For Release: June 1, 2015
Contact: Neil Sherman, 248-286-3800
BEST HOMES TITLE EXPANDS TO INCLUDE ROCHESTER HILLS AGENCY IN ITS MICHIGAN GROWTH STRATEGY
New acquisition drives firm’s focus on offering the best in terms of in-person access as well as the latest in technology
FARMINGTON HILLS, Mich. (June 1, 2015) – In its effort to become one of Michigan’s largest and most experienced title- and escrow-services company, Best Homes Title announced today that it has grown with its acquisition of Rochester Hills-based Homeowners Title Agency.
This is the company’s largest Metro Detroit expansion, boosting Best Homes Title to 13 full-service offices across the state. Best Homes Title now has more than 75 employees, including an array of industry veterans in the areas of residential and commercial real estate.
The acquisition became official June 1, said Best Homes Title President Neil Sherman. Homeowners Title Agency owner Phil Campbell will be a key advisor, bringing his decades of experience to Best Homes Title and to his long-time clients during the transition, Sherman said. Eight Homeowners Title Agency employees will continue work from the Rochester Hills location.
Campbell, a real-estate attorney with more than 35 years of experience, founded Homeowners Title Agency in 2004 to provide client-centered real-estate transactions.
“In the past few years, we’ve added offices in Troy, Waterford, Big Rapids and Greenville. Now, we’ve got a presence in Rochester Hills. This not only increases our footprint, but it also increases our residential expertise,” Sherman said. “We will continue to look for new partnerships that are a match for our drive toward top-notch customer service and technical savvy.”
This Michigan-centric expansion is part of Best Homes Title’s desire to be an industry leader in the state, both in terms of the services it provides and the kind of technology it offers, Sherman said. Having 13 locations allows Best Homes Title to give its clients in-person access across the state to its team of real-estate attorneys, title and escrow experts and staff.
Its industry-leading technology also serves clients who want fast, reliable information to close a deal. That includes Best Homes Title’s Client on Demand service, giving brokers and Realtors online access to documents, as well as its new customer-friendly app.
“It’s quite unusual for a title agency to have an independent app,” Sherman said. “We think it’s a great thing for realtors and mortgage officers. It allows them to run estimates directly from their phones and send them to their customers. It’s complete interconnectivity and sets a new standard for the marketplace.”
Best Homes Title was founded in 2006 by real-estate attorneys Peter Schneiderman and Neil Sherman. Under their direction, Best Homes Title has grown from four people in Farmington Hills to more than 75 employees in 13 Michigan locations, averaging a monthly volume of more than 1,000 transactions.
The longtime business partners, who offered title services to their national clients, saw an opportunity to combine their industry experience and focus on customer service through the creation of Best Homes Title, an independent agent within the escrow and title industry. Best Homes Title is underwritten by First American Title Insurance Co., Fidelity Insurance Co. and Old Republic Insurance Co., providing expanded insurance solutions to its clients.
The two real-estate attorneys began working together at Schneiderman & Sherman P.C., a Michigan law firm serving the mortgage industry for more than 35 years. Mr. Schneiderman has continuously represented clients in the real estate and mortgage banking industry since 1975. Mr. Sherman, who serves as its Managing Attorney, joined the firm in 2002.
About Best Homes Title Agency LLC
Founded in 2006, Best Homes Title Agency, LLC, provides comprehensive title insurance, title examination and closing services throughout the state of Michigan. Best Homes Title is headquartered in Farmington Hills, Mich., with offices in 12 other locations, including Troy, Waterford, Saginaw and Grand Rapids. For more information, visit www.besthomestitle.com or call the main office at 248-286-3800.