Examination Model ABA

Examination ModelABA

Providing Better Service to Consumer

Owning an Interest in Your Own Title Agency

Confidential - CourthouseDirect.com

Why Own a Title Agency? Diversify Income

Control Transactions

Quality Title Products

More Convenient

Better Customer Service

Greater Profits


Must Perform Core Services

T itle E vid e n ce E xam ina tion C lo s ing

C o re S e rv ices

Three (3) Ways to Earn Title Premiums


ABA Business Models

Evidence Model

Escrow Model

Full Services Model


Typical ABA Models Examiner Model - ABA employs Examiners to issue Title

Evidence and Title Examinations and issues policies but outsources Closings.

Escrow Model - ABA employees Escrow Officers to handle Escrow and Closings and issues policies but outsources Title Evidence and Examinations.

Full Service Model - ABA employs Examiners and Escrow Officers and issues Title Evidence and Title Examinations and performs escrow and Closings and issues Policies.


Why Examination Model?

Better for Consumers More Control Less Risk Low Fixed Costs Fewer Regulatory Issues Choose Escrow Service Highly Profitable


Can I make money selling Title Insurance?

YES, If you….

Have Quality Transactions

Control Costs

Hire Quality People

Know How to Run a Business


Getting Started

Team with Title Industry Professionals

Discuss Objectives with Underwriters

Obtain Agency License from Texas Department of Insurance (TDI)


Questions & Answers

ABAs are fairly common in other parts of the country. Why are there not more ABAs in Texas?

I realize there are different business models for ABAs, which is the best model for me? And Why?

What disclosures are required by RESPA when a Producer owns an interest in an ABA?


Win/Win Business ArrangementConsumer Wins Quality Evidence and Examinations delivered timely to a convenient closing office near them. Producer Wins More control over Closing process with quality Evidence and Exams delivered to choice of Closing offices. ABA Manager Wins Contributes skill and experience to set up and operate successful ABAs and earn a management fee plus a percentage of profits Confidential – CourthouseDirect.com 4-15-2010


Abstracters and Examiners Win

Contribute skill and experience to deliver a quality Evidence and Examination product for fair compensation

Escrow Officer Wins

Typically earns large portion of Premium plus 100% of Escrow Fee

Title Plant Wins

Earns money on each closed transaction plus Document charge (with minimal monthly fee)

Underwriters Wins

Underwriting known source of business with more control over risks and quality of Title Evidence and Examination service


Examination ModelABA

Providing Better Service to Consumer

Owning an Interest in Your Own Title Agency


Examination Model ABA

Documents

title examinations

quality of title evidence

issues title evidence

title insurance

comwhy examination model

issues policies

best model

source of business