How Do I Become A NexTitle Partner?
At NexTitle, we are committed to our core values and believe in building true business partnerships with like-minded partners.
If you are interested in becoming a potential partner, please start by filling out the questionnaire so we can get to know you and your business better
What Is A Joint-Venture?
Joint ventures are businesses that are formed for a specific purpose. We form businesses to strictly sell title insurance or title insurance and escrow services, depending on the market. Our business model is composed of NexTitle and our joint venture partners, who are typically successful realtors. Our joint ventures qualify as Affiliated Business Arrangements under the Real Estate Settlement Procedures Act (RESPA).
What Is The Benefit Of Becoming A NexTitle Joint-Venture Partner?
We believe in Next Level Service and building meaningful relationships with our selected partners. We connect by understanding their business and how they operate. Our dedicated staff is committed to providing a customized and solution-oriented experience that will get transactions closed on time.
Being part of a joint venture also provides an additional income stream to the owners through quarterly distributions. We are happy to provide references for our current partners in existing joint ventures as well as financials showing net margins and distributions, as an illustration of our successes.
What Is An Accredited Investor?
An accredited investor is an individual or a business entity that is allowed to trade securities that may not be registered with financial authorities. They are entitled to this privileged access by satisfying at least one requirement regarding their income, net worth, asset size, governance status, or professional experience.
Accredited Investor Definition (investopedia.com)
What Is An Affiliated Business Arrangement (ABA) Disclosure Form And Why Do I Need One?
The Affiliated Business Arrangement Disclosure is required whenever a settlement service provider involved in a RESPA covered transaction refers the consumer to a provider with whom the referring party has an ownership or other beneficial interest. All real estate-related joint ventures are regulated under RESPA (title insurance, escrow, mortgage or otherwise). It is imperative for all parties to always remain in compliance with state and federal laws. We prepare these documents for our partners and will require timely completion.