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July 2022
Title Notes
E-News
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Virginia Title Center and the Courthouses will be closed on Monday, July 4th in observance of Independence Day.
Enjoy the day with your family and friends.
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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.
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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.
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Welcome to The Virginia Title Center Team |
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HALEY ARRINGTON
Haley Arrington joined the VTC team in the Roanoke office as an administrative support role where she provides behind the scenes support to the VTC team. She attended Virginia Western Community College and earned her Associates degree in Business Administration. Haley then transferred to George Mason University where she earned her Bachelors of Science degree in Marketing. When she is not working, Haley enjoys hanging out with family and friends, and playing with her many pets (that include three dogs and nine cats, of which most were strays that she lovingly adopted). She also enjoys watching episodes of The Golden Girls in her spare time.
GET TO KNOW THE REST OF THE VTC TEAM BY CLICKING HERE
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JESSICA DORAN
Jessica Doran joined the VTC team in an administrative support role where she provides behind the scenes support to the VTC team from our Blacksburg office. She started in the real estate industry in 2000 and has worked in all aspects of the closing process over the years as both a full-time and part-time Paralegal and Closer. Jessica was also an elementary school teacher in Montgomery County for many years before deciding to transition back into real estate. In her spare time, Jessica is an architectural and landscape photographer specializing in rural abandonment preservation. She and her husband, Logan, live in Christiansburg and enjoy traveling, all things baseball, and keeping up with their adult sons. Please join us in welcoming Jessica to the team!
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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.
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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.
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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.
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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.
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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.
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Virginia Title Center Offers Comprehensive Commercial Services |
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Click HERE for more information on how we can assist you.
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Did you know that Virginia Title Center’s skilled and dedicated team of experienced professionals are focused on meeting the unique needs of each client?
Our knowledgeable team includes two Certified Commercial Underwriters with over 35 years of combined experience, along with thirteen seasoned Settlement Processors. We take pride in delivering exceptional service for any size, type and complexity of 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
Virginia Title Center offers cost effective title and settlement services with competitive rates to help reduce closing costs.
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Did You Know That Virginia Title Center Offers Free Settlement Quotes 24/7 Through Our On-line Quote Calculator? |
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Visit our website and give it a try today!
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ATTENTION LENDERS:
Important Information Regarding Receipt of Closing Packages
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Virginia Title Center 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 Virginia Title Center. If your closing department is unable to meet this 24 hour prior to closing target, we will request that the closing be rescheduled.
Please share this with your team members as appropriate. Thank you for your understanding.
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Why Every Buyer Needs an Owner's Policy |
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Owner's Policy Comparison Chart |
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Protect Your Clients From Wire Fraud |
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Patti L. Dickerson
Director of Operations & Marketing
Virginia Title Center, LLC
1.800.468.5811 or 540.772.0585
Integrity. Security. Excellence.
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Main Office:
3565 Electric Road, SW, Suite J
Roanoke, VA 24018
Rocky Mount Office:
270 South Main Street, Suite 201
Rocky Mount, VA 24151
Blacksburg Office:
1997 South Main Street, Suite 604
Blacksburg, VA 24060
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Virginia Title Center is committed to serve you with unmatched expertise, exceptional customer service and a comprehensive selection of title and settlement solutions to help you grow and succeed.
Our professionalism, technical knowledge and experience provide security as we insure protection for your most valued investment.
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