Industry News

Industry leaders unite for paperless real estate

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A task force of residential real estate companies dedicated to making the fully digital housing transaction a reality has launched. The group, known as the Paperless Crusade, will include transaction software vendors, researchers, journalists and major brokerages working together across a broad range of informational, promotional and technological fronts to raise awareness of paperless transactions and improve the paperless customer experience. The campaign, initiated by Inman News, will focus on information, promotion and technology cooperation. "Traditional house closing is an unpleasant experience for customers. It depresses the willingness of customers to go back into the market," said Bradley Inman, publisher of Inman News. "If we can close the U.S. wheat sale to China electronically, the time has certainly come when we can close a house sale electronically." Inman News will produce an ongoing series of special reports on paperless technology and processes. The topic also...