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76 Real estate investors will often buy or sell several properties at once, and whether that transaction is numerous single-family homes or a number of hotel properties, having one company to handle the entirety of the title work can streamline the process for all involved, from real estate agents to mortgage originators. Although many in the real estate industry may think of the work of a title company as focused on a single property at a time, bulk transactions are a niche market that's important not to overlook. When investors need to move large portfolios of property, a single point of contact and single close can ease the process, particularly if the properties span numerous states. When partnering with title companies, those working with real estate investors should seek out companies experienced with and capable of closing bulk title transactions across the country. WHAT IS A BULK TITLE TRANSACTION? Simply put, a bulk title transaction is just what it sounds like: the sale or purchase of a number of properties, grouped together into one bulk transaction that delivers title work for each property, regardless of location. ese can be found in both commercial and residential properties, and can range from a handful of properties to as many as 500. Often, bulk transactions are across multiple states which, given state law differences, complicates closing, insurance coverage, and pricing. e process is further complicated by differences in recording costs and taxes at the city/county level. By doing the transactions in bulk, investors get several benefits, including having a single point of contact as well as the potential for a single closing. By using one title company, the transaction can be streamlined, saving time and money by consolidating title work by jurisdiction and using a single point of contact to keep communication flowing openly and without the confusion of involving multiple parties. Often these transactions may involve default situations, not only making quality title research even more critical, but also involving servicers that will benefit from consolidating the transactions into a single closing. Some investors or servicers may even engage a title company to complete title research without a specific transaction in mind to gather pertinent data on a particular portfolio of properties. PARTNERING WITH THE RIGHT TITLE COMPANY Choosing a title company to partner with will involve some research for anyone working in the real estate industry. ere are many factors to consider to ensure the customer is getting the best fit for their needs. When working with investors who will move several properties at once, it's important to consider a title company that can handle such transactions and the various factors that will affect the transactions, as well as one that will best ensure customer satisfaction. First, consider whether you're working SOME THINGS ARE BETTER IN BULK Bulk title transactions can streamline sales and purchases for investors. Quick Take By: Tom Huddleston

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