September 2024


Title Notes E-News

4 Tips on How to Avoid Being Lonely When Working From Home

by Lolly Daskal

 

As an executive leadership coach, I’ve witnessed the growing trend of remote work and the challenges that come with it, including feelings of loneliness and isolation. Working from home can be a great opportunity for flexibility and productivity, but it’s crucial to take proactive steps to maintain social connections and avoid the pitfalls of loneliness. Click HERE for four unconventional tips and creative ways to connect with others and thrive while working remotely.

DON'T MISS THIS FREE WEBINAR ABOUT TITLE INSURANCE CLAIMS!!

What Buyers Expect to Pay vs. Actual Home Prices

by Paul Emrath, National Association of Home Builders


There is a major gap between buyers’ expectations and home prices, according to recent surveys from NAHB and the U.S. Census Bureau. While 38% of buyers expect to pay less than $250,000 for their next home, only 5% of homes that started construction in 2023 are actually priced under $250,000. In contrast, the share of new homes being built that sell for above $250,000 is often far greater than the share of buyers seeking homes in that price range. Click HERE for more data and commentary.

8 Elements That Differentiate Your Business and Make It Stand Out

by Winnie Brignac Hart and Lorrie Brignac Lee of TwinEngine 


A brand used to be considered a logo, a slogan, a particular design or color combination, an advertisement or even a brochure. But today, these visual elements are only an outward expression and a small part of what makes up what we recognize as a company’s expression of its brand. In today’s business environment, a brand is a set of expectations, memories, stories, and relationships that, taken together, account for someone’s decision to choose one product or service over another. It’s an intangible asset for any company, and possibly the most valuable asset a company owns. Every company has a brand; it’s like DNA and is comprised of many things that define who you are as a business. So how can you determine the DNA of your company? Click HERE to learn about eight fundamental factors which contribute to standing out from the competition when it comes to marketing. 

Save the Date - NEW TRAINING ANNOUNCED

Thursday, October 10, 2024 AT 10AM

This Training Will Be Offered Via Microsoft Teams.

For More Information please E-mail Butch Rutherford

or Call at 540.437.9560.

Magical Retirement Thinking: Most Americans Want to Retire Early, But Few Have Plans to Get There

from the Financial Brand


More than 4 million Americans will turn 65 this year and every year through 2027 – the so-called “silver tsunami”. Meanwhile, life expectancy in the US is nearing 80 and the promise of Social Security seems increasingly fragile. How will current generations of Americans fund their later years? The financial services industry can provide answers, but only if we know the lay of the land in detail. The finds of the YouGov report highlights the need for increased financial education, personalized retirement strategies, and policy considerations to bridge the gap between retirement aspirations and realities across multiple demographic groups. Click HERE to gain greater insights.

Seller Impersonation Fraud Attempts Increase, Study Shows


Seller impersonation fraud attempts continue to increase as 28% of title companies experienced at least one of these incidents in 2023, according to a study. The study, which included responses from 783 title companies across the United States, also showed that two out of 10 title companies experienced a seller impersonation fraud attempt in April 2024. It is important to know that both the ALTA Owner’s Policy and ATLA Homeowner’s Policy cover buyers who fall victim to pre-purchase forgery. The ALTA Homeowner’s Policy also protects against a third party who fraudulently transfers the owner’s property in the future. Click HERE to learn more about Seller Fraud attempts, and HERE to learn more about Vacant Lot Scams, the most prevalent seller fraud scheme.

TITLE EDUCATION CORNER

Check out these two great brochures that will help you explain to your clients the importance of obtaining an Owner's Title Policy on EVERY purchase.

The Best Employees Are Smart and Driven. But 1 Other Habit Makes Them Irreplaceable.

by Lolly Daskal


While intelligence, ambition, and expertise are essential, there’s one critical habit that sets the truly irresistible employees apart. This one particular habit is foundational for anyone aspiring to be irresistible. That habit is staying calm under pressure. This one habit enables clear thinking, steadfast decision-making, and unwavering poise – even in the face of intense pressure and adversity. This one habit is a game-changer. Click HERE to learn how to let your calm clarity be the compass that guides you and your team to resilience, effectiveness, and success.

