this Title insurance stuff..

21. joseline santiago on 9/11/2009 12:24:06 AM

Can you please guide me title insurance stuff.

22. Susan Dux on 9/15/2009 10:22:46 PM

I am working on an assignment/project for an undergraduate partnership class. Any information you could provide me with regarding opening up my own title company, would be greatly appreciated. I am also a notary who finds the title industry very interesting. Thanks

23. Jay on 9/20/2009 8:28:57 AM

Please send me information on starting a title insurance company in metro NY. Thank you.

24. Tammy T on 9/21/2009 5:21:48 PM

I am a realtor and do my own title searching etc. I am interested in starting my own title insurance company can you please tell me what I need to do to get up and running legally. Thanks

25. Todd on 9/22/2009 7:38:44 PM

I am already an independent escrow agent, I already have the basic start up process done but I need to know the step by step process to start up a title company in Washington State. Whats the estimated cost? Can I get underwritten insurer through a larger title co. that has its own policy to minimize cost and anything else that may need to be done by me. Thanks

26. alice on 10/2/2009 9:30:34 PM

Hi i want to start a title company in nj. do i need to work under a bigger company? i have no experience in the field but am a licensed real estate agent. Is it conflict of interest to practice real estate as well as title search

27. Steve on 10/6/2009 3:02:42 PM

I have experience in title abstract work and have done hundreds of closings and so has my wife. We are interested in opening a title company in Charleston, WV area. Anyone have any information or any advise? With our combined experience I feel this would be a good start up business.

28. katy on 10/13/2009 2:27:43 PM

I worked at a title company for 4 years, scheduling closing, reading over titles, deed, HUD, and other closing document and I'm currently working in right-of-way dealing with deeds, huds and wire transfers. I'm getting my notary cert. and want to be a mobile notary. I am also getting my real estate license. Will any of this conflict with starting a title company in Pennsylvania? Thanks,

29. Terrie on 10/14/2009 4:40:05 PM

I live in a small city in Virginia and am currently in the mortgage business. I would like to start a Title Co. I don't know where to start. Any info on start up costs, education and licensing would be appreciated.

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How to Start a Title Company

Starting a Title Company

Are you fit to operate a title company?

What you need to start a title company

Getting Clients

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