I respectfully disagree. It takes tons of money to make a switch to e-closings, and the majority of title companies out there do not like to change nor want or need to or could afford new software. It's not only them, but it's also the lenders and recording. I haven't been asked to do one, not working for the players doing them...keeping very busy without all that. It's not going to take over anytime soon...maybe the huge players (which have done so), but they only make up a small percentage of lender/ title companies out there. I am not averse to doing them, but not making an investment when not required right now is fine by me.
SD is a platform, they can easily book e-closings with them if those players switch. Not seeing these companies who have it locked down tight with the title, lenders, closers changing to a platform which they already own their own. jmo |
