When a real estate transaction software tool raises $8.5 million dollars, as Nashville-based Blueprint Title did, more than just the buyers and sellers of property take notice. But what exactly does this proprietary digital closing solution do?
CTO Michael Anderson, as you’d expect a CTO to do, simplifies the company’s aim. “Blueprint’s technology platform empowers buyers, sellers, and lenders throughout the closing experience by streamlining complicated workflows, promoting transparency, and securely digitizing the process.”
That means Blueprint Title makes the closing stage of real estate purchasing more efficient by delivering meaningful time and cost savings to an expanding buyer category.
It does this with an enterprise-grade API that centralizes services for title insurance and points of the closing process that require multiple sign-offs, thereby creating a single “team” for every part of the transaction.
Users upload their documents directly, and e-signature capabilities are available at every step of the transaction, which is updated in real time as things are resolved, so that nothing is a surprise before the deals are signed. As a result, “Closing Day” is a lot happier for everyone involved.Steve Berneman
“As we look forward, we see a tremendous opportunity to innovate via applying maturing technologies in big data and machine learning to the title and closing process,” Anderson added.