Ohio Real Title President, Ryan Marrie, recently sat down for a Q&A session where he gives Ohio realtors the inside scoop on what is to come in the title insurance industry, how to leverage your relationships through joint venture opportunities, and how working with Ohio Real Title can provide you and your clients calm in the chaos that comes with real estate closings.
If you haven’t had the opportunity to listen to the full podcast episode, don’t worry — we’ve got you covered. Check out Ryan’s top three takeaways from the Q&A below:
1. Technology will play an increasingly important role in the title industry.
The title industry has always been based on building strong relationships and providing excellent service. While these traditional values are still at the core of the industry and Ohio Real Title, Marrie predicts that technology will play an increasingly significant role in shaping its future.
According to Marrie, technology will enhance efficiency, with AI taking a more significant role in streamlining title searches and facilitating information exchange. Historically, ORT hasn’t shied away from embracing new technology, so it’s likely we will continue to be at the forefront of these exciting changes in the industry.
2. The Value of Joint Ventures
In the Real Estate industry, there are laws that allow real estate professionals to be owners in title agencies. And although realtor partners are not allowed to be majority owners, they can act as minority partners in a joint venture.
“Our partners receive quarterly distributions. It is a modest investment that then returns significant dollars over the course of the year,” Ryan says.
Ohio Real Title is happy to offer this opportunity to realtors and are proud to say that we currently have over 1000 partners in Northeast Ohio and several hundred in Central Ohio.
3. What Makes Ohio Real Title Stand Out
Since day one, the ORT team has been very intentional about who we bring into the mix. We don’t just hire anyone; we hire the best of the best who align with our company culture and objectives. Our approach has paid off, enabling us to build teams that appreciate and trust each other and ultimately take great care of our clients, buyers, and sellers.
“We’ve been able to maintain continuity with teams and offices because we don’t have to have major layoffs and shifts in staffing,” says Marrie. “The number one reason we continue to succeed is that we’ve been consistent in bringing in the right people, identifying people who are the right fit, and taking care of them.”
So, what are you waiting for? If you’re a real estate professional, and like working with us and feel that our service level, fees, and the value we provide is better than anyone else in the market, join us and let’s grow together.
