Liverpool business partners discuss recession

Two businessmen team up to open Eagle Title Services, Inc.

Several colleagues told local businessmen Robert Arnold and Fred Stevenson that they "were crazy to open up a title insurance company during the real estate recession."

At the time the business would be starting up, Arnold said companies were downsizing and work involving the local real estate market was "dried up." However, negative criticism and opinion did not stop Arnold and Stevenson.

Arnold used his 20 years of experience with title work and other real estate aspects to direct a new business venture.

The business partnership started to take shape in the spring of 2009 when Arnold met Stevenson in an interview for another business opportunity. Turns out, the two of them decided an equal partnership in a title company would suit them to their best benefit.

"It was good timing," Stevenson said. "Each of us was looking for the expertise of the other."

Both believed their specialty in the real estate field and perseverance would prevail, thus resulting in the opening of Eagle Title Services, Inc., in April 2009. The company is located at 181 Blackberry Road in Liverpool.

Stevenson used his 26-plus years of experience to focus on marketing Eagle to the industry professionals who "have trusted his dedication to top quality service."

Arnold said he now "manages a team of local professionals who are the best of the best in the industry."

Because of the rough economy, Arnold said companies dealing with real estate in general, laid off long-time employees to save money.

"Most other companies laid off highly experienced people," Arnold said. "You cannot produce a top quality product without a top quality team."

Right now, Eagle Title Services, Inc. employs three individuals in addition to Stevenson and Arnold. With time and a recovering real estate market, Arnold said the team would most likely grow.

Vote on this Story by clicking on the Icon


Use the comment form below to begin a discussion about this content.

Sign in to comment