This entry was posted on Monday, March 19th, 2007 at 12:44 pm and is filed under Contracts + Records, Lessons. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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March 19, 2007
If anything goes wrong, blame the agent
Arriving early for class proved to be a mistake today, as our instructor was 20 minutes late. Several students in the class began to get angry, with one remarking that he couldn’t take any more time off of work. As our courses tend to begin and end at the same time regardless of when the instructor shows, I’m not sure why he was stressing out about being late for work, but I soon realized that he wasn’t the brightest on in the group as he continued to remark about how stressful it was to be learning real estate, and how he felt like he was experiencing a 2nd puberty.
My head was starting to ache as I tried to understand what he was blabbering about when our instructor burst in. She apologized and explained that she had scheduled a closing for that morning.
I should add, this class was a required attendance one, and I believe the second one with a title agent. If you recall, our first required class had left us all confused as the agent declared that by buying title insurance, you were giving the title company license to sue you. I hoped that perhaps todays class would be less confusing.
Our instructor began by telling us that she had been in the title business for many years and that when she started in the business she was the only girl…”Girls you know what that means? Boys didn’t let me into the vault.” She complained that work had been hard going in such a sexist environment, but seemed pleased that the industry had changed its ways. Personally, I wouldn’t have stayed with a company that I found sexist and limiting, but I guess I’m unique in that belief.
Her introduction then had her touching upon a theme familiar from our first title agent lesson, that of agent responsibility, essentially Agents are responsible for making sure the Title company doesn’t make a mistake. How convenient for them!
She warned the room that if there were any problems during closing, that the clients are going to be blaming their agents, who meant that, we would lose out on referrals and repeat business.
After this familiar rant she then stated: “Today I’m teaching what I do for a living…so you don’t need to know all of this…you just need to know who to ask (me). “ This seemed to kind of contradict what she had said earlier about agents having to catch all mistakes, but then telling us to just trust in her for any and all closing problems. Thankfully, she then jumped back to familiar ground by concluding her introduction with the stern warning: “If something goes wrong, they’re going after you.”
To learn more about title insurance and how it’ll get you sued, read part 2 of this lesson.
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