Happy Endings
By Annie Peroutka
Buying
real estate doesn’t
have to be stress-ful, especially if Tracey Fye is searching and
insuring the titles for you. As the president of Troese Freestate
Title Services, Fye helps clients through the final step of buying
real estate. “It can be a very stressful thing for people
to go through. By the time they get to me, they’ve been
through a whole realm of chaos, from going through financing and
contracts and all the little things that can happen in a real
estate transaction,” says Fye. “We just try to make
it as easy, smooth and enjoyable as possible.”
Located
at 2450 Riva Road in Parole, Troese Freestate Title Services helps
clients with commercial transactions, refinancing, buying and
selling of homes, and more. Fye admits, “I kind of fell
into this 18 years ago.”
Born in Montgomery County, Fye moved to Anne Arundel County when
she was six years old. Later, as a student at Towson State, she
majored in finance, with a minor in accounting. Fye was stumped,
however, about what she wanted to do beyond graduation. “I
liked finance—that intrigued me. But, I had no idea what
I was going to do in the real world.” After trying her hand
at a couple of small accounting jobs, Fye saw the advertisement
in the newspaper that would shape her life.
Fye recalls, “It basically said, ‘Like finance? Like
people? Apply.’” Fye jumped at the opportunity and
began working at Troese Freestate Title Services in 1987. From
the start, Fye knew that she had found her niche. “I started
by processing and reviewing titles and progressed to doing settlements,”
says Fye. “It intrigued me how the whole process worked.”
Eventually, owner Stephen Troese offered Fye a partnership in
the business.
Now, as president of Troese Freestate Title Services, Fye spends
her time managing the Annapolis office and staff. With her outgoing
personality, Fye enjoys her interactions with clients the most.
She says, “The majority of my time is spent doing the actual
closings themselves. It’s what I enjoy. I like helping people.”
Fye never gets tired of her job because it changes on a daily
basis. “I continue to learn every day because there’s
something that’s different about [every transaction,]”
says Fye.
While Fye runs the Annapolis location, the company also has offices
in Bowie, Ellicott City, Greenbelt, Rockville, Chester, Camp Springs,
Ft. Washington and Oakland. “We would love to keep expanding,
but right now I’m just concentrating on this office,”
says Fye. She describes real estate lawyer Troese as her mentor.
“He knows real estate, and he knows people. He’s a
very good business man,” says Fye. Troese, along with Fye,
share the philosophy that you’re only as good as the people
around you. As a result, the pair shares a genuine respect for
their small Annapolis staff and recently took them on a trip to
the Bahamas.
Although Fye’s clientele is largely based in the Annapolis
and Anne Arundel County area, she has traveled throughout Maryland
by request. “I have a client whom I’ve done five or
six closings for, and he doesn’t want to go anywhere else.
He said, ‘Tracey, I’m buying this house in Garrett
County. I know it’s a lot to ask, but can you come up there
and do it?’ So, I am,” says Fye.
Fye spends her down time with her husband and two sons. When she’s
not watching her children play on the soccer fields, Fye can usually
be found close to the water. “I just love to be outdoors,”
adds Fye, a resident of Arnold. “I’ve lived on the
water all of my life. I grew up spending time on the Severn River,
boating, fishing, crabbing. Now, we’re on the Magothy, and
that’s what we live for.”
At the end of the day, Fye is grateful that she can help people,
especially since Troese Freestate Title Services aids in the last
step of the real estate process. “We’re definitely
the one that pulls it all together. Clients have gone to a realtor
and written a contract and negotiated with a seller to buy it,
and they either got financing or possibly have the cash to pay
for it,” says Fye. “You go through all that paperwork
and you have to finally come together somewhere—that’s
what we do.” Fye wouldn’t have it any other way.
Annie Peroutka, a recent graduate of Loyola College in Maryland, lives in Annapolis
and works as a full-time writer.
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