Clever Real Estate launches new entity to bolster escrow services

New company aims to streamline operations

Clever Real Estate launches new entity to bolster escrow services

Clever Real Estate, a real estate tech firm, has unveiled Clever Title, a tech-forward title and escrow entity built to streamline operations and enhance transparency for clients and partners.

According to a news release, Clever Title harnesses advanced technology to simplify processes, bolster communication, and heighten transparency for all stakeholders.

Tony Chahal, formerly senior vice president of Clever Pro, now assumes the role of president of closing services to lead the launch and oversee Clever’s newly established Title & Escrow division. The news release said Chahal was involved in the successful launch of Clever Pro, a unified solution benefiting mortgage lenders and borrowers.

“The launch of Clever Title marks a significant milestone for Clever, as it expands its suite of services to provide a comprehensive and tech-forward end-to-end real estate solution,” said Chahal. “By incorporating the latest technology into the closing process through our portal, it  allows users to track their escrow process in real-time, providing them with access to important files, direct communication with all parties, and industry-leading fraud protection.”

Conventional title and escrow procedures were described as grappling with physical documentation, protracted timelines, and opaque practices.

“Our goal is to empower agents to focus on serving their clients by offloading administrative tasks,” said Luke Babich, Clever’s co-founder and CEO. “We’re committed to reimagining and enhancing the traditional title and escrow system through the power of technology.”

Clever Real Estate is a technology company producing educational real estate content accessed by over 10 million readers annually. It has $8.5 billion in real estate transactions and has over 19,000 agents in the US.

Have something to say about this story? Let us know in the comments below.