Press release
Realtor.com® Selects Qualia to Deliver Simplified Digital Home Closings
New experience for agents and title providers will help power closings for today's digital-first consumers SANTA CLARA, Calif., Jan. 25, 2021 /PRNewswire/ --
About this update from News Corporation
[{"type":"text","content":"New experience for agents and title providers will help power closings for today's digital-first consumers\n\n\nSANTA CLARA, Calif., Jan. 25, 2021 /PRNewswire/ -- Realtor.com® and Qualia today announced a new relationship that will give agents and their clients a unique ability to collaborate online in real time with their title provider of choice as part of a fully integrated digital closing experience. \n\n \n \n \n \n \n \n\n \nRealtor.com and Qualia will offer an integrated digital closing experience for agents, consumers and title providers.The experience will first launch next month as a pilot test in seven states across the country, followed by a nationwide launch later this year. The seven states are Florida, Maryland, Ohio, New Jersey, Pennsylvania, Texas, and Virginia.\n\"Realtor.com® believes an open marketplace approach that offers choice, control, transparency and efficiency creates the best experience for home buyers, sellers, and real estate professionals,\" said Move Inc. CEO David Doctorow. Move, Inc., is a subsidiary of News Corp and operates realtor.com®. \"Our relationship with Qualia is a great example of this. We're empowering agents by providing options to help them get their clients all the way through closing, as we simplify the process of buying and selling homes for people throughout their real estate journey.\"\nAgents in realtor.com®'s ReadyConnect Concierge℠ network will be able to use their existing ReadyConnect℠ Agent app to select one of the many highly rated title partners who are powered by Qualia's platform. Agents can also introduce additional title partners to the network through the ReadyConnect Concierge℠ app and web experience. If they choose, agents can continue to work outside of the app with any title provider outside of the Qualia platform.\nIf they work with a title provider in the Qualia network, agents and their clients can automatically manage and review documents, track progress in real time, and communicate with the chosen title company through the secure Qualia Connect platform. The platform's security features also help protect buyers from phishing and fraud; cyber crime in real estate transactions has been increasing rapidly over the past few years, according to FBI reports. Consumers can sign their closing documents, and in select states some participants can have them remot...