Alex Lopez founded New Door Property Transfer and Homeway Real Estate in 2019 as a means to make home and property titles transparent both seamless and deliverable. In fact, the team displays a full range of services for buyers, sellers, investors and lenders.
The CEO’s motivation behind the launching the initiative was a means of empowering real estate professionals. Every property firm actually owns a title company, but they are not getting paid for it. Lopez noticed the market was uneven. He came across numerous real estate professionals and firms that all had one thing in common, their title transfers were not being maximized. Whether deadlines were not met, services were not thorough or protocols and policies were being essentially brushed under the rug.
The solution came to Lopez in helping empower his fellow real estate professionals to garner the ability to complete their own respective title transfers, creating a 100%-RESPA compliant program. His plan earned him national underwriters recognition and thus he composed a step-by-step program allowing any and all real estate professionals to serve as a title company.
“There’s nothing more satisfying than knowing I was able to take a broker-owner that wasn’t making extra income on that ancillary service or wasn’t getting transparency with their current title provider and seeing them open up a partnership,” said Lopez. “I own a real estate company and understand that when you do a joint venture with a local title company, you don’t really get a fair shake,” he said. “And that‘s really why I started New Door.”
The Three-Step Plan
Real estate professionals are encouraged to utilize Lopez’s three-step plan for owning their first title transfer companies to ensure a smooth transition and process.
The first step calls for real estate professionals to contact New Door Property Transfer to gather all the necessary information to create and launch their own title transfer companies. Second, the expert team at the firm will guide them through the process on how to own and operate the transfer company. Lastly, the client will garner a turnkey-ready title company, courtesy of a mutually beneficial partnership with New Door Property Transfer.
The benefits are seemingly endless, but a few that stick out include, the financial gain and retention. New title transfer companies can now stop making thousands of dollars for existing title companies and instead keep the profits in-house. As far as retention is concerned, there is no longer a hassle when it comes to dealing with title companies. Since the service will now be in-house, agent stress is lowered as they can work within the newly-formed one-stop shop.
Lopez is continuing to lead the way in guiding real estate professionals and teams to forming their own title transfer companies. In fact, he has recently been partnering with larger firms, including Realty World, Florida Property Brokers, Re/Max, and others, to provide better customer and client services. The results are fruitful for all parties involved.
“You can rest assured knowing your consumers are having a great experience when they close on their property,” stated Lopez. “Your agents will have the communication they need from the title provider to make sure they’re understanding every single part of the process so they can get their clients to the closing table without any headaches.”
About New Door Property Transfer
New Door Property Transfer provides smooth home property title transfers and closing services for consumers, lenders, and investors. The company was founded in 2019 by CEO Alex Lopez, Founder of homewayre.com. For more information, visit https://newdoorpt.com
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