Does this guy look familiar? He should, he is Britt Fair, former President of Hexter-Fair/First American Title Company, once a family title business with deep roots in Texas founded by the Hexter family in 1916 and bought by Britt’s grandfather Bill Fair in 1968. California-based First American Title Insurance Co. bought Hexter-Fair in January of 2012, along with all 21 Dallas Fort Worth-area offices. Hexter-Fair owner and CEO David Fair, Britt’s father, ran the company as chairman, then this guy took over.
In November, it didn’t surprise me to learn that Britt, a graduate of Highland Park High School who holds an undergraduate degree from Princeton as well as an MBA in accounting and finance from the University of Texas at Arlington, was striking out on his own to create Fair Texas Title.
Britt’s detailed and keen analysis of the North Texas real estate market has long captured local Realtors, and he and his father are probably the most-quoted real estate experts in North Texas. Here it is, one month from taking his license live, and three Fair Title Texas offices are open, staffed, and doing business the old-fashioned way, with a caring, personal feel, exclusive focus on North Texas, and the best possible service.
The family legacy continues…
CandysDirt.com: How has the launch gone for Fair Texas Title?
Britt Fair: The launch has gone really well – we feel very blessed. It’s a long process to get licensed with the state to open a title company, but we received our license as a New Year’s present and so we are now open for business. We have opened three offices so far: one in Preston Center, another in Southlake, and a third in Plano. The reaction from prospective clients in the market has been outstanding, and we have already landed some amazing title professionals and are poised to add a bunch more.
CD: Why did you leave Hexter-Fair/First American to launch Fair Texas Title?
BF: Well, in a nutshell, I kept hearing from clients and from employees how much they missed the locally-owned and locally-managed feel of “old Hexter-Fair.” And frankly, I missed it, too. So I figured that there was no better time than the present to recapture that feel.
CD: Oh my, there are so many title companies out there. How will your title company differentiate itself?
BF: We have a singular goal of being the best title company in DFW, for both our clients and our employees. That’s it. We don’t want to try to be the biggest title company in the nation, or even the biggest in Texas, which many title companies seem preoccupied with. And we are not owned by a bank, brokerage, or builder, so we don’t have the apparent conflicts of interest that numerous other title companies have. Our plan is to be the employer of choice for the most talented title professionals in DFW, attracting and retaining employees who are the best of the best – they will in turn provide “the Next Generation of Personal Title Service.”
CD: Are you going to focus on residential or commercial transactions?
BF: We will handle both commercial and residential transactions, whatever our local DFW client base needs. We would love to have a 50/50 mix, though the exact mix will be determined by our personnel and their client base.
CD: Is your father David (God I love that man!) involved in Fair Texas Title?
BF: No, my dad is retired and doesn’t plan on getting back into the title business. But I’m sure I will count on him for fatherly advice from time to time. He is such a wealth of knowledge and has been such a legend in our industry – I would be stupid not to!
CD: How can people find Fair Texas Title?
BF: Well, our website is www.FairTexasTitle.com, our main phone number is 817-888-8831, and you can also find us on Facebook. And as I learned from my dad, you can always contact me directly – the easiest way is by email at BFair@FairTexasTitle.com.