Who picks the title company?
Traditionally the seller is providing a title insurance policy for the buyer, so the seller will pick the title company (they’re paying, after all). What this usually means is that the seller’s real estate agent will pick the title company. As a matter of convenience, then, the buyer would use the same company to issue the title policy for the lender. There is some value in tradition, but we believe that there’s also value in looking out for yourself. Often the seller’s agent will select a company based on factors other than the seller’s best interest, so it might well be beneficial for the seller to check out pricing and services and direct their agent where the titlework should be placed. Similarly, the seller’s title company may provide a great deal for the seller by charging the buyer significantly higher fees. There is no requirement that the buyer use the seller’s company (there’s a federal law that prohibits the seller from requiring it), and it often is in the buyer’s interest
