We recently caught up with Ohio Real Title President, Ryan Marrie, for a look back at 2020 and a glimpse at what’s to come in 2021.
We’ve talked a lot about 2020, but can you sum up the year for Ohio Real Title in just one or two sentences?
It has been a year of extremes and challenges that we never could have imagined, as is the case I imagine for the majority of people everywhere. The highs and lows have been extreme, but through it all, it has been our most successful year in our 15 years of existence. It really is unbelievable to see where we are at despite everything that we have been dealing with, personally and within our offices and our teams. Let’s just hope we never have to go through anything like this again.
Any growth statistics for the company that you are particularly proud of, given the challenges and uncertainties of the year?
Looking at the year, we are up 10% compared to last year in overall orders, closings, and revenue. And each of our nine offices will have had the most successful year that they have ever had. I expected this a year ago, but if you would have asked me for an outlook in March, I never would have thought this would be the case at the end of the year. The momentum heading into 2021 is unbelievable.
We know that the real estate market remains extremely strong right now, but what do you expect for the first quarter of 2021?
I expect 2021 as a whole to be an unbelievably successful year. The first quarter will still have a ton of challenges, but real estate has been a driver since the start of the pandemic and will continue to be a driver moving forward.
Despite challenges this year, we are at record numbers and I expect that to continue in the first quarter of next year. Beyond the first quarter, I think it will accelerate even more. While we typically do not look to expand our team until later in the first quarter, because things are so strong right now we are looking to start hiring immediately to be prepared for when things really explode in the spring and summer.
What do you see coming in 2021 specifically for Ohio Real Title?
I expect continued record-growth and production. Each year we typically grow by about 10%. A year from now I expect us to be 10-20% larger than we are now even without going into any new markets.
Do you have plans for growing the company in 2021?
While we are always open to opportunities that may present themselves, our focus for the coming year is to continue growing our existing nine offices.
What’s your year-end message to the Ohio Real Title team?
A giant “thank you” for all that they have worked through since March. It has been a year of unprecedented challenges and lots of unknowns, but everybody took great care of each other and our clients. And we see the results of that in how strong things are right now and how strong they look for next year. I just encourage our team to continue taking good care of one another and hopefully, we are through this soon and able to continue to plow forward.
This has been a year of trying to manage day-to-day and week-to-week and I think we have done an amazing job of it. Real estate is going to be a driver for years to come and it will be fun to see the growth and opportunities that come.