Stewart and the Arizona Association of Realtors®
Partner to Create the Industry’s
First Statewide Deployment of SureClose®
Transaction Management as a Member Benefit
HOUSTON (Business Wire EON/PRWEB ) January 9, 2008 --
The Arizona Association of Realtors®
and Stewart Transaction Solutions
have partnered to deploy SureClose,
the nation’s most widely used transaction
management system, to more than 5,000 real estate brokerages across
the state.
The Association and Stewart will jointly dedicate resources to train,
service and support the deployment.
“As the seventh-largest state association
of Realtors®
in the United States, we strive to provide the best possible service to
our members,” said John Gall, the 2008
president of the Arizona Association of Realtors®.
“We believe that the deployment of
transaction management across the state will raise the level of
professionalism, create a better work environment for our brokers and
real estate professionals, as well as enhance the service we offer our
home buyers and sellers.”
“We are very pleased and honored to announce
this landmark partnership with the Arizona Association of Realtors®,”
said Travis Wright, president of Stewart Transaction Solutions. “Arizona
Association of Realtors®
and Stewart have agreed to fund, manage and staff this initiative to
ensure maximum adoption by real estate brokerages of all sizes in
Arizona.
“This project creates the ability for all
Arizona brokerages to jointly conduct real estate purchases and sales in
an online paperless community through SureClose,”
Wright continued. “With the integration of
our TrueForms®
online contracts with electronic signatures, SureClose will prove to be
the collaboration platform that propels the real estate transaction into
the digital age.”
“Arizona Association of Realtors®
has been evaluating transaction management for over three years,”
said Craig Sanford, 2006 president of the Arizona Association of Realtors®.
“Eighteen months ago we formed a technology
task force of association brokers led by an industry consultant to
evaluate the leading transaction management platforms. Our selection of
the SureClose system, together with the training and implementation
resources of the Stewart team, gives us the confidence that we have the
right mix of technology, marketing and people to be successful in our
statewide initiative.”
“After a year of thorough evaluation and
negotiations with the Arizona Association of Realtors®,
we became convinced that the association is truly committed to forming a
partnership as opposed to a vendor relationship,”
said Carl Espy, vice president of Stewart Transaction Solutions. “We
believe this partnership is vital to ensure the success of a statewide
deployment.”
“As an early adopter of the transaction
management technology in December 2005, Dan Schwartz Realty saw many
other broker attempts fail,” said Duane
Fouts, president of Dan Schwartz Realty of Phoenix and member of the
Arizona Association of Realtors®
transaction management task force. “We
selected Stewart in our endeavor because they demonstrated a true
partnership in our deployment and adoption of the technology. Today we
are proud to share our SureClose success with the Stewart team, and we
look forward to expanding our successful model throughout the state of
Arizona.”
The Arizona statewide deployment is set to begin in early 2008.
About SureClose
SureClose gives real estate brokerages and individual real estate
professionals the ability to manage and share digital documents online
during the home purchase or home sale process. In addition, real estate
brokers and professionals can easily index and archive closed
transactions online for future reference by the home buyers and sellers.
More information can be found at http://www.sureclose.com.
About PropertyInfo Corp. and Stewart
Stewart Transaction Solutions is a division of PropertyInfo Corp., a
Stewart company. PropertyInfo Corp. delivers state-of-the-art real
estate information solutions to the real estate, closing and mortgage
industries. It is a wholly owned subsidiary of Stewart Information
Services Corp. (NYSE:STC), a customer-driven,
technology-enabled, strategically competitive, real estate information,
title insurance and transaction management company. Stewart provides
title insurance and related information services required for settlement
by the real estate and mortgage industries through more than 9,500
policy-issuing offices and agencies in the United States and
international markets. Stewart also provides post-closing lender
services, automated county clerk land records, property ownership
mapping, geographic information systems, property information reports,
flood certificates, document preparation, background checks and
expertise in tax-deferred exchanges. More information can be found at http://www.stewart.com.
About Arizona Association of Realtors®
The Arizona Association of REALTORS®
(AAR), the largest professional trade association in Arizona, is
comprised of individuals involved in the real estate industry, allied
industries and firms. The association's more than 54,000 members
represent more than half of the real estate licensees in Arizona. For
information about the Arizona Association of REALTORS®,
visit the organization's Web site at http://www.AARonline.com.
All trademarks are the property of their respective owners.
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