As chief operations officer of Lincoln Title and Escrow, Ty Clark built his company to fill a gap in the market. Trust at the closing table requires education and communication, and very few buyers and sellers get that from a title company. It creates more work for the REALTOR®, answering questions and wrangling all the moving parts. But imagine the client experience when a title company removes that burden, answering every question in the first interaction, communicating each detail, and shopping the market to provide unrivaled pricing. Imagine the time saved if you could trust your title company like a business partner. That vision is the foundation of Lincoln Title and Escrow.
Ty's seen what real estate takes from all angles: he started his career working for a title company, then earned his real estate license to learn more about the industry. As a REALTOR®, he realized how valuable his experience in title was; his insight into financials and closing built trust and showed clients what was possible. Opening his own title company was a way to extend his knowledge to more people.
People are the priority, and Ty structures service simply and transparently to anticipate their needs. Lincoln Title uniquely offers a flat rate settlement fee of $475 on purchases and $500 on refinances, without all the extra fees you sometimes see. They even offer free remote closings, whether it's at your local coffee shop or the real estate agency. "An all-inclusive rate cuts down on questions for the real estate agent to have to answer," Ty says, "when it comes to closings, the agents already get enough questions."
Speed is also important in a market like Nashville, "there can't be this four to five day turnaround time on title searches," says Ty. Their underwriters average one to two days and can rush it in 24 hours. "If we get our search back in 24-48 hours, there's no reason why we can't close in a week," he says. They make sure they're on top of everything on their side, doing their due diligence to make it happen.
Lincoln Title has notaries in-house and keeps a list of remote closers on file, ready to close at your requested time and place. To streamline the process further, they use top-tier software and work in secured partnerships with vetted bank partners. "It cuts down on delays from wire cutoff times or minor mistakes that often get made," Ty explains. "It's really a trustworthy, comfortable feeling with us. We're here to help; we are teammates with everybody here and want to make sure we're always doing our part."
Impeccable communication starts from the ground up. Since Ty is always available to his clients 24/7, his team stays in the loop and is ready to assist. "Hard work, showing up, and being available" is the fuel they run on. "There's no excuse for not picking up a phone," he says, and it's that willing, extra touch that makes him shine.
Already growing in Middle Tennessee, Lincoln will expand to Knoxville next. Ty will solidify Tennessee's presence, then consider moving to other states as well. Ultimately, his goals are about being happy. "As I was growing up, people always asked me what I wanted to do when I got older. I see it as happiness. Obviously, you want to be successful and proud of what you've built, but that sense of pride feeds happiness. I want to be able to tell people that I'm happy, and I am! In that sense, I've already succeeded."