Notarize Byline Adoption with airSlate SignNow

Notarize byline adoption

hello housing wire guest today i'm joined by notary cam ceo rick triola rick thanks for joining us today sure thanks mr for having us appreciate it well let's get started with the main question of iran adoption as we all know states have changed a lot this year when it comes to iran acceptance due to covet 19. do you think these policies will stick around in 2021 yeah i i i think so um you know ron is is pretty much here to stay it's uh it's proven over the last couple years for the officers that have used us three as far back as three four years ago that it has become very sticky so you know sadly during this pandemic it's um there's a there's a greater need today than it was three four years ago but uh i think going forward it makes a lot of sense that all this will become sticky and i can't imagine any legislation being reversed looking at a nationwide level what is the state of the senate secure notarization act it's an interesting timely question because as of today i think in about an hour uh the land title association you may may not be aware has put together a letter uh to congress and uh i signed off on that yesterday um and obviously it's uh you know it's needed um it just kind of gives everybody uh you know a standard that everybody could abide by and i i think the challenge when it first came out um you know with the pandemic it was it was a good idea but there were a lot of things going on in the world that kind of you know kind of put that on the back burner but uh there's no question that 2021 and again there's as far as i'm aware of there are there is there are no objections to uh national iran standards so i think it should go through pretty well in 2021 interesting well what states will probably be the last to accept ron and and why you know it's a funny jokingly i'm i'm from new york i just told you i'm living in southern california but for 20 years but i grew up in new york and i always said when i started down this road that new york would probably be the last state and a funny thing is that you know uh governor cuomo actually was one of the first uh delivered one of the first emergency covert legislations in in april recognizing the benefits of ron and and they needed to get something on the board quickly so uh and and ironically california where i sit today and being a tech capital little world is right now look appears to be the last state in and uh we're we're all doing our job to make them comfortable with this uh process you know like i said we've been doing this for eight years and almost a half a million run transactions so uh we're just trying to get them comfortable with that this is fine this is okay well i'd like to dive a little deeper on how industry professionals are adopting ron even if there is no nationwide legislation allowing ron do you see title agents still adopting it in 2021 i know we touched on that a little bit but can you elaborate just a little bit more yeah absolutely you know i yeah i come from the title world uh that's that's how this whole thing got started a long time ago and you know change is difficult for anybody so um when you get on the title side the closing side of the table you know as a realtor where i first started you know i'm doing onesies and two these type of transactions but when you get in on the other side of the title world in the escrow world you know they're trying to close 30 40 50 files in the next 30 days so change is difficult you know whatever they're doing now they to get them to do something else is a little bit challenging so we with that in mind when we built our platform we made this very simple and very easy to use for the settlement agents so the companies the agencies that have used this over the years have really enjoyed it and adopted it and some of our early actually steward um offices um adopted us about three years ago and for the last two and a half years nobody comes into their office so they were really ready for coveton and gave them a nice competitive advantage i think i think where we are now the um the title agents understand that this their their clients are looking for this their lender clients are looking for their borrowers are looking for this the sellers want to get in and get out and so the world has changed and i think uh um you know with the ease of use they'll be let's see 2020 one is a huge uh time to adopt you know yeah and he said change is difficult and this actually ties into my next question on change taking a look back on this year as we could quickly approach the end of 2020 in what ways has the title industry changed well i i think the title industry is um you know um really recognizing that they need to be um like everybody else you need to be digital you know you you've really got to figure out you you need that competitive advantage and and and because of the need of covid uh it kind of forced everybody's hand to to speed up this process everybody knew it was nice to have uh but right now it's you must have this and you've got to stay competitive and and the hardest part with the the title industries our biggest challenge over the years is getting the escrow officer the title office due to their first transaction once they do the first transaction they're sold and we we've seen the emails uh saying oh my god i just did my first wrong transaction i'm not never doing this any other way this is so easy and so convenient right so i think it's getting the first one and like i said i i totally respect the challenges that the title industry that the escrow offices has faced because of the the pressure that they're under to close so many transactions and you know so in in such a short period of time and papers going in and out and scanning and so i think once they get the they understand the ease of use they will continue to adopt very easily i want to quickly touch on notary camping acquired by stewart title what does this acquisition mean for ron adoption you know as a 2019 tech trendsetter and a 2020 vanguard what does this acquisition mean for you going forward yeah we're really excited you know stuart was an early partner of ours like i mentioned and the way it headed the curve on ron and understood the value proposition and and so and and so we built a a great relationship over the years uh with uh stuart and and you know with their brand and and recognition and uh strength and resources you know it's gonna help us help our customers you know with uh you know breadth of uh new products and and customer support and new people and and all the things that we need and so we'll keep we'll keep ahead of the curve uh with stewart and um and uh it's exciting for us and our team is exciting we're staying as our team is staying the same so nothing changes for us uh we we remain that autonomous uh relationship uh but it's exciting to be uh under or a family of uh companies all right rick well lastly is there anything else you would like to add before we go today no i think i think everybody agrees that uh we can't wait for the end of 2020 and uh exciting uh for 2021 i think you know i just think it's a lot of lessons learned uh we were forced to do things that we um weren't ready to do even for us you know our tremendous growth and real estate closings exponentially you know what we were doing on a monthly basis in january last year we're now doing on a daily basis as far as real estate closing so so sometimes that that that growth you know forces you to anything you had in your you know our tech pipeline that needed to to make it more efficient uh you know that probably we would have got done in two years we got it done in two months uh we necessity as the mother of invention right so we had to get these things done and so again getting back to the ease of use i i think it helped everybody and and this is here to stay and we're excited uh with the new relationship with stuart to really take this to a next level and and the level that uh that everybody would be proud of a lot of great insight here today rick we really appreciate your time thank you so much thank you very much take care victoria happy holidays you