In this episode we welcome one of our most knowledgeable and well-respected local title attorneys, Niki Beeson. Niki is part owner of Commerce Title & Abstract Company and has been closing real estate transactions there for over 20 years. In this discussion Niki breaks down for us some of the common challenges associated with closings and how they can be navigated. We get the 411 on title insurance including what it is and how it came to be. We also learned the different levels of title insurance coverage and what they do. Niki gives us tips on facilitating a smoother closing as an agent and talks about the emotional nature of some closings. Most importantly we get VITAL information on the biggest problem facing real estate closings, wire fraud. Niki had our jaws on the floor with the stats on wire fraud and how these criminals are perpetrating wire fraud now. You can’t afford to miss this episode. You may just save your client from losing their life savings!

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129: How to Be a Great Cooperating Agent

00:00 Intro

03:02 Symbiotic relationship

04:02 Common title challenges

11:23 Judgements to distinguish

190: The Unbelievable World of Wire Fraud and Other Title Talk