Title Alliance, a RESPA-compliant ESOP company that specializes in joint ventured title insurance agencies for the residential real estate industry announced today their 40th title joint ventured agency. The partnership with RE/MAX Preferred and Title Alliance will be known as Preferred Closing Services, LLC and will have locations in both Newtown Square and West Chester Pennsylvania.
Title Alliance has a long standing relationship with RE/MAX operations. In 2014, their RE/MAX affiliated joint ventured agencies handled 1889 applications and 1502 closings with a total gross revenue of $3.12 million. Preferred Closing Services, their 10th joint ventured agency with RE/MAX franchises, looks to add to those numbers. It is anticipated to open in the spring of 2015 with two branch locations.
RE/MAX Preferred has a total of 68 agents and was conceived in 1995. As a leader in the real estate industry, their two locations have handled 8811 transactions since conception with over 2 billion in real estate transactions. In 2014 Re/MAX Preferred handled 606 transactions and expects to continue their growing trend with their joint venture with Title Alliance. Michael Santoleri and Michael D’Adamo the owners of the branch pride themselves on continuity in an ever changing landscape of real estate in the region.
“While our competitors change brands and ownership constantly, we pride ourselves in having a long history of associating with, and retaining, the absolute best agents in the entire Delaware Valley,” Santoleri says. He continues, “Partnering with Title Alliance brings us their years of experience and professionalism to help guide us, our agents, and their clients through all of the upcoming changes in the title/closing industry.” He concludes, “We also liked their agent centric model allowing us to offer ownership to our agents in our new title venture.”
Title Alliance’s Director Bill O’Connell says, “We are excited to partner with the RE/MAX Preferred team. We are always looking for partners who share in our core values. We impressed with the leadership in the RE/MAX office and their integrity.” He concludes, “The market is continuing to shift upward, and we anticipate positive years for Preferred Closing Services as well as all of our entities.”
Preferred Closing Services LLC will be located:
12 Albans Circle
Newton Square PA 19073
1595 Paoli Pike
West Chester, PA 19380
The company is planning for a mid Spring 2015 launch of Preferred Closing Services.
About Title Alliance:
Title Alliance, Ltd, an ESOP Company is located in Media, PA and has been creating RESPA compliant title joint ventures since 1983 with lenders, mortgage bankers, realtors, builders and credit unions. Their roots date back to 1948 when their first agency, which is still in existence today, was formed. For more information or to find out how a Title Alliance's partnership or title management skills could benefit you visit them online or contact Lindsay Smith at 800-220-3901 x 165.
About RE/MAX Preferred:
Located in both Newtown Square and West Chester, Pennsylvania, the RE/MAX Preferred Group The RE/MAX Preferred is committed to being home to the best agents in the Delaware Valley. Their doors opened in 1995 and to date have 68 agents who serviced over $2 billion in Real Estate Transactions. For more information about RE/MAX Preferred or for information on joining their team, visit http://www.WeSellHomes.com.
To view original press release click here.