Builders and Developers
Builders and Developers have a UNIQUE situation when it comes to owning a title insurance agency.
Why is this important?
As a builder or developer, you may consider opening a title company for several reasons. Foremost, it provides an opportunity for additional revenue streams, leveraging the numerous transactions already conducted within your business. But what makes your opportunity unique is that you will own the MASTER policy which elevates your potential residual income for years to come.
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Attorneys can limit their search back to the Developer if a Master Policy is available. By tacking onto this policy, attorneys can significantly reduce their search time and expenses during the closing process. When tacking onto an existing Owner's Policy, the original title company can issue the policy and bridge the gap in insurance coverage between the current purchase and the original Master Policy. This not only saves money and time for the buyer and attorney but also streamlines the closing process. Additionally, it enables the title company to reissue the policy multiple times on the same property, extending coverage to new owners and generating residual income for the title company over multiple years.
01
Additional Income
Developers and Builders are involved in numerous transactions. By incorporating title ownership into your operations, you can capitalize on this aspect and boost your profits
02
Control
With ownership of the title, you gain the ability to efficiently resolve issues and maintain control over timelines.
03
Leverage
You can provide streamlined services, superior customer support, and the opportunity to attract additional title business from attorney partners.
04
Residuals
Builders and Developers can create a master policy for their development, resulting in recurring revenue from future transactions on the same property over many years
Home Builders
Commercial
Land Developer
Hotels
Office
Luxury Home Builders
Why Should You Partner with Ballantyne Title?
We understand that starting a business is challenging, and dealing with the complexities of a regulated industry can make it even tougher. We work closely with regulators to ensure compliance at every level. With over 2 decades of experience, our unmatched team will be there every step of the way to help you bulid and oversee your business.
At Ballantyne Title, we become a PARTNER in your business, invested in your growth and success. Our Turn-key approach allows us to provide a complete package streamlining the setup process. We handle all the crucial elements, from establishing the business to equipping it with cutting-edge technology, licensing requirements and a skilled workforce.
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Once your business is up and running, you can count on our continuous support . From obtaining underwriter approval to utilizing cutting-edge technology, and managing back-office title production.
COMPLIANT
Ballantyne Title Company works closely with regulators to ensure compliance with RESPA, NAR and Department Of Insurance.
TURN-KEY
Turn-Key business that is managed by our team of experts. You can trust your business is being ran to the highest standards and expertise.
SCALABLE
Business is scalable to meet your needs and demands. Ballantyne Title Company is there to help manage and grow your business to the highest level.