Liberty Title hasn't wasted any time over the last year expanding into new markets and adding a couple dozen new employees.
The downtown Ann Arbor-based company entered into the Lansing area last summer. It also moved its Troy office to Birmingham and doubled it in size and relocated its Rochester office to a larger space. The company recently opened a new office in Novi, too. It all adds up 25 new hires, expanding the company's staff to 114 employees and one intern.
"We have been having a very good year as the housing market has been rebounding across the region," says Tom Richardson, general counsel for
Liberty Title.
That has allowed the company to increase its revenue by 16 percent over the last year. It's revenue is up 63 percent since 2011. Part of that is thanks to new construction starting to peak its head out of the woodchuck hole in the last year. Richardson also credits new regulations that are coming down the pike that should help bump up the business of medium-to-large title companies.
"We're going to be pretty busy," Richardson says.
Source: Tom Richardson, general counsel for Liberty Title
Writer: Jon Zemke
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