Product Review: myFirstAm
By RE Technology Staff
Posted by: RE Technology
What is myFirstAm™?
For those of you who aren't familiar with myFirstAm™, you can check out the press release about the launch. myFirstAm simplifies the closing process by allowing real estate professionals to stay on top of every detail of their transaction. myFirstAm helps registered users track many of the key milestones related to completing a First American title insurance or escrow order. By using myFirstAm, users can:
- Receive status updates and reports, as well as share these updates with clients or colleagues
- Keep informed of order status by viewing order history anytime
- Create new orders online
- Calculate estimated fees
- Access property data from public records*
It can help real estate professionals support their clients much more effectively by providing updates on each key order milestone, along with their supporting documentation, if any, from First American Title. Armed with this information, an agent or broker can get ahead of the process and let their clients know what documents are coming to them next. They can explain the purpose of each document and explain any anomalies they might expect BEFORE the client gets upset or worried about the implications of an exception noted on a document. The tool isn't intended strictly for real estate professionals, either. Other parties involved in the transaction, such as attorneys, may also use it.
Although myFirstAm is currently not optimized for mobile, First American Title is in the process of rolling out a mobile application and mobile-optimized version of the myFirstAm.com site.
*Fees may apply. Not available in the state of Texas and where prohibited by law