Nationwide Title Clearing, Inc. is a true entrepreneurial marvel. It was founded in 1991 as a small, local title company and today it is one of the fastest growing wholesale title and document companies in the country. Nationwide services retail mortgage companies, lenders, banks, and other mortgage servicing companies all over the United States.
When your mortgage company or title company brings you in for the closing on your new home, chances are the documents needed for the closing came from Nationwide Title Clearing, Inc. The clearance for the title, the lien release, and the other items that are necessary for the transfer of the title from the buyer to you are needed to be accurate and on time for the date of your closing. If they are the wrong documents or they are lost in the shuffle, you will be upset, and you may even decide to work with someone else regarding your new home.
It is easy to see that timing and accuracy are vital to the smooth operation of a system that used to be run by fax and letterhead and is now run electronically. Nationwide runs a huge national abstractor network and its claim to fame is the ability to produce documents when they are ordered and to produce them accurately and quickly.
Nationwide has an excellent track record in this area with a 99.9% compliance record and less than a 1% failure percentage. These numbers mean that Nationwide will have all of the documents at your closing slightly less than 100% of the time.
Nationwide can reach out to each and every jurisdiction and county in the United States where documents are stored and have them at the closing location, or different locations if there are multiple closings.
Highly trained employees are vital to this type of operation as is a highly developed and sophisticated technology that runs flawlessly at all time. Over the past 25 years, a lot of time and energy, not to mention expense has been invested in these very things. Investment in personnel and technology has yield results that are the envy of the rest of the industry, and it has created a windfall for Nationwide.
Most of the top retail mortgage and banking companies do business with Nationwide. The technology and expertise of staff members can produce documents at half the cost of competitors, and it doesn’t look like anybody is going to catch up very soon.
According to a Forbes article, real estate expert Greg Hague believes that traditional house selling methods are costing sellers up to eight percent of their sale price. Hague’s newest company, Real Estate Mavericks, is a real estate coaching company working on changing the old fashioned method of “for sale” signs, MLS listings, publishing sales ads and open houses. His two programs, 22-Step Home Launch Formula and 29-Day Fast Sale Plan, creates demand and more potential buyers before the home is officially for sale.
The longer a home is for sale, the lower the selling price will be. Before a house is officially on the market, real estate agents should instead convey private messages to fellow agents to inform them of a soon-available home. This will enable them to check with their buyers, and anyone interested is given the opportunity to see the home.
When a home stays on the market too long, potential buyers believe the dwelling has “issues” and offer a much lower bid that sellers often accept. Hague believes the length of time on the market should not be public information. His goal for 2016 is to replace the older selling methods with a new home sale training program that will assist agents in representing their sellers better by getting a higher priced sale. He will be choosing the agents who will attend a 90-day coaching session and achieve certification as a Top Dollar Agent.
According to The Fiscal Times, home sales were on the rise in 2015 as mortgage rates remain low. This new program provides more money to the seller instead of enabling the buyer to negotiate a lower price for a home that has been on the market too long. Agents learn not to sell themselves but instead work for their sellers with a process that sells homes fast and at higher prices.
Greg Hague was born in 1948 to a family of Cincinnati, Ohio realtors. They owned Hague Realtors that was the largest brokerage in Cincinnati. He became an agent at the age of 18 and has always offered non-traditional home selling techniques. In only two years he became Ohio’s number one selling real estate agent. In 1978 he established his own company, Heritage House Real Estate, that grew into one of the largest firms in Cincinnati.
In the late 1980s he established the consulting company Real Estate Mavericks. This firm trains agents using his concept of selling houses quickly and for a higher price. This endeavor includes 122 offices employing 4,000 agents. He has been a top agent for more than 25 years and has trained more than 10,000 agents in the United States. He is also an author, law professor and a business partner of author Harvey Mackay who wrote Swim With The Sharks.