Tag Archives: title company

1st Class Real Estate and Expetitle Announce a Joint Venture to Provide Tech-enabled Closings Across The U.S.

MIAMI, Fla. /ScoopCloud/ -- Expetitle and 1st Class Real Estate are joining forces to create a national title partnership; offering a streamlined, remote home closing transaction to 1st Class' customers. 1st Class Real Estate is a nationally recognized top brokerage. They have grown 470% over the past three years, placing them on the Inc 5000 list of the fastest growing private companies in America.

"With all the new tech-enabled competitors coming into the market, like iBuyers, digital brokers, and alternative marketplaces, brokerages need to respond with digital innovation of their own. Consumers today expect to be able to do everything on their phone," said Sean Daly, Expetitle's CEO. "Expetitle's partnership model gives brokers the tools they need to stay relevant, while also opening up a new income stream from title insurance commissions."

1st Class Real Estate will first launch fully remote and hybrid closings through a secure platform and mobile app in Florida and Georgia, but eventually plans to roll the service out to all 50 offices nationwide.

"This joint-venture with Expetitle allows us to leverage technology to process our clients' closings more efficiently and with higher service levels. It eliminates the unknowns in a transaction by providing all parties with real-time information on any device in just a few clicks, giving our agents and their clients the confidence that their closings will happen on schedule," said Buddy Buchner, VP Franchise Development of 1st Class Real Estate.

About Expetitle

Expetitle is a multi-state title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process. Expetitle's mission is to provide a better, transparent closing experience for buyers, sellers, and their agents and brokers. Today's consumer is used to doing everything on their phone in real-time, why should buying a home be any different? To learn more about Expetitle, visit https://www.expetitle.com/.

About 1st Class Real Estate

1st Class Real Estate, founded in 2013 by Rhyan Finch (Chief Executive Officer) started with only a handful of agents and has rapidly grown to multiple locations in states nationwide. 1st Class's proven model has the software, systems, procedures, and support staff in place for every process you can think of including office operation procedures, lead generation, marketing & branding, closing coordination, inside sales agents, agent training, and more! To learn more about 1st Class Real Estate, visit https://www.1stclassrealestate.com/.

Expetitle and 1st Class Real Estate are joining forces to create a national title partnership; offering a streamlined, remote home closing transaction to 1st Class' customers. Expetitle is a multi-state title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process.

Related link: https://www.expetitle.com/

Expetitle and Nada Partner to Create a Next Generation Real Estate Experience

DALLAS, Texas /ScoopCloud/ -- Today, Expetitle announces a service expansion into Texas via a strategic partnership with Nada to offer a streamlined and centralized home closing transaction.

Now more than ever, homebuyers are seeking a more technology-enhanced approach within the real estate industry. Expetitle employs unique closing technology and seasoned title agents to simplify transactions; helping agents and brokers minimize time spent on transaction management and maximize client-agent relationship enhancement.

With Nada, real estate owners save thousands on fees and discover new ways to build and grow real estate wealth, starting with their own home. Together, these two tech startups empower real estate agents, buyers and sellers to make a better customer experience for their clients.

"Our joint-venture with Expetitle enables us to bring our title and escrow service fully online and to vertically scale this service to new markets," said Micah Lindsey, Vice President of Operations. "Nada shares Expetitle's vision to bring the entire real estate experience online and to streamline the process for consumers."

"We are excited to join forces with Nada to combine their affordable, tech-enabled, streamlined home search and selection process with our leading-edge technology and closing services to renew the homeowner service relationship," said Sean Daly, Chief Executive Officer of Expetitle.

About Expetitle

Expetitle is a multi-state title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process. Founded in January 2019 and based in Miami, FL with satellite offices in Dallas, TX. Expetitle's mission is to provide a better, transparent closing experience for buyers, sellers, and their agents and brokers. Today's consumer is used to doing everything on their phone in real-time, why should buying a home be any different? To learn more about Expetitle, visit http://www.expetitle.com/.

About Nada

Nada is a vertically integrated real estate services & technology platform that offers residential realty, insurance, title, and financial services to retail consumers and real estate investors--making real estate ownership more accessible and affordable for everyone. By integrating all services into a single digital solution, Nada is able to deliver a full-service listing to homeowners for as low as $0 to sell their home when they also buy their next one with Nada. For more information about Nada, visit http://www.nadahomes.com/.

Today, Expetitle announces a service expansion into Texas via a strategic partnership with Nada to offer a streamlined and centralized home closing transaction.

