了解产权代理的角色

This is the second in a series of interviews with other professionals who participate in the real estate transaction.

How do title agents normally interact with real estate agents?

通常发生的情况是一个属性被列出, 显示一个属性, 签订了一份合同, 然后合同就被执行了. Once that contract is executed, it needs to be deposited with a title company. That is most often the first contact that we have with the real estate agents involved. 一旦合同存了下来, it triggers an effort by the title company to receipt the contract, 分发已收到的合同, and circulate wiring or other payment instructions if earnest money and/or option money is not presented with the contract. We work with real estate agents to coordinate due diligence materials and schedule the closing itself to accommodate the buyer and seller in executing the documents.

What are some of the most common topics that you deal with?

One of the biggest problems during the pandemic has been the coordination of the physical closing itself. Is a buyer or a seller comfortable coming to the title company to close? Would they prefer to have a mobile notary sent for closing? 他们能在当地找到公证人吗? 随着我们开始开放，这已经不是问题了. I am very happy to say we are starting to see many more in-house closings.

当收到合同时，我们执行标题搜索. That title examination results in the issuance of a commitment for title insurance. 当产权保险的承诺发布时, we list any curative matters that need to be addressed prior to the closing. They can be anything from old unreleased liens to gaps in the chain of title. If we are dealing with property that came through probate or bankruptcy, it often triggers other requirements for additional research or affidavits to be produced. Your curative matters on title could involve having to cure issues that no longer affect the subject property.

产权代理目前面临的问题是什么?

It is a very brisk and vibrant real estate market that we’re all living in right now. So the title companies are dealing with managing their workloads. 我们都很忙, which unfortunately results sometimes in it taking a little longer to get title work out.

What do clients look for when choosing one title company over another?

Title companies in Texas all sell the same product for the same cost. 德州保险部门制定我们的费率. 所以产权公司在服务和关系上竞争. I think that the choice of a title company by an agent or a buyer or a seller is often based on the service that person has received in the past and the relationship that party has with a title company. This is a business where title companies and real estate agents form friendships and relationships. 我们的业务如此紧密地交织在一起，真是令人惊讶.

你还有什么要补充的吗?

If I had anything to say to our REALTOR® friends out there, it’s communicate and work with your title company on the timelines that the parties negotiate in a contract to make sure that the title company and the surveyor can meet the deadlines that are required. Also be conscious of other third-party reports that are required that may also need a longer lead time than you would normally expect.