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Sun West unveils NFT loan powered by AI technology

Housing Wire

They may close the transaction and transfer the NFT, or if they choose to not honor the trade, they forfeit their earnest money deposit, as customary in any standard real estate purchase.”. ” The post Sun West unveils NFT loan powered by AI technology appeared first on HousingWire.

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EXIT Realty partners with earnest money collection platform

Housing Wire

Earnnest, based in South Carolina , has reportedly facilitated more than 350,000 digital earnest money deposits with a total value of more than $2 billion since its inception in 2017. Exit Realty had 14 affiliates that closed at least 500 sides in 2023, according to RealTrends.

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Qualia launches Bank Partner Network for title company customers

Housing Wire

“As a result of working within the Qualia Bank Partner Network, we expect to save $80k in bank fees and technology costs annually,” Jim Janson, senior managing partner at Title Professionals Group , said in a statement. “By

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CertifID acquires digital payment platform Paymints.io

Housing Wire

. “We’re creating an unprecedented platform that will secure the movement of Good Funds for our customers at every step of a real estate transaction, from the moment a buyer submits their earnest money deposit until the seller’s mortgage is paid off. This is the future of secure real estate transactions.”

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The tough market mindset: Compete or combine forces?

Housing Wire

You see something similar in real estate technology. Everyone has their own idea of what technology for real estate should look like, and at first, that was good. After all, everyone has a vested interest in the success of a real estate deal, and a shared interest also contributes to the individual interests of each participant.

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Fight Fraud, Don’t Fear it

GeekEstate

Since fraud tends to occur at times where money is being transferred , whether it’s an earnest money deposit or other closing costs, it’s time we look outside of old school methods and embrace technology to keep our personal information and money safe. Revolutionary Technology in Real Estate.

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Earnnest Recognized by FinTech Breakthrough Awards Program

RIS Media

FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, recently announced that Earnnest has been selected as winner of the “Best Consumer Payments Company” award in the fifth annual FinTech Breakthrough Awards program.