April 2024

Title Notes E-News

The Truth About the NAR Settlement Agreement

from National Association of REALTORS®

Misinformation has been pervasive in the media over real estate commissions. Here are the facts you should know. The national conversation around real estate commissions reached a crescendo since the National Association of REALTORS® announced a settlement agreement that would resolve litigation brought on behalf of home sellers related to broker commissions. Brokers and agents have their own questions about what comes next for their businesses, while at the same time trying to answer consumer inquiries. And many headlines aren’t separating fact from fiction, feeding misinformation to you and your clients. Let’s clear the air! Click HERE to read on.

Which Brokerages Will Thrive In a Post-NAR Settlement World?

This Is How to Become More Decisive: 20 Practices

by Gregg Vanourek

To live and lead well, we must be decisive. While this may come naturally for some, many people struggle with it for a variety of reasons. There’s a lot going on when it comes to making decisions. The neurological mechanics are breathtaking. It’s no wonder so many people struggle with indecisiveness—wavering between different courses of action and having trouble choosing and moving forward. Indecisiveness can have painful consequences. Thankfully, there are many things we can do to improve our decisiveness. It’s a skill we can learn and develop. Click HERE for 20 practices.

Ten Principles to Keep Our Anger in Check

These Are the Biggest Fraud Risks Banks Will Face in 2024

by Craig Guillot


Experian’s annual Future of Fraud Forecast highlights fraud trends impacting consumers, businesses, and the financial services industry. The forecast noted that fraud is becoming a growing problem for both businesses and consumers — and 2024 will bring not only an increase in volume but an increase in the types of attacks. Gen AI will enable new and creative attack methods, even for DIYers. More consumers are looking to in-person interactions to reduce digital risk. Experian also anticipates a surge in identity fraud and retailers being hit with empty returns. Companies and financial institutions can mitigate risk with a multilayered prevention solution. Click HERE to learn more.

How to Turn Identity Fraud Prevention Into a Competitive Advantage
Bankers Are Challenged to Safeguard Against Fraud From Many Directions

Bankers Title Shenandoah Keeps You Safe From Wire Fraud with CertifID

Digital banking makes moving money easier for everyone — including cyber criminals, who are getting more cunning every day. Every wire transfer you send or receive is at risk. Yet many ask if wire fraud is really that serious? Wire transfers continue to be the most frequently reported payment method for fraud with a reported aggregate loss of $2.4 Billion and an average loss of $120k per victim. And, did you know that one out of every three real estate transactions are targeted for wire fraud?

At Bankers Title Shenandoah, we take the safety of your money and your client's money seriously as we offer wire fraud protection through a partnership with CertifID. This offers end-to-end protection to keep customer information secured and insured at all times through a suite of services. CertifID makes it easy for us to securely send our wire instructions to clients and lenders; allows us to safely collect bank details from home sellers and other partners; verifies the bank details that have been provided are accurate and not tampered with; and, offers Payoff Protect to validate the authenticity of wiring instructions to ensure loan payoff payments aren't sent to fraudsters. All wire transactions are backed by Lloyd's of London and insured up to $1 million. Click HERE for a flyer you can share with your clients, and talk to your settlement processor to learn how using CertifID can protect you and your clients.

Team Chemistry: How Do You Build It?

from thoughtLEADERS, LLC

Building chemistry between the members of your team is all about personalities, shared beliefs, and trust. Make sure everyone on your team is involved in the interview process because candidates will show different sides of themselves to different people. It’s not critical for people to have the same personalities; actually, it’s quite detrimental. What matters here is you have to help the members of your team understand and respect other people’s personalities and how they like to work with others. Once you’ve figured out the chemistry of the team and you have people with the right fit, you need to start building trust. Trust is about shared experiences and predictability. Click HERE to learn more.

How to Fix Your Company's Culture of Overwork

Is Being a 'Regional Bank' Now a Reputational Liability?

by Steve Cocheo, The Financial Brand

Events of the last year have cast an unflattering light on the regional bank category. While the high-profile failures were due to issues specific to those institutions, how can regional banks as a group reset their reputations? The biggest challenge for regionals as lenders is that they typically must compete on price. “Regional banks are too big to have a good connection to their communities anymore and they are too small to compete with the majors. So, they are stuck with price, and that’s a very difficult place to be. Click HERE to read on.

How to Navigate the Coming Storm of Demographic Disruption
Banks Rethinking Priorities Amid Economic Uncertainty

7 Keys to De-risking Commercial Real Estate Lending

by Ingrid Case

Amid Covid and soaring interest rates, many banks have shied away from including commercial real estate in their lending portfolios. However, 2024 could present solid opportunities for lenders to grow their CRE lending portfolios. Bank and CRE market circumstances vary, sometimes by a lot. Even so, lenders can take a page from the three banks that shared the secrets of their successful CRE lending programs with The Financial Brand. Click HERE to learn more.

A 'Pivotal' Moment: What's Next for Commercial Banking?
The Small Business Pain Points That Spell Opportunity for Banks

For The Real Estate Practitioner

For The Real Estate Enthusiast

Get Buyers to Commit to You as Their Agent
Better, Not Bigger, Homes Among Top Design Trends for 2024
Scammers Use Agent Deepfakes to Fool Buyers, Sellers
10 Highlights From the 2024 New American Home
5 Tips to Upgrade Your Real Estate Networking Game
16 Weird Real Estate Listings You Won't Believe
How to Shift Your Marketing to Get Listings In Today's Market
How to Create a Joyful, Clutter-Free Living Room
How to Make Money as a Real Estate Agent: 11 Strategies to Earn More
18 Easy Spring Cleaning Tips & Hacks to Refresh Your Home in 2024
Why Every Buyer Needs an Owner's Policy
Owner's Policy Comparison Chart
Protect Your Clients From Wire Fraud
Butch Rutherford
Vice President & Agency Manager
Bankers Title Shenandoah, LLC
20 Bobby's Way, Suite 101
Staunton, VA 24401
Phone: 1.888.437.9560 | 540.437.9560
Integrity. Security. Excellence
Sandy Connelly
Operations Manager
Bankers Title Shenandoah, LLC
20 Bobby's Way, Suite 101
Staunton, VA 24401
Phone: 1.888.437.9560 | 540.437.9560
Bankers Title Shenandoah, LLC is a FULL SERVICE Title & Settlement Agency offering settlement services throughout the Commonwealth of Virginia and Title Services in Virginia, West Virginia, and Maryland.
We are committed to maintaining customer satisfaction by delivering quality title insurance products and closing services in an accurate and timely manner. Our professionalism, technical knowledge and experience provide security as we insure protection for your most valued investment.