Title insurance provides protection against loss to any title if the claim is covered under the given policy. For example, if you buy a house and after a certain time period there is a dispute regarding the title of the house, then you would be duly compensated if you have a title insurance regarding the same. That is where the role of title insurance agency comes into picture. This is widely practiced in the US.
The duties of a real estate manager are extensive and may overlap that of real estate agents. A real estate manager is responsible for operations, leasing as well as all areas related to property transactions. Whereas a real estate agent is a middleman or an intermediary between the seller and the buyer. He rents, sells or buys property for his clients. Higher the economic growth of a country, the higher is the demand for real estate managers. The job description for a real estate manager includes planning, directing or ordinate selling, buying, leasing or governance activities of commercial, industrial or residential real estate properties. A real estate manager should be a good listener as well as an effective speaker. He should be able to manage his personnel and financial resources efficiently. Time management and negotiation skills are very important for a real estate agent.
A bachelor's degree in real estate, business administration, finance or accounting is a must for a real estate manger. An master's degree or an additional knowledge of property management, tenant relations, real estate law is an added advantage. A real estate agent should have a have a high school degree and some vocational training. The yearly pay scale for managers ranges between $68k to $108 along with attractive bonuses which is much higher than the pay scale of agents which ranges between $27400 to $63400.