Related link: https://www.expetitle.com/

Expetitle, a digital title company, has completed a $850,000 fundraising round

MIAMI, Fla. /ScoopCloud/ -- Expetitle, a digital title company and a leader in remote real estate closings, announced today it has completed a $850,000 fundraising round. The investment brings Expetitle's total funding to over $1 million and will help the company aggressively expand its sales and marketing efforts, as well as to continue to develop additional product functionality.

This fundraising round builds on an exceptional start to the year for Expetitle which, despite COVID-19, continues to enjoy fast growth. When the virus hit the US and the real estate world needed to move online, Expetitle had already built a completely virtual remote closing process.

"Expetitle is disrupting the title insurance space from the ground up," said Sean Daly, CEO and co-founder of Expetitle. "We have brought in technologists and industry outsiders and matched them with experienced title agents to create a next generation closing experience. We're excited to be partnering with such an amazing group of real estate and venture capital veterans to grow our vision and expand our business. We believe there is an enormous opportunity to create a new-age title company that solves these problems for all parties involved in the closing."

The round was led by Chilean investment fund Beagle Ventures, who were joined by Caoba Capital, and the Arquitectonica family office. LAB Ventures is also following-on in this round after incubating Expetitle in their Startup Studio.

"We are excited to partner with Expetitle for its strong management team and the incredible market opportunity. We have been impressed with both the product and the organization so far, and know we can bring the expertise to help take Expetitle to the next level," stated Pablo Vicuna and Pedro Cabezon of Beagle Ventures.

About Expetitle:

Founded in January 2019, Expetitle was born out of the LAB Ventures startup studio. Expetitle is a Florida statewide title company that delivers fully digital and hybrid closings through one secure collaborative platform that adds transparency to the entire closing process. Expetitle's mission is to provide a better, transparent closing experience for buyers, sellers, and their agents and brokers. Today's consumer is used to doing everything on their phone in real time, why should buying a home be any different?

To learn more about Expetitle, visit https://www.expetitle.com/.

About Beagle Ventures:

Beagle Ventures invests in technology-based service companies that want to be different, generating value for their clients in a creative, responsible and permanent way.

Expetitle, a digital title company and a leader in remote real estate closings, announced today it has completed a $850,000 fundraising round. The investment brings Expetitle's total funding to over $1 million and will help the company aggressively expand its sales and marketing efforts, as well as to continue to develop additional product functionality.

Related link: https://www.expetitle.com/

Silk Title Co. Focuses on Digital Mortgage Closing Experience, Triples Client Base, Achieves Single-Month Record in 2019

PROVIDENCE, R.I. /ScoopCloud/ -- Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its "service at scale" promise to its institutional bank and independent mortgage lender clients nationwide.

Throughout the year, Silk Title Co. tripled its client base and maintained a zero percent client attrition rate, enabling it to achieve several successive record months. The firm experienced a 582% increase in revenue over 2018, requiring the addition of just 13 employees to its staff due to its strategic infrastructure investments.

"'Service at Scale' is a motto we take seriously, and to that end we have invested considerable resources in developing a business model that maximizes our people, processes and technology to deliver virtually flawless title, settlement and closing services significantly faster and cheaper than the competition," said Silk Title Co. President and CEO Marc Trachtenberg. "Our organization is fully committed to executing mortgage closings as digitally as possible, and our like-minded mortgage lending clients have reaped the benefits of this commitment through reduced costs, faster closing times and an overall better experience for their borrowers and real estate agent partners."

"Our industry assumes that technology is a panacea to the operational problems in loan manufacturing and closing. At Silk Title we've observed that injecting innovative technology into a fundamentally broken process is far from the cure-all everyone assumes," Trachtenberg explained. "That's why we crafted our proprietary process first and then built out our customized technology environment to support it. As a result, we've cultivated a tech-driven, process-oriented client base that recognizes the value of a centralized operating environment and is committed to collaborating with Silk to deliver a seamless closing experience to their borrowers."

About Silk Title Company

Silk Title Co. provides title insurance, search and settlement services across the nation to the top institutional banks and independent mortgage lenders. Additionally, the firm also provides services for foreclosure, default, REO, and traditional real estate transactions. Leveraging a proprietary blend of people, process and technology, Silk Title Co. is able to deliver digital mortgage closing services at scale, resulting in some of the fastest turn times in the industry while delighting homebuyers, real estate agents and lenders alike.

To learn more, visit https://silktitleco.com.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0214s2p-Marc-Trachtenberg-300dpi.jpg
*Photo Caption: Silk Title Co. President and CEO Marc Trachtenberg.

Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its "service at scale" promise to its institutional bank and independent mortgage lender clients nationwide.

Related link: https://silktitleco.com