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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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Virtual notary adoption surges as businesses rush to close transactions remotely

Housing Wire

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. A signer such as a customer closing on a loan appears before a notary on a video call and they complete, sign and notarize the document, he said.

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Purchase orders give boost to Fidelity’s title segment in Q2

Housing Wire

Fidelity’s total commercial revenue was $347 million, an 89% increase year-over-year driven by a 65% increase in closed orders. Total commercial orders opened also increased 58% year over year. Second quarter refinance orders opened and closed both decreased this quarter — 25% and 5%, respectively, on a daily basis.

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Polly announces AI integration into its pricing engine

Housing Wire

The PPE system is native to the cloud and is described by the company as “commercially scalable” through a series of customizable options. The announcement of the AI functionality improvements follows a series of other announcements made by Polly in March.

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Stavvy joins forces with WFG on eClosing tech solutions

Housing Wire

. “Our collaboration will enable us to leverage our strengths and expertise to deliver a digitally integrated and secure closing experience that is sure to exceed buyer expectations.” ” With this partnership, Stavvy and WFG are aiming to provide clients with digital closing solutions and a seamless closing experience.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. Buyer’s agent : The buyer’s agent represents the buyer.

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Qualia launches an API to track title orders

Housing Wire

Closing software provider Qualia has launched Qualia Application Programing Interface (API), according to an announcement on Wednesday. According to Qualia, platform users can use these capabilities to design custom client experiences, track performance, productivity and revenue, and pipeline across clients and settlement agency branches.

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