As a title insurance agent, there are many different types and brands of title insurance rate calculators out there that you can choose from depending on what’s best for your market.
For instance, you can purchase an off-the-shelf branded title insurance rate calculator like Net Sheet Calc for your real estate agents and marketing representatives to use, or if you are just using the calculator internally among your staff your underwriter may provide one as well.
Here are some details behind one of the most popular title insurance calculators on the market today – First American’s Title Rate Calculator.
First American’s Title Insurance Calculator: PRISM
Historically, First American has had one of the most popular title rate calculators out there largely due to being one of the most common title insurance underwriters out there.
Other competing title insurance rate calculators hosted by underwriters include Fidelity National Title Insurance Company, Old Republic Title, Stewart Title, WFG National Title, and Fidelity’s subsidiaries such as Commonwealth Title, Lawyers Title, and Chicago Title.
However, in 2021 First American launched PRISM, the first underwriter-specific calculator that also allows custom branding for their agents.
Unlike most other underwriter closing cost calculators, First American’s PRISM is not free of charge but offers robust Seller Net Sheets, Buyer Estimates, and Refinance quotes delivered directly to your customers’ desktops and mobile devices.
Features include:
- Your agency settlement and closing fees
- Your logo, contact information, and company branding
- Local recording fees and transfer taxes
One big noticeable difference is that First American’s title insurance rate calculator looks great. In fact, the user interface is on par with some of the most popular title rate calculators on the market today. However, as far as we know you do have to be a First American title insurance agent for this solution to be a fit.
Pricing
As mentioned previously, unlike other underwriter-specific title insurance rate calculators, First American’s PRISM doesn’t come free of additional charge if you are a First American title insurance agent. That said, it also has more features such as custom branding.
According to their website, PRISM starts at $150 per brand, per month and goes up to $279 and beyond for custom or bulk pricing.
If you are not a First American title agent or the First American title quote calculator isn’t right for you, you should consider Net Sheet Calc by TitleTap. Net Sheet offers a few unique features to differentiate your title company or real estate law firm from other title agents in your market.
For instance, Net Sheet Calc allows you to customize the action buttons to go directly to your order entry or accept earnest money deposits.
In addition, Net Sheet includes 6 different calculators in one solution and is the only title insurance calculator to offer side-by-side scenario estimates – a great benefit in a multi-offer real estate market.
Watch an instant demo to see if Net Sheet is the right title quote app for your real estate market!