Florida Agency Network Closes Florida’s First Completely Digital Transaction

Tampa, Fla. – March 8, 2018 – Florida Agency Network announced the completion of Florida’s first 100 percent paperless, fully-digital real estate closing transaction. The closing was completed by Paramount Title, a member of the Florida Agency Network, on March 7 in the Century 21 Beggins’ Madeira Beach office. All closing documents were executed electronically, and the Electronic Notarization of deeds and affidavits was performed by Notarize via an app interface utilizing a Notary in the state of Virginia.

“This is a historic transaction not just for Paramount Title and the Florida Agency Network, but also for the State of Florida and the real estate and settlement industry. We have long dreamed of the day of having a truly paperless closing, including the documents requiring notarization. We literally prepared, closed, and recorded an entire transaction digitally, without printing anything on paper. Our goal is to make this an option for all our clients. Not only does it streamline the process, but now reduces our industry’s impact on the environment. Paperless, digital closings offer many advantages versus the slower, traditional paper-based system. The paperless era has officially arrived!” said Aaron M. Davis, CEO of Florida Agency Network.

Paramount Title partnered with Notarize, the first notary public platform allowing any person or business to get their documents legally notarized online. Notarize’s propriety software system enables a completely paperless process via any mobile device. The Notarize platform saves time and money, reduces fraud, and provides a better customer experience by improving efficiency and convenience.

“In keeping with the culture of Century 21 and our focus on technology and the consumer experience, it was exciting to be a part of history. Innovation is key to success in the real estate business. As an industry, we must develop a speedier and more efficient closing process. This was a strong step in the right direction, and we look forward to many more,” said Craig Beggins, the Broker/Owner of Century 21 Beggins.

 

To read more about how the closing came to be, click HERE.

Florida Agency Network Appoints Matthew Froning as Chief Information Security Officer

PLANT CITY, Fla., — Florida Agency Network (FAN) is pleased to announce the addition of Matthew Froning as its chief information security officer (CISO). Froning will drive FAN’s existing information security program, and collaborate with the industry to implement best practices on information security. These complex cyber strategy solutions and partnerships will ensure Florida Agency Network has the most effective, broad security postures.

“We are pleased to welcome Matthew to our team. His reputation, expertise and intimate knowledge of industry best practices will allow us to design and deploy a best-in-class, global security strategy,” said Aaron M. Davis, CEO of Florida Agency Network.

The former Chief Information Officer of an industry leading Information Security Consulting company, Froning has led the charge for improving security processes and procedures for organizations while tightening controls to protect from cyberattacks. A security industry veteran, he developed information security assessment processes which included guidelines and reports aligned with regulatory and ALTA Best Practices. Froning is an Air Force veteran and former federal agent who has investigated, managed and directed computer-related criminal, counterintelligence, counterespionage, fraud and undercover matters for both the federal government and the military.

“Florida Agency Network has been an industry leader in the approach to secure their systems, processes, and the consumer information they are charged with protecting. As part of the team, I look forward to helping FAN continue to enhance their security program and provide the best service and level of security possible for their clients,” said Matthew Froning, CISO of FAN.

To read more, click HERE.