Trust Stamp Announces Free Safety Tool for All Realtors®

Washington, D.C. – November 7, 2017 (nar.realtor) At the National Association of Realtors®’ Conference & Expo in Chicago, Trust Stamp announced that its safety tool will now be free for all Realtors®. Trust Stamp is an identity authentication startup company that leverages artificial intelligence and blockchain technologies to verify strangers’ identities and provide a trust score.

Trust Stamp Logo

NAR announced recently that it had made a second investment in Trust Stamp; the first was in November 2016. The startup was one of eight companies last year to participate in the vertical tech accelerator program, REach®, operated by NAR’s strategic investment arm Second Century Investments.

“I’m pleased that this innovate identification verification tool will now be free to all 1.3 million Realtors®,” said NAR President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty. “Safety for our members is a top concern, and this is another great tool that Realtors® can use to protect themselves when meeting strangers and new clients.”

Andrew Gowasack, one of the cofounders of Trust Stamp said, “We are thrilled to offer Trust Stamp as a free benefit to NAR members and to empower them to keep themselves and their clients safe. Both Realtors® and consumers should have assurance that everyone they meet during the real estate transaction is verified and trustworthy.”

Trust Stamp develops and deploys proprietary artificial intelligence software to authenticate identity and also analyzes public records and social media to provide a unique color-coded Trust Score. After creating the Trust Score, users can improve it by sharing additional information. While personal details behind a Trust Score remain private and under the user’s control, the score can easily be shared through the company’s unique Trust Stamp.

It’s a powerful tool for helping improve the safety of real estate professionals, who frequently meet new clients or unknown individuals. NAR’s 2017 Member Safety Report found that more than one in three agents experienced a situation that made them fear for their personal safety or the safety of their personal information.

“My vision for the Realtor® organization is to partner with companies that are offering great products and services that will help change the real estate industry,” said NAR CEO Bob Goldberg in a video announcing the new member tool (link is external). “Trust Stamp is an innovative company, and this tool will bring great value to our members and improve their safety, which is so important for what they do.”

Trust Stamp cofounder Gareth Genner said, “There is no issue of greater importance than the safety of real estate professionals and their clients. Perhaps even more concerning than an absence of safe practices, are products that create an illusion of safety. While there is nothing that can displace sensible precautions, we hope that NAR’s investment, and our making Trust Stamp free for Realtors®, will reinforce the need to us a thoughtfully designed process and remove any financial disincentive.”

About Trust Stamp

Trust Stamp has clients across multiple industries, including a major U.S. bank, and has launched an app to improve the safety of peer-to-peer marketplaces like Airbnb, Craigslist, Facebook Marketplace and Uber. Through its relationship with NAR, the company has also partnered with the National Association of Estate Agents in the United Kingdom to provide real estate agents with risk based tools to meet European Union and UK anti-money laundering obligations. The company has created a real estate-specific webpage and mobile app for agents. For more information about the Trust Stamp real estate tool, visit truststamp.re. (link is external)

About National Association of Realtors®

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

About Second Century Ventures

Second Century Ventures (SCV) is an early-stage technology fund, backed by the National Association of Realtors®, which leverages the association’s 1.3 million members and an unparalleled network of executives within real estate and adjacent industries. SCV systematically launches its portfolio companies into the world’s largest industries including real estate, financial services, banking, home services and insurance. SCV seeks to define and deliver the future of the world’s largest industries by being a catalyst for new technologies, new opportunities, and new talent. Learn more at www.secondcenturyventures.com (link is external).

National Association of Realtors® Selects Bank of America Merrill Lynch to Develop Financial Wellness Program for Members

Chicago, IL – November 4th, 2017 (nar.realtor) Nearly nine in 10 Realtors® are independent contractors of their real estate firms and typically don’t have access to traditional employer-provided benefits, such as retirement savings plans. To help Realtors® better secure their financial futures and reach their retirement savings goals, the National Association of Realtors® has selected Bank of America Merrill Lynch to develop a financial wellness program with customized benefits to members who participate.

NAR logo

While the age and business activity of NAR’s membership varies, the median gross income of Realtors® in 2016 was $42,500; 43 percent are not saving for retirement and only 30 percent own investment properties. Upon assuming office, 2017 NAR President Bill Brown pledged to help Realtors® take charge of their financial lives and develop new education and resources for wealth building, business planning and investing in real estate.

“Despite finding great success in their careers, far too many real estate professionals are falling short with their retirement savings goals,” said Brown, a Realtor® from Alamo, California and founder of Investment Properties, a division of his family real estate business. “I’m incredibly excited about this opportunity with Bank of America Merrill Lynch, and I think it’s going to offer tremendous benefit for our members.”

As part of the REALTOR Benefits® Program, the financial wellness program will provide Realtors® with personalized financial education services, as well as online resources and financial workshops. The program will help assess financial wellness delivering a multi-channel program designed to assist NAR members achieve their financial goals based on age, life stage and needs.

“NAR does so much to help homebuyers overcome financial challenges to achieve their dreams, so I made it a priority to help our members build a sustainable financial plan to carry them through slower sales years and into their retirement,” said Brown. “This is a positive step toward making sure our members are on strong financial footing.”

In 2016, NAR launched the eight-hour course Real Estate Investing (link is external): Build Wealth Representing Investors and Becoming One Yourself, which offers strategies to help members with smart practices for investing. The association plans to identify and roll out additional member programs, tools and services to promote financial wellness and wealth building.

Additional information about the Bank of America Merrill Lynch program being developed for Realtors® will soon be available at www.nar.realtor/RealtorBenefits.

The REALTOR Benefits® Program is the official member benefits program of the National Association of Realtors®, connecting members with discounts and unique offers on products and services just for Realtors® from more than 30 companies recognized as leaders in their respective industries.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.

How Adding Documents to Single Property Websites Improves Marketing and Communication

Businesses, regardless of what services or products they offer, are constantly being evaluated and compared on their level of customer service. As a successful Realtor and small business owner, how can you provide the best customer service?

Single Property Websites

AgencyLogic single property Websites can help by providing real estate agents with a way to share documents including inspections, contracts, marketing documentation and spreadsheets. Not only does this help answer questions but also provides more property related information than is available anywhere else on the Web, eases the sales process, saves time and therefore money for all parties and finally demonstrates technical ability and obviously outstanding customer service on the part of the real estate agent.

Agents can upload several file formats including Word, Excel, PowerPoint, Zip and PDF (plus others). It is also possible to create a central document library thereby saving time whenever files need to be used across multiple single property Websites.

single property websites documents

Documents on AgencyLogic single property Websites have three levels of security:

  • Open – Anyone who views the site can access the information
  • E-mail Address Required – An e-mail address must be entered before accessing documentation
  • E-mail Address and Password Required – An e-mail address must be entered and the Realtor must be contacted directly in order to obtain the password

Utilizing the third level of protection ensures any interested person interested contacts the Realtor directly, therefore generating solid leads and reliable contact information.

The question isn’t really why should you use a single property website, it’s how can you market effectively without one?

If you’re interested in single property Websites, visit AgencyLogic.com today!