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Family Business Grows to Become National Player

Aaron Davis started in the title business from the ground up literally. At age nine, he was pulling staples out of the carpet at Hillsborough Title, his mother’s title agency.

Thirty years later, he’s running one of the nation’s largest independent title agencies with 200 employees, five in-house attorneys, new headquarters under construction in Plant City, and revenues nearing $20 million.

Read the full article here: Florida Member Spotlight

Hillsborough Title President Aaron Davis featured in Fox News story on National Flood

Zone VP, Aaron Davis on Fox News Tampa Bay

Today, Aaron Davis, FLTA’s Zone 4 Vice President was featured on Fox News Tampa Bay discussing the May 31 expiration of the National Flood Insurance Program and FLTA and ALTA’s efforts to have the program extended. 
 
Here’s a link to the Story
 
As some of you are aware, both FLTA and ALTA have been monitoring this issue closely.   The National Flood Insurance Program (NFIP) has lapsed eleven times since Sept. 30, 2008.  (12 counting this week)   Each lapse has delayed thousands of closings and caused considerable uncertainty for buyers, sellers and lenders. These disruptions cost title and escrow businesses’, lenders’, and consumers’ time, money and unnecessary worry.
 
What is less widely known, is that earlier this month, FLTA sent a delegation of 10 of our members to Washington DC to join the ALTA team in visiting legislators to express our concern that the NFIP might lapse again.  
 
We expect another short-term extension of the program.  Months ago, the House of Representatives passed a five year extension of the NFIP by a bi-partisan majority; the Senate declined to vote on the long term extension.  Two weeks ago, seeing no action on the Senate side and knowing the deadline was fast approaching, the House approved a 30 day extension of the program.   Last week, the Senate approved a 60 day extension.   
 
We are in a position where the bills from both sides must be reconciled, voted on and sent to the President for signature.   We are cautiously optimistic that this will be completed before May 31 so that there is not another lapse in the program.
 
Our thanks to Aaron for carrying this important message (albeit in a highly edited form) to the public.  
 
FLTA blog post by Alan Fields

Is there such a thing as “self-certification?” (Podcast with Aaron Davis, CEO of Florida Agency Network)

UHeardMe logo

Rob chats with Aaron Davis, fast-moving CEO of the growing Florida Agency Network. On tap is the ongoing conversation about certification–will ALTA Best Practices be enough? Can agents afford to pursue SOC I certification? Can they afford not to? Aaron also shares his thoughts on protecting NPI, “self-certification” and the future of the small agent.

Listen to the conversation now!

Plant City business investing $5.1 million in expansion

PLANT CITY — Florida Agency Network, the state’s largest independent title company, is expanding here because of increased efforts to grow the local economy.

“We were potentially looking at moving the center of our operations to a more central location, either in downtown Tampa or Sabal Park” until economic development activities really began to increase here, said CEO Aaron Davis.

Instead of moving from Plant City, Davis decided to expand. “I decided to purchase our office park and the vacant lots adjacent to it and develop an additional 12,000 square feet.

Florida Agency Network is investing $5.1 million in its expansion and will use about 70 percent of the space created.

The expansion announcement took place Monday afternoon during the first official meeting of the Plant City Economic Development Corp. The new EDC will depend mostly on private investment from local companies. It is gearing up with 32 full board members and 12 general members and a budget of nearly $400,000 in start-up cash, including $175,000 from Plant City government. Its intent is to draw new business to the I-4 Corridor and beyond and to enable existing companies to expand in the Plant City region.

The company’s physical expansion at the Alexander Oaks office park, Davis said, will result in 50,000 square feet of office space in seven buildings with green space, a walking track for employees, outdoor relaxation areas and collaborative work space.

The expanded office park will also include a cafeteria, break areas, LCD screens and more. “We’re really paying attention to some of the businesses like USAA” which are focusing on building a “cool” work place that will attract every kind of employee, including millennials, he said.

Florida Agency Network has 30 locations across the state and its multiple brands include Hillsborough Title, Trident Title, Tampa Bay Title, HomePlus Title and BPM Solutions. “It’s very IT heavy, very process heavy,” Davis said. “Today’s workforce wants to come to work in jeans and comfy clothes and have their iPods going and do their work and have a nice place to take a break.” That is what the new expansion will include, he said.

Davis said he hopes to start construction in the first quarter of 2016. He’ll be hiring employees for multiple positions. “We’re not only a title company, but also an IT company and also do accounting, financial services, title ancillary services and lien searches.”

Davis said he plans to add about 100 additional staff in the next three to five years.

“We are excited to retain and assist Aaron’s company in their tremendous growth,” said Plant City Mayor Rick Lott. “Our homegrown businesses making a choice to stay and invest here is a sure sign of more great things to come.”

J.P. DuBuque, interim president and CEO of the Tampa Hillsborough Economic Development Corp. called Davis’s expansion “a major win for Plant City and all of Hillsborough County. We are committed to working in partnership with the newly formed Plant City Economic Development Corp. to provide the permitting, workforce training and other business assistance services that help companies like Florida Agency Network thrive here by staying focused on their core business.”

Randy Larson, who is serving as the board chairman for the new Plant City EDC, said he looks forward to Florida Agency Network’s continued growth. “The world is waking up to the exceptional opportunities Plant City affords to grow a company, raise a family and take advantage of an excellent location that is convenient to all of Central Florida, Port Tampa Bay, Tampa International Airport and major interstates,” Larson said.

Rotary Club Efforts Help Save a Life

Photo by DAVE NICHOLSON
Former Rotary Club President Aaron Davis takes a turn at the microphone as the club turns over the last of the 50 automated external defibrillators that the Rotary donated to the police department. Police Chief Ed Duncan, left, Capt. Dave Millich and Rotary Club President Brian Griffin look on. for DAVE NICHOLSON

 

A few years ago, Aaron M. Davis, Florida Agency Network CEO and former Plant City Rotary Club President, had a goal of equipping each patrol car in the Plant City Police Department with Automated External Defibrillators (AED) in an effort to assist in medical emergencies. This goal was completed last year, and the effort is paying off.

Last week, the PC Rotary Club was informed that one of the AEDs installed in a patrol car aided in saving the life of a 46 year-old man who had gone into cardiac arrest. According to Captain Rodriguez of Plant City Fire Rescue, the PCPD Officers were able to provide “exceptional care to the patient utilizing their AED and hands on cardiopulmonary resuscitation.” The PCPD Officers on the scene provided the patient with shocks in order to stabilize him until the Plant City Fire Rescue were able to get to the scene.

Since delivering the first units in 2013, the Rotary has donated a total of 47 units, which have been used at least 5 times now.

“I am so thankful to everyone who helped the Rotary achieve this goal. I hope the AED units continue to assist more PCPD Officers in saving the lives of those in this great community,” said Davis.