I am a title insurance agent, but not in Kentucky. However, I think KY procedures are similar. Biggest problem I see is buyers and sellers getting screwed, paying literally THOUSANDS of dollars more than they should.
Remember, that you (buyers and sellers) can shop around for the best price when choosing a title company for your settlement services. You DO NOT have to go with the title company that your realtor or bank wants. You can shop around. Too many people just leave it up to the bank, and the bank just goes with who they are buddies with, not who might do the best work for the dollar.
I know this will probably be something your buyers deal with more than you will, but on occasion the sellers have a say in it as well.
Now, when you BUY, (I'm assuming you will buy, since you're selling), it will be even more important to hand-pick your title co., and lender, that way you won't be paying for a "$3,000 origination fee" or something ridiculous like that.
Luckily for us my wife works as a loan processor and knows all kinds of title agents. Our lender is who we bank with and we are all set. I am going to defiantly keep all the happenings in mind for the sellers of the house we are buying during the home inspection. I am not out to screw or get screwed.