After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys.
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First American Title is evaluating third-party integrations that will allow it to continue expanding the capabilities of its new collaborative platform for title agents, PRISM, beyond title insurance.
Launched in August, the PRISM platform lets lenders and real estate agents get quotes for title insurance and settlement fees or order title without calling their title agents. The platform also gives real estate agents access to co-branded or white-labeled seller net sheets, buyer estimates, refinance quotes, marketing materials and property reports.
That PRISM could play an even broader role in facilitating home sales became evident in September, when paymints.io announced its integration into the PRISM platform. Integration with paymints.io eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform.
PRISM is also integrated with DataTree, a database of property and homeowner information; and Agent Print Pro, which provides customizable marketing materials.
Now First American says it’s looking at additional third-party integrations as well as providing more of its own products and services through PRISM.
Trey Dirks
“We’re currently evaluating several integrations that will simplify the real estate transaction from the point of sale all the way to the actual signing and handing over the keys,” said Trey Dirks, vice president of product and information technology at First American Title, in a blog post Thursday.
Next year Dirks said…