Agent Direct Title Company Job Offer
Several our students have contacted me regarding receiving solicitation letters from a company called "Agent Direct Title" offering to pay real estate brokers $1,000-$2,000 per transaction as part of its new title program.
Because of potential RESPA and Title Regulations, I suggested they contact their attorney.
This company has received a "Cease and Desist Order" from the Illinois Department of Financial and Professional Regulations for violation of Section 16 of the Title Insurance Act. If you have received the letter, or have worked with Agent Direct Title, it is recommended that you speak to your Managing Broker and/or your company attorney.
Please feel free to share this information!
Posted on Thu, March 7, 2019
by Mike Fair filed under