Regardless of the state, there is a requirement to pass a titling test in order to become
a licensed title agent.
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Matt has extensive experience counseling clients on a wide range of real estate development matters,
title issues involving complex estates and oil, gas and mineral questions, and is also a
licensed title insurance
agent.
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Title includes overseeing of the individual book of business for insurance agency, processing new applications for coverage, and handling claims or billing as needed for
licensed insurance
agents.
Also, inquire about
licensing, which is required for
title agents in all states, and request a full list of charges.
When professionalism and experience are easier to identify in a real estate person's
title, it will allow for a greater understanding of a person's capabilities in the industry that goes beyond the usual «No. 1» or «Highest selling» marketing testaments many real estate brokers use to set themselves above the larger pool of
licensed agents.
5) Finally, I will open escrow with a
licensed closing
agent (
Title Company or Attorney) and quickly get you paid.
The use of the
titles, «sales associate,» «
licensed sales
agent» or simply «broker» is prohibited.
The audit,
titled the «Tax Discovery Initiative,» was completed in April 2015 and found that about 28 percent of the 389 real estate
agents surveyed did not have a required commercial activity
license or business income and receipts tax account number.
In Utah, the
title and escrow industry are regulated by the Utah Insurance Department, which means the state
licenses insurance
agents and has a set of standards and policies.
Howe officially received her real estate
license when she turned 18 and even spent time working as an escrow
agent for a
title insurance company before coming back to real estate full time.
With
licensed title insurance
agents and real estate attorneys on staff, you can rest assured that we have your best interests in mind.
As long as they use a
licensed agent, a reputable lender, and
title company, these transactions shouldn't hamper the sale.
Sandy Gadow, a freelance writer and author of «The Complete Guide to Your Real Estate Closing,» is a former
title officer and
licensed real estate
agent with more than 20 years of experience.
Howe officially received her real estate
license when she turned 18 and has also spent time working as an escrow
agent for a
title insurance company.
Real estate brokers must meet special
licensing requirements beyond the scope of regular real estate
agents to gain their
title, as well as the ability to legally manage their own real estate business.