
From Wire Fraud to 1031s: How Title Companies Secure Your Deals, with John Duckworth, co-founder and Managing Partner of True Title, LLC
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About this listen
John Duckworth, co-founder and Managing Partner of True Title, shares his journey from running a fireworks stand as a teenager to building the largest locally owned title company in St. Louis. With over 20 years of experience, John has grown True Title to 17 branches across Missouri, Illinois, and Colorado while earning recognition for innovation and client-focused service. His entrepreneurial background, combined with hands-on real estate investing, shaped his unique perspective on risk management and customer experience in the title industry.
In this episode, John discusses the critical role title companies play in real estate transactions, from issuing title insurance to acting as a trusted escrow agent. He highlights the growing threat of wire fraud, the importance of communication in client service, and why profit-sharing and local ownership are key to company culture and growth. John also breaks down construction disbursements, 1031 exchanges, and the impact of technology on scaling operations. Listeners will gain practical tips to protect their investments and insights into what truly differentiates a great title company.
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Connect with the Guest
https://www.linkedin.com/in/johnduckworth/
https://truetitle.com
Timestamps for Key Segments
00:00 Real estate transactions and wire fraud risks
02:12 Introduction to John Duckworth and True Title
03:17 John’s childhood and entrepreneurial family background
05:24 Running a fireworks stand through college
06:42 Early real estate investing and buying a trailer park
09:06 Entering the title industry and early lessons
11:56 Founding True Title after the Great Recession
13:50 Growing to 17 branches and scaling operations
14:08 What title agencies do: insurance and escrow explained
17:54 Differences in property law between states
19:09 Escrow as a neutral third party
20:24 Who engages a title company in transactions
21:30 Challenging commercial deals and title claims
23:48 Construction disbursements and protecting contractors
25:10 1031 exchanges and tax deferral strategies
28:24 Managing operations and KPIs across 17 offices
30:50 Building culture, core values, and profit sharing
34:16 Importance of local ownership vs. national firms
36:15 How technology enables growth and security
38:24 Tips to avoid fraud and protect clients
41:06 What happens when wire fraud occurs
43:41 Deepfake scams and financial crime risks
44:23 What to look for in title reports and exceptions
46:47 Easements, mineral rights, and water rights explained
49:02 What differentiates a good title company
51:05 Staffing structure across different offices
52:53 Future plans for True Title and expansion strategy
55:11 John’s greatest piece of advice
This podcast is brought to you by Storyboard Living.
If you're looking to sell us a 40+ unit multifamily property in the St. Louis region, or another part of MO/IL, please email deals@storyboardliving.com
Connect with us at our Website: https://storyboardliving.com/
LinkedIn profile: https://www.linkedin.com/company/storyboard-living/
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