bom dia! buenos dias! bungiorno! - relocation-today.com · bom dia! buenos dias! bungiorno!...
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Bom Dia! Buenos Dias!Bungiorno!Ohayogozaimasu!Gutten Morgen!Bonjour!Good Morning!
Berlitz Corporation –Language, Cultural and
Testing Services
Marcelo Almeida, Strategic Account Executive
Industry Trends
• Blended/Hybrid Learning- combines live training (face-to-face or virtual) teaching with online lessons (live or self-study).
• Gamification (latest materials are modularized and unit-based: review opportunities and end-of-course testing solutions).
• Mobile First (digital, accessible online, downloadable, apps)
Alternative household goods solutions for every need and budget
Industry Trends
Challenge with Managing the budget while fulfilling talent acquisition goals
• Effective January 1, 2018 repeal of the moving expense deduction
• Manpower Group Surveyed 39,195 employers in 43 countries and territories, 45% are challenged with filling open jobs
• SML’s survey, “The State of Employee Relocation” – 61.5% of the respondents feel pressure to find new ways to save transferee and their companies money
• Containers, ‘Crate & Freight, and other self-move options create growing need for labor help
U.S. Bank Home MortgageMortgage Industry Update
Shannon Edmiston
U.S. Bank - Corporate Relocation & Employee Programs
Industry Trends
• Summer relocation activity
• Current market challenges
• Technology in our industry
Stewart Title Relocation ServicesKelli R. Warren, CRP, GMSVice President [email protected]/relocation
Industry Trends
• Digital transformation in the real estate industry
• Lenders move toward digital mortgage fulfillment
• Consumers expect convenience and digital processes
• The industry is shifting
• Electronic signatures
• Electronic notarization
• Remote online notarization
• Stewart can offer all of the following:
• Electronic signatures on initial packages using DocuSign or similar platforms
• Hybrid, full and online eClosings using remote online notarization (RON)*
• 11 states now offer RON, more states to offer in 2018 and 2019
• Stewart works with Notarize and NotaryCam to perform online eClosings
• Streamlined, smooth closing process that benefits the lender, real estate agent, end consumer
• Benefits relocation professionals by offering a faster, easier closing and more celebratory experience for your customers
*Offered where available per state and county laws.
Trends in Relocation Home Inspections
Recurring items that you should be aware of
Industry Trends
Fidelity National Financial, Inc., (NYSE:FNF), currently ranked 302 on the Fortune 500, is a leading provider of title insurance and transaction services to the real estate and mortgage industries. Through its various title insurance underwriters, FNF is the largest title insurance company in the United States.
Fidelity National Title Group (FNTG), a division of FNF, acts as the holding company for various FNF divisions, including the title insurance underwriting brands, provides title insurance and escrow services. FNTG’s title insurance underwriters collectively issue more title insurance policies than any other title company with an overall market share of almost 34% and claims reserves of $1.5 billion.
Fidelity Residential Solutions, Inc. (FRS), a division of FNTG, is the dedicated relocation services provider offering real estate support services for home disposition and home purchase transactions. FRS handles title, equity, closing and payment management services. Through its divisions, FRS also handles additional property services to include appraisals, broker and inventory management and home/specialty inspections.
Fidelity Inspection & Consulting Services, Inc. (FICS), the relocation home/specialty inspection division of FRS, proud of the many partnerships with Relocation Management Companies, such as Relocation Today, allowing us to maintain the largest market share in the relocation channel.
Industry Trends
ERC property Assessment Versus Buyers inspection.
• ERC Assessment - To provide a professional opinion of a relocating employee’s home in its “as is” condition, as of the date of assessment, limited to the definitions and guidelines as established in the assessment.
• “Limited” to components listed in ERC assessment.
• “As-Is” Condition Purchase• Maintenance & cosmetic issues are excluded.• Not a Code Inspection – outside scope• Pictures of Defective Item provided.• Summary Page with problem & solution are
defined.• If repair need is inconclusive, Further
Evaluation by Specialist is necessary – IE –Structural engineer, electrician, roofer.
• Buyer’s Home Inspection - A whole, house, detailed inspection performed for the purpose of finding all that is wrong with a house before a purchase (buyer beware) .
• Minimum Guidelines set.• Varying Reports across industry – no consistency• Report formats include Narrative, Checklist, Combination
Video, Verbal, Photos w/ Captions or not.• Unlimited Reporting Scope• Invasive inspection (removing components) • Speculative to Future Conditions – will it fail or break?• May Include Code Issues• Preventative maintenance concerns (cleaning, servicing)• Inspector Recommendations (what if scenario’s)• Upgrades to the property and Cosmetic issue notations.
• Increased trend in radon warranty orders vs. radon testing
• Analysis 2017 shows 79% RSP (radon warranty) vs. 21% radon testing
• Analysis YTD shows 84% RSP vs. 16% radon testing (5% increase)
• Benefits of RSP
• EE friendly - no testing inconvenience; no mitigation costs to EE
• Client value - reduced re-sale costs
Industry Trends
0%
20%
40%
60%
80%
100%
2017 2018
21% 16%
79% 84%
Radon Testing vs. RSP Program
Radon Testing RSP Program
Christine Martin
Vice President – Operations
Frank Wisniewski, Jr.
Director – Account Management
Larry Sontag
Vice President – National Account Management
Industry Trends