In my extensive networking travels, I recently met a bank representative with a unique niche.  He focuses on escrow accounts for title agents. This is intriguing to me; I am always interested to learn about new issues and common areas of concern in regards to my clients’ constant battle with rising insurance costs and subpar coverages.  This is an area of the industry I am not familiar with.

I wondered, what motivates agents to use a particular bank for their escrow accounts? I asked a few and received answers like “I use the same bank for all my accounting…” or “there are no or low fees associated with the account.”  I pose this question to you: why do you choose your bank for your escrow account? What is important to you? 

As always, I look forward to your responses!

Best,

Robin Campbell