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Title Alliance Ends 2020 With Highest Profits in Years, Looking to Grow Exponentially in 2021

Wednesday, February 10th, 2021

In the News

Title Alliance Ends 2020 With Highest Profits in Years, Looking to Grow Exponentially in 2021

Title Alliance, Ltd., a full-service title insurance agency offering a complete range of title and escrow services for the public, the construction industry, attorneys, banks and other lenders, ended 2020 with the highest Joint Venture profits ever. In total, profits for 2020 increased 48.3% year-over-year, despite the pandemic and the company hired more than 100 talented professionals in Pennsylvania, Washington, Ohio, Indiana, Arizona, New Mexico, New Jersey, Virginia, and Florida. In 2021, the company is poised to continue their growth and expand their footprint with new offices, new employees, and new territories.

Title Alliance has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders since 1983. Last year the Southwest Region, which includes Arizona and New Mexico, saw the largest growth with 83.7% increase in profits. The Northeast Region, which includes Pennsylvania and New Jersey, had an increase of 49.6%. The Midwest Region increased 22.4% and the Southeast Region grew 26.5%, all exceeding their annual goals.

“We are thrilled with the expansion we made in 2020, with new offices, more employees, additional states, and increases across the board,” said Jim Campbell, Chief Executive Officer of Title Alliance. “We expect 2021 to continue this momentum as we are focusing on maintaining and growing our existing operations while looking to further expand our reach. We believe the market is prime for Title Alliance to work with new partners to deliver the highest level of quality customer service across the U.S.”

According to Title Alliance, the company predicts home sales in 2021 to continue to increase above 2020 levels, as sellers continue to get top dollar for their properties and buyers struggle with affordability. The company also predicts new growth in commercial real estate projects as well.

“We set our 2021 Corporate Goals and while growth continues to be important,” says Lindsay Smith, Chief Strategy Officer of Title Alliance, “the happiness of our teams as measured by our net promoter score is our absolute number one priority. In 2020, we are pleased to report a 38% increase in our Net Promoter Score as a company.” She concludes, “We know that when our teams are happy our growth will be that much more exponential and will create a win-win-win for all parties involved.”

With the expansion in 2021, Title Alliance is looking to hire positions in Arizona, Washington, Alaska, and New Mexico. The positions are from entry level to executive rank and include Area Operations Manager, Escrow Officer, Escrow Assistant, and Title Officer, to name a few. Prospective candidates looking for a new opportunity can visit Title Alliance Careers for current job openings. One of the pillars of the Title Alliance philosophy is creating opportunities for personal and professional growth-one alliance at a time. With an incredible emphasis on continued and sustained growth, Title Alliance offers recruits continued opportunities for advancement as well as stability. While qualifications are important in the hiring process, personality and values are a higher priority.

About Title Alliance:

Title Alliance has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders since 1983. We work with our partners to establish in-house title and settlement operations, dramatically enhancing their customer service and increasing their profit. Started and headquartered in Media, PA, Title Alliance’s family of companies are currently in 10 States with more than 55 offices. Title Alliance works with partners to establish in-house title and settlement operations to dramatically enhance customer service and increase profit. More information at www.titlealliance.com.

For more information, contact:

Alyssa Abbonizio

610-892-8100

alyssa@titlealliance.com

Title Alliance Celebrates Five Year Anniversary of Expansion into Southwest

Friday, December 4th, 2020

In the News

Title Alliance Celebrates Five Year Anniversary of Expansion into Southwest

Title Alliance, Ltd. a RESPA-compliant ESOP leader in joint ventured title insurance agencies, celebrated their fifth year in the Valley of the Sun with an employee appreciation event. In 2015, the company started with 3 employees and now has more than 25 employees in eleven offices across Arizona, including locations in Litchfield Park, Surprise, Mesa, Scottsdale, Chandler, and Avondale.

“We took a strategic leap of faith 5 years ago when we expanded into the Arizona market. We left what we knew for the possibility of bringing our model and value to a whole new population,” said Jim Campbell, Chief Executive Officer of Title Alliance. “Our westward expansion has changed our company. The passionate commitment of our team members and the integrity with which they service their clients make me proud to have them on our team.”

Title Alliance, headquartered in Media, Pennsylvania, originally chose Arizona in order to expand their footprint into the Western region to help grow the company’s reach into the western areas of the U.S. In fact, Title Alliance has seen a regional increase of 31.1% in escrows from this time last year, and profits for the region have gone up 699% from when the company first came to the region.

“This is just the beginning of our growth,” says Lindsay Smith, Chief Strategy Officer for Title Alliance. “It’s exciting to think about what has happened over the last 5 years and even more exciting to think about where we will be in another 5 years. Our partners and our teams are what fuel our business and we are thrilled to be able to provide value and opportunities to them.”

Since 1983, Title Alliance has been creating successful single and multi-state title joint ventures with lenders, realtors, and builders. The company works with its partners to establish in-house title and settlement operations, dramatically enhancing customer service and increasing profits. With an overall year-over-year increase of 29 percent in joint venture profits in 2020, the company is primed to continue their growth across the country in the coming years.

