Compared to residential transactions, the commercial real estate closing process often presents several complexities and challenges. To help eXp Commercial agents navigate transactions efficiently and smoothly, the eXp Partners program has partnered with Vylla Title to offer a full suite of commercial title insurance and settlement products nationally.
eXp Commercial real estate professionals have access to the following through Vylla Title:
- Customized Technology: eXp Commercial agents can stay connected and view the status of their order through Vylla Title’s technology platform, which sends notifications as files move across the closing checklist.
- Dedicated Experts: Vylla Title offers centralized, multi-state operations and a dedicated, single point of contact for eXp Commercial transactions, including purchase, 1031 exchange, default and bulk sale. Vylla Title also provides eXp agents with complimentary farm reports, property profiles, net sheets, fee quotes, rent vs. buy comparisons and preliminary title reports.
- Financial Benefits: Multiple large-scale bank integrations allow for quick disbursement after a transaction closes. Vylla Title can also facilitate 1031 and tax-deferred exchanges safely and securely.
- Underwriter Flexibility: Vylla Title’s partnerships with the largest title insurance underwriters in the nation provide coverage and flexibility on price and product.
Through January 31, 2022, Vylla Title is offering eXp Commercial agents a 50% discount on all commercial closing settlement fees. To submit an order, eXp agents can reach out on Workplace, place an order on their landing page at www.vyllatitle.com/exp, or send an email to firstname.lastname@example.org with an executed purchase contract. Vylla Title representatives are also available in the eXp World Partner Hub from 6 a.m. PT to 3 p.m. PT Monday through Friday.
>Learn about eXp Commercial’s value proposition
James Davis, an eXp Commercial broker in Texas, said Vylla Title has simplified the commercial closing process.
“I want to give a big shout out to Vylla Title,” Davis said. “They worked on two of my transactions recently, and they have done a great job with customer service. I felt a clear advantage with their nationwide coverage in making sure my earnest money was safe, as one of the properties was out of state in Louisiana and I live in Texas. This is a great deal for them, as well as me and my partners.”
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