Oh yes, there is nothing like sitting across the table from a Realtor whilst they explain to the buyer that an Owner's Policy of Title Insurance is a waste of money because we issued one to the lender. They begrudge us a couple of hundred dollars in premium and walk out with a 6% check.
Don't get me wrong, there are some excellent Realtors - but they are vastly outnumbered by the part-time hobbyists. I had one, who in front of the customer at closing, actually said "I don't know what this ALTA EPA Endorsement is, I have never heard of that. What is that fee for?"
Best,
Robert A. Franco
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