Voice of the
Title Agent survey said although 2020 was an unpredictable year, it was a profitable one. Nine in 10 said they saw their business improve from 2020, most of them saying the improvement was significant. That’s up from around 80 percent of respondents last year.
Several cited the pandemic creating a surge in homebuying as behind some of their success. “Pandemic spurred relocation from large cities to our rural area. Pandemic increased working
from home, offering opportunity for relocation to almost anywhere,” one respondent said. “We are in a rural area and had lower home prices. People sold in the city for high price and purchased a bigger home out here. Plus, our schools are open” during the pandemic, another said. One agent said their business picked up because of “people’s desire to have bigger homes due to working from home, move to less expensive
areas as a result of being allowed to work from
home.”
