Listing Number: 7301-542165
Description
This is a turnkey absentee high quality title company operating for 10+ years with hundreds of realtor relationships. This company was recently modernized in every way possible. New branding, website and social channels with increased social media marketing leading to follower count increasing from 200 to over 1,000. The business has very efficient staff and they have been overhauled with new, bi-lingual, multi-talented staff capable of multi-tasking, handling a high volume of files, and providing a high level of customer service. The systems and processes have been modernized to be much more efficient. The company is now paperless with a digital lifetime backup of every file. The company deployed Qualia, the industry leading title tool with escrow software, eFax, and Microsoft Outlook Exchange webmail. They conduct in person closings at their redesigned and refreshed Tamarac based office space. They are also capable of digital and e-closings anywhere in the world using RON notaries.
The Company has recently brought in some new Realtor relationships and strengthened and fortified older relationships which have been integral weathering the recent downturn in the market due to interest rate volatility. While other title companies lost tremendous amounts of business, with some even closing their doors, they have remained strong and poised to take advantage of a more optimized interest rate climate in 2024.
Listing Details
- Price: $ 395,000
- Down Payment: $395,000
- Sellers Discretionary Earnings: $ 174,600
- Total Sales: $ 530,099
- Location: Broward County, Florida
- Inventory: $ 0
- FF&E: $ 5,000
- Employees: 2
- Year Established: 2014
- Reason for Selling: RETIREMENT
- Category: Financial Related
