Lori DiTomaso

Lori DiTomaso

Manager, Real Estate Risk

Followers of Lori DiTomaso808 followers
location of Lori DiTomasoCleveland

Connect with Lori DiTomaso to Send Message

Connect

Connect with Lori DiTomaso to Send Message

Connect
  • Timeline

  • About me

    Vice President at Old Republic National Title Insurance Company

  • Education

    • University of Akron

      1982 - 1998
      Business, Transportion, Architectural Drafting, Real Estate, Appraisal
  • Experience

    • Sirva Relocation

      May 1998 - Aug 2007
      Manager, Real Estate Risk

      Lead team of 10 direct reports managing all activities revolving around $153+ million dollar national inventory portfolio of residential real estate.Analyze risk (cost) of exceptions to programs, eligibility requirements; offer approvals, options and/or pricing strategiesAnalyze margins, days on market, trends and bubbles, report presentations to senior managementReview and analyze corporate owned properties to determine lack of sale, strategize on ways to reduce costs.Lead daily activities reviewing pipeline of potential inventory properties to mitigate exposure in the operations environment. This includes analyzing market conditions, reviewing ERC’s, appraisals and inspections.On site counselor, transitioned & implemented major local tire makers’ relocation program. Later wrote and assisted in implementing new policy.Began career as Relocation Counselor counseling relocating employees on home sale, home purchase, mortgages and household goods movement, coached real estates agents, analyzed bpo’s, advised on marketing strategies Show less

    • Licensed Real Estate Agent and Broker

      Jan 1999 - now
      Licensed Real Estate Agent and Broker

      Specialized in distressed assets and investor portfolios.

    • Old Republic Title

      Aug 2007 - now

      Recruited to open new division of Old Republic National Title. Lead start up team of 11 with zero assets to team of 39 direct reports and 5200 plus assets achieving profitability in less than 6 mos.Responsible for staffing models and hiring, training, pipeline management, quality management and meeting revenue goals.Developed and mapped all best practices surrounding management and disposition of assets including deed recording and title curing, preservation, eviction and marketing, negotiations and sales contracts, expense reimbursement, auctions and P&L statements.Developed and implemented tracking, exceptions and revenue reporting for both team and management.Assisted in integration of many developing sister companies including developing processes, data integration Show less

      • Vice President, Specialized Commercial Services

        Dec 2019 - now
      • Assistant Vice President, Specialized Commercial Services

        Aug 2013 - Dec 2019
      • Manager, Specialized Commercial Services

        Apr 2009 - Aug 2013
      • REO Manager

        Aug 2007 - Apr 2009
  • Licenses & Certifications

    • State of Ohio Licensed Real Estate Broker

  • Volunteer Experience

    • Lock 3 volunteer team lead

      Issued by Downtown Akron Partnership on Jan 2008
      Downtown Akron PartnershipAssociated with Lori DiTomaso