Nationwide Title Clearing, Inc. Has the Style to Emulate

If any company or business is looking for an organization to emulate, it would be Nationwide Title Clearing, Inc. The company began its journey in 1991 as a small, regional title and documents company and today it is one of the largest in the world in its field. It handles the sourcing of documents found in all of the jurisdictions and counties in the United States, which amounts to over 3,600 places to look.


The keys to the success of document companies are to be able to deliver to the customer the required documents accurately and at great speed. Nationwide has a compliance rate of 99.89% and a failure rate of only .78%, meaning that they are nearly 100% on both counts.


Considering the sheer volume of documents that the company processes, this is an incredible statistic. Eight out of the top ten retail mortgage and lending businesses have chosen Nationwide as their primary sources for their documents. These companies include some of the largest mortgage and lending companies in the world.


Employees are given lots of credit for the robust statistics at Nationwide. From the beginning of their employment, they go through a very intensive training for about three weeks and then are continually supervised closely until they master their job.


There are also about 150 additional training modules available at the discretion of the employees which are used for additional training and skills. Many of these modules are instrumental in various paths to advancement and employees are given time to pursue these options. Up to 70% of the workforce is involved in the extra training at any given time.


Success does not usually happen by accident, especially with large companies. Nationwide is experiencing rapid growth largely due to more retail mortgage companies recognizing the skill and results exhibited in the past. The company has grown over 700% since 2008, for example, and continues its trend year by year. These kinds of results happen for a reason.


John Hillman, CEO of Nationwide made an industry-wide podcast recently where he talked about results in the industry and what has to be done to achieve them. Compliance is a much-discussed topic in the industry, yet it always seems to be a problem in some circles. Hillman went on to say that if you want good compliance, you must train for it and let employees know what is expected. Then a high level of monitoring must also be in place to measure results and communicate to employees. You keep the score, and the score will improve.


Proposed Projects for the New York City’s Real Estate Industry

Most of the New York City’s major real estate developments that were officially proposed in June were huge office projects with the Tishman Speyer’s approximately 1million-square-foot project being the biggest. The Speyer’s project will be carried out in Long Island City. Thor Equities’ nearly 645,103-square foot project is the second biggest. Three of the 10 proposed projects are residential buildings; the sixth one is a hotel, while the rest are office buildings based in Queens and Brooklyn.

Queens Plaza project

The project will consist of two towers of 27 stories containing an office space of 900,509 square feet and 27, 569 square feet manufacturing center. Tishman Speyer will develop the project. The project is located near two Gotham Center, which was developed by Speyer.

Thor Equities’ residential project

Thor Equities will convert the Revere Sugar Refinery into a 645,103 square feet residential building. The building will be located in Brooklyn’s Richards Street.

Steiner NYC’s project

The real estate development firm, Steiner NYC, led by Doug Steiner will construct a building of 249,489-square-foot. Approximately 126,000 square feet is for industrial use while 74,000 will house a supermarket.

OTL Enterprises and Delshah capital office project

These two developers plan to construct a 150,431 square-foot office building in the Downtown Brooklyn area.

Omni New York’s residential rental project (Bronx’s area)
Omni New York is a real estate development firm owned by Eugene Schneur and Mo Vaughn. The developer plans to build 148,318 square feet residential building.

NYCHA’s Office building project

NYCHA is planning to build a 122,955 office building in the Manhattan area.

Other projects include a 31-story hotel in Midtown, Manhattan by Hidrock Realty, an office building of size 77,228 square-feet in Flushing, Queens, and 14-story retail and office building located in Manhattan’s Green Village. The 10th project is a 57,996-square-foot building in the Manhattan’s Midtown area.

Town Residential

Town Residential is a leading NYC real estate company established in 2010 by Andrew Heiberger, who serves as Co-chairman and CEO. In less than a decade, Town Residential has established itself has the major provider of unique real estate services. It specializes in the sale of luxury residential property, leasing, and marketing.

The company has received several awards in the real estate sector. The firm is a partnership of Thor Equities, LLC and Residential Brokerage LLC. A team of highly experienced real estate veterans leads Town Residential.