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Why leave the traditional process behind?
Why leave the traditional process behind?

If your fax machine is your living room centerpiece