July 2022
Title Notes E-news
|
|
|
|
Bankers Title and the Courthouses will be closed on Monday, July 4th in observance of Independence Day.
Enjoy the day with your family and friends.
|
|
Be Careful Which Bus You Get On: Having a Fulfilling Life and Career
If you’re not mindful of the direction your life is headed, you might end up somewhere you’re unhappy with. Be deliberate and intentional about where you’re headed. Answer this set of four questions to get a better sense of your direction. It’s never too late to take the big adventure to choose the right path for your life and career. Click HERE for a few questions to help you decide which bus you want to take.
|
|
Reducing Stress in the Post-Pandemic Workplace
by Peter Barron Stark
Since the pandemic’s start, one thing that hasn’t subsided is the stress leaders face within their work environment. From the instant start of remote work to staffing shortages, leaders across all industries and management levels are experiencing high stress levels. Employees are also experiencing high-stress levels as a result of staffing shortages. These shortages are contributing to their high workloads from the constant shifts in staff moving positions, jobs, and companies. During these high-stress times, your work environment can make all the difference between making it through and your breaking point. Click HERE for tips for managers and employees to help ease their workloads.
|
|
Welcome to the Bankers Title Team Audra Kaprive!
Bankers Title was pleased to announce that Audra Kaprive has joined Bankers Title as a Title Underwriter/Settlement Processor. She brings 17 years of real estate experience with her. Audra is highly respected for her industry knowledge and dedication to an excellent client experience on every transaction. Please join us in welcoming Audra to the team! Click HERE to check out the rest of the BT Team!
|
|
This is How to Get People to Change: 5 Secrets From Research
by Eric Barker
Trying to help someone change can be sanity-straining. Even when people face serious health scares they often don’t do enough to alter their habits, like they’re stuck on some monorail track of doom. That said, we often go about trying to help in all the wrong ways. We know that lectures probably don’t help — yet we often find ourselves doing it anyway. It’s like the reasons we give them for changing have almost no effect at all. “People are generally better persuaded by the reasons which they have themselves discovered than by those which have come into the mind of others.” Click HERE to learn about "motivational interviewing" and how you can implement this strategy to get people to change.
|
|
Bankers Title Comprehensive Commercial Services |
|
|
|
Did you know that Bankers Title’s skilled and dedicated team of experienced professionals are focused on meeting the unique needs of each commercial client?
Our knowledgeable team includes two Certified Commercial Underwriters and two commercial certified settlement/ escrow officers with over 20 years of paralegal experience. We take pride in delivering exceptional service for any size, type and complexity of purchase, construction or refinance commercial transaction.
Our comprehensive commercial services include:
- Coordination of Title Searches
- Commercial Title Insurance and Endorsements
- Escrow Services • Closing and Disbursement Services
- 1031 Exchange Services facilitated through Investors Title Exchange Corporation
|
|
Click HERE to learn more.
|
|
Opinion: The Beginning of the Mortgage Ice Age
by BJ Witkopf
It’s time to change our mindset. We are looking at this 2022 market like a snow day in January. Close it down for a day or two, clean it up and get back to business next week when it warms up. I think we’re in a cycle, and it’s the equivalent of all the past cycles — rolled into one. An Ice Age, not a snow day. The companies with the right people and technology in place will continue to thrive once the ice thaws. Click HERE to read on.
|
|
HAPPY JULY WORK ANNIVERSARIES!!! |
|
What Leadership Development Should Look Like in the Hybrid Era
by Julian Birkinshaw, Maya Gudka, and Steve Marshall
Traditional leadership development tells us that 70% of learning happens through on-the-job experience, 20% though feedback, and 10% through formal training. Research conducted over the past three years points to a more effective alternative framework for the process that emphasizes three actions: sensemaking, or understanding how the business world and the organization works around you; experimenting, or testing ideas; and self-discovery, or figuring out your own identity in the workplace. When implemented research indicates this framework enhanced participants’ development. The experiment also pointed to new best practices for hybrid leadership development: programs should be iterative and experimental, embedded in day-to-day work, supported by coaching, and span all modes of delivery from all-virtual to fully in person. Click HERE to learn more.
|
|
Contingent Workers Are a Big Opportunity For Banks
by Michael Schiappa
Taking a more strategic approach to staffing will help banks better capitalize on today’s candidate trends. Banking is among the industries relying most heavily on contingent workers, with current estimates reporting this segment has grown to represent almost half the overall workforce, at 47%. Considering the high value today’s candidates place on remote work arrangements and unrestricted flexibility, banks’ ability to hire and retain talent is directly related to how well they embrace remote and flexible work. And, just as importantly, it will help develop their reputation as a talent-friendly industry that embraces where the labor market is headed. Click HERE to learn more.
|
|
Bankers Title Team Gathers In Person in Downtown Richmond
Finally! The first time since 2019 that the entire Bankers Title Team could gather in person for fun and fellowship!
We were so thrilled to gather to spend the afternoon in Downtown Richmond recently to enjoy much-needed and overdue time together to celebrate each other and our successes over the last couple of years. Fun was had by all!
Thank you to Riverfront Canal Cruises and Southern Railway Taphouse for their outstanding customer service, and for helping make our time together so enjoyable! And thank you to the team for giving of their time and engagement!
|
|
How Banks Can Reimagine Lending to Small and Medium-Size Enterprises
by Juan Antonio Bahillo, Frank Gerhard, Abhimany Harlalka, Andras Havas, and Andreas Kremer of McKinsey & Company
As the economy enters the next credit cycle, banks are finding both opportunities and challenges in the market for lending to small and medium-size enterprises (SMEs). Although volumes are growing slowly, most banks are not reaching their full potential. Many still use old business models, rely on legacy processes, and even view SMEs as corporate entities. By failing to meet the needs of these businesses, banks are leaving opportunities on the table. If banks reimagine and modernize their business-lending processes, they can take advantage of new opportunities with SMEs and capture more of the forecast growth. Click HERE to learn more.
|
|
Working long hours to process your client's loan applications? Our online quick quote rate calculator is available 24/7/365
You can easily access it from the home page of our website. Check it out HERE. Get your title premiums, settlement fee, and recording fees with three clicks. The quote can be saved as a PDF document and emailed to your client. Fast, simple, easy, anytime!
Want to request a quote? Just click HERE to fill our and form and e-mail it to us.
|
|
ATTENTION LENDERS:
Important Information Regarding Receipt of Closing Packages
|
|
Bankers Title appreciates your support and cooperation in submitting your closing packages with clear to close no less than 24 hours before the scheduled date and time of closing.
It is the practice of our settlement processing team to review the documents submitted for accuracy prior to providing them to our closers. Often, our mobile closers need to travel up to an hour to the closing destination and also choose to review documents for questions prior to closing.
This 24 hour standard allows us to keep the client the top priority, and assure a smooth closing. A positive experience reflects favorably on you, your company, and Bankers Title.
Please share this with your team members as appropriate. Thank you for your understanding.
|
|
Robyn C. Parker
Vice President & Agency Manager
Bankers Title, LLC
9011 Arboretum Parkway
Richmond, VA 23236
Phone: 1.800.830.1414 | 804.560.7655
Integrity. Security. Excellence
|
|
Bankers Title is a full-service Title and Settlement Agency that is committed to integrity and transparency in each of our transactions. Our team is made up of the best in the business and we look forward to helping you make informed decisions about your home.
|
|
|
|
|
|
|
