E
quityProtect, a leader in real estate fraud prevention and data security, is partnering with brokerages nationwide to shield homeowners from title theft. This collaboration enables brokerages to offer clients access to EquityProtect's patented technology, designed to safeguard property titles from deed theft crimes. Title theft has been reported by the FBI as a rapidly escalating scam, resulting in millions of dollars in losses for unsuspecting homeowners whose property titles have been altered and mortgaged or sold without their knowledge.
Through this partnership, brokerages can provide clients with a free risk assessment to determine the necessary level of protection for their home's title. EquityProtect's monitoring system goes beyond traditional title monitoring services by continuously scanning public records, title activity, and other risk factors associated with the property in real-time. This forward-looking approach ensures that suspicious activity is immediately flagged.
For those at risk, EquityProtect's patented technology uses sophisticated verification factors to ensure that only the property owner can make changes to a title. Real estate agents working with EquityProtect can enhance their marketing efforts by utilizing monthly communications regarding their clients' title monitoring, branded with their name and logo. This helps agents stay connected to past clients and increases the potential for referrals.
"We're excited to offer EquityProtect to our agents and clients as a powerful solution that safeguards one of their most valuable assets – their home," said Brent Gove, President of the Brent Gove Organization at eXp Realty. "This collaboration strengthens our commitment to delivering exceptional value and protection to those we serve."
"With EquityProtect, brokerages can bring added value to the table by offering safeguards that protect clients' home equity," said Jon Dovidio, Chief Strategy Officer at EquityProtect. "Our unmatched protection provides homeowners with an added layer of security by preventing financial crimes before they occur."
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EquityProtect Collaborates with Real Estate Firms to Prevent Title Scams
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