What Should I Do If I'm Passed Over For a Promotion?
7 Powerful Things Confident People Always Say

How Mortgage Companies Will Embrace Dual Compensation

by Amanda Tucker


The National Association of Realtors (NAR) legal settlement that went into effect on August 17 has broad implications for America’s housing and mortgage industry, one significant change will be the number of loan officers (LOs) who will also become licensed real estate agents. This concept of having LOs who are also real estate agents, also known as dual compensation, is now a concept gaining momentum across the industry. In 2022, the Federal Housing Agency (FHA) sent out a mortgagee letter which changed its conflict-of-interest rule. The update now permits loan originators to have dual employment, including working as a real estate sales agent. Click HERE to learn more.

7 Fintech Trends Banks Should Be Watching Now + 8 More to Anticipate

by Alex Jimenez, Backbase


Opportunities abound for banks that delve not only into today's technology trends but what's just over the horizon. A veteran industry analyst assesses where institutions can find fresh fields. He challenges banks to examine the trends that get less focus, perhaps leveraging associated trends, to make a difference in the industry. Many of these “lesser trends” represent opportunities for financial institutions to stand apart from the pack, and ultimately drive better customer outcomes and business results. Click HERE to review the list of current trends to monitor right now, as well as trends that should be on your radar.

Finding Joy as a Manager -- Even on Bad Days

by Daisy Auger-Dominguez


When work and life are overwhelming, it can be difficult to reclaim a sense of joy at work. Research has shown the benefits of incorporating joy, hope, and optimism into the workplace to combat burnout and improve well-being. Following are four recommended strategies to reconnect with joy at work on your toughest days: 1) Find your why: Reconnect with your passion and purpose by aligning your work with what brings you joy, what you are good at, and what the world needs. 2) Embrace a beginner’s mindset: Approach challenges with curiosity and openness, fostering a sense of wonder. 3) Sprinkle gratitude and joy like confetti: Actively recognize and celebrate contributions to build a supportive and cohesive team culture. 4) Fuel your joy: Maintain positive reminders and practice self-compassion to sustain energy and enthusiasm in your role. Click HERE to learn how you can embrace these to find your joy.

How Your Leadership Perfectionism Sabotages Your Success in 5 Surprising Ways
Stop Protecting Start Correcting: Four Reasons Unnecessary Mistakes Persist

For The Real Estate Practitioner

For The Real Estate Enthusiast

All Under One Roof: Trends in Multigenerational Living
This Fall Is All About Turning Your Home Into a Sanctuary
Action Plan: What To Do When a Star Agent Leaves
6 Top Outdoor Projects Homeowners Are Taking On
How to Redirect Agents When They've Lost Momentum
Bold Marble Veining Is the Next Major Interior Design Trend
How Far Is Too Far With Home Staging?
Colors To Fit Your Kitchen's Orientation
Consistency Is Crucial When Negotiating With Consumers
Out With the Old, In with the Bold - Who Is Shaking Up Home Staging
Why Every Buyer Needs an Owner's Policy
Owner's Policy Comparison Chart
Protect Your Clients From Wire Fraud
Butch Rutherford
Vice President & Agency Manager
Bankers Title Shenandoah, LLC
20 Bobby's Way, Suite 101
Staunton, VA 24401
Phone: 1.888.437.9560 | 540.437.9560
 
Integrity. Security. Excellence
Sandy Connelly
Operations Manager
Bankers Title Shenandoah, LLC
20 Bobby's Way, Suite 101
Staunton, VA 24401
Phone: 1.888.437.9560 | 540.437.9560
Bankers Title Shenandoah, LLC is a FULL SERVICE Title & Settlement Agency offering settlement services throughout the Commonwealth of Virginia and Title Services in Virginia, West Virginia, and Maryland.
We are committed to maintaining customer satisfaction by delivering quality title insurance products and closing services in an accurate and timely manner. Our professionalism, technical knowledge and experience provide security as we insure protection for your most valued investment.