EP109: Empowering Buyers and Investors through the Assurance of Title Insurance - Dorian Lam

In this episode, you will be able to

• Explore how Dorian made the transition into becoming the owner of a title insurance company.
• Comprehend the functions and significance of title companies.
• Reflect on the importance of prioritizing one's future health and well-being.
• Gain insights into the potential consequences of not having title insurance.

Key Moments in the episode are:

• 02:30 Personal journey from consultant to real estate investor.
• 10:11 Cornerstone: Focused on closing transactions effectively.
• 13:15 Valuing client experience is key in transactions.
• 21:21 Company partnership and problem solving with connections.
• 24:22 Title insurance: solving ownership gaps, unique coverage.
• 28:53 Limited knowledge hinders insurance coverage accuracy.
• 34:30 Importance of understanding and choosing title provider.
• 37:26 5% insured transactions; risk in commercial deals.
• 43:07 Title insurance protects against ownership transfer issues.
• 55:22 Real estate investment expertise and opportunities discussed.

About Dorian

Dorian Lam is the Principal and EVP of Cornerstone Land Abstract, a boutique title insurance company in the heart of New York City. With over $10 billion in successfully closed transactions, Dorian has held a seat at some of the most iconic real estate deal tables, which has allowed him to sharpen his keen analytical and problem-solving abilities.

As a true “Defender of the Deal” and award-winning community leader who served as the President of the Asian Real Estate Association of America, Dorian is also the creator of The Cornerstone Report, the ultimate title risk assessment resource, which identifies potential property risks, that could lead to the prevention or costly delay of closings. He extends his commitment to the industry by partnering with law firms, financial institutions, family offices, developers, and community leaders, to share educational resources with industry professionals and community members alike. In 2022, Dorian launched his “Defender of the Deal” white paper that demystifies the importance of title insurance in commercial real estate transactions.

Dorian is also passionate about promoting physical and mental wellness in the real estate industry, and is the Founder of the Real Estate Warriors, a networking coalition for individuals who believe in “mindfulness and sweat equity”.

Dorian is also an active real estate investor and helps advise on capital fundraising resources and opportunities in the industry.

Connect with Dorian

• Website: https://cornerstonelandabstract.com/
• Website: https://www.defenderofthedeal.com/
• Instagram and Linkedin: @DorianLam

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Sponsors

Bangerter Financial Services, Inc

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Sponsor Disclosure:

Securities offered through Concorde Investment Services, LLC, member FINRA/SIPC. Bangerter Financial is independent of Concorde. This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Investments in real estate may be speculative, illiquid, and carry a high degree of risk – including the potential loss of the entire investment. Please consult the appropriate professional regarding your individual circumstance.