To see a video about how the Arizona offices have grown over the past five years, click here:

About Title Alliance:

Title Alliance has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders since 1983. We work with our partners to establish in-house title and settlement operations, dramatically enhancing their customer service and increasing their profit. Started and headquartered in Media, PA, Title Alliance’s family of companies are currently in 10 states with more than 55 offices. Title Alliance works with partners to establish in-house title and settlement operations to dramatically enhance customer service and increase profit. More information at   http://www.titlealliance.com.

Title Alliance Employees and Friends Joined Together for Virtual 5K Benefiting Feeding America

Thursday, December 3rd, 2020

In the News

Title Alliance Employees and Friends Joined Together for Virtual 5K Benefiting Feeding America

For the past three years Title Alliance, Ltd. (Title Alliance), a family of full-service title insurance and escrow agencies, hosts “TA Gives Back Week” where employees are encouraged to donate their time and focus on giving back. Typically, Title Alliance closes their offices across the nation for half the day to allow employees to work together on service projects specific to their local communities. This year, due to COVID-19, the company held a virtual 5K to benefit Feeding America, an organization determined to end hunger. With approximately 130 participants across 12 states, the company raised $20,000 to donate directly to Feeding America, enough money for 570 meals to be provided for families this Thanksgiving.

“Feeding America is doing so much for so many families during this pandemic and throughout the years. We at Title Alliance wanted to show our support by raising awareness and donations through a virtual 5K,” said Jim Campbell, Chief Executive Officer of Title Alliance. “We had such a great turn out this year, which really speaks to the passion of our employees who want to give back to their local communities and such a powerful organization.”

According to Feeding America, 1 in 8 people in the U.S., more than 41 million, are facing hunger and often forced to make choices between buying food and paying for other necessities, like rent and utility bills. The company is the nation’s largest hunger-relief organization, serves virtually every community in the United States, providing relief for approximately 40 million people, including 12 million children and 7 million seniors.

About Title Alliance:

Title Alliance has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders since 1983. We work with our partners to establish in-house title and settlement operations, dramatically enhancing their customer service and increasing their profit. Started and headquartered in Media, PA, Title Alliance’s family of companies are currently in 10 States with more than 55 offices. Title Alliance works with partners to establish in-house title and settlement operations to dramatically enhance customer service and increase profit. More information at www.titlealliance.com.

Title Alliance Announces Nearly Half of the Company is Employee Owned Through Stock Option Plan

Monday, November 9th, 2020

In the News

Title Alliance Announces Nearly Half of the Company is Employee Owned Through Stock Option Plan

Title Alliance, Ltd., a full-service title insurance agency offering a complete range of title and escrow services, announced 44.2% of the company is owned by its team members through the company’s Employee Stock Option Plan (ESOP) Trust. The announcement comes in tandem with National Employee Ownership month in October, and during the company’s virtual meeting that was held on Wednesday, October 21.

Title Alliance’s Employee Stock Ownership Plan (ESOP) was first established in 2014, when ownership started at 20%. Since its inception, their ESOP had a 651.9% increase in value per share, in fact from 2018 to 2019 alone, there was a 55.5% increase per share. The ESOP includes important benefits such as a strong retirement plan with no out-of-pocket contributions, job stability and pride in ownership for the team members who dedicate themselves to achieving the company’s vision. To be eligible, employees must have been hired on or before December 31 of the year prior and work 1,000 hours during a calendar year, with a full vesting occurring after six years.

“I am thrilled to see how much our Employee Stock Ownership Plan has grown over the past six years,” said   Jim Campbell, Chief Executive Officer of Title Alliance. “We believe this offering is value added for our employees, as a way to gain long-term incentives and have a stake in Title Alliance’s success, since our employees are truly the ones helping us achieve our financial goals.”

Title Alliance’s ESOP not only provides an opportunity for loyal and dedicated staff-members to grow retirement benefits, but it also provides the company with an innovative recruiting and retention tool for growth within the ventures.

Title Alliance is proud to offer ESOP along with a generous suite of other benefits to their employees. One of the pillars of the Title Alliance philosophy is creating opportunities for personal and professional growth. As a result, while qualifications are important in the hiring process, being a cultural fit, having passion and drive, being a leader, and maintaining the company’s core values are a high priority.

“We built this company as a ‘partnership business,’ which means our investors have equity in our joint ventures, so it’s only natural for our employees be given a vested stake in our company as well,” said   Sharon Lontoc, Chief Human Resources Officer at Title Alliance. “Title Alliance is a growth-minded company and we are focusing on strategically growing and expanding our business into areas which will increase our ESOP value and keep our employees happy and motivated.”

Title Alliance has grown exponentially over the past year, and is currently hiring more than 50 positions in Pennsylvania, Washington, Ohio, Indiana, Arizona, New Jersey, and Florida. With employee retention and customer service at the core of the business, the company is looking for prospective employees that will help continue the momentum the company has created throughout the past couple years as they continue to work to change the closing experience for their clients.

About Title Alliance:

Title Alliance has been forming successful single and multi-state title joint ventures with lenders, realtors, and builders since 1983. We work with our partners to establish in-house title and settlement operations, dramatically enhancing their customer service and increasing their profit. Started and headquartered in Media, PA, Title Alliance’s family of companies are currently in 10 States with more than 55 offices. Title Alliance works with partners to establish in-house title and settlement operations to dramatically enhance customer service and increase profit. More information at http://www.titlealliance.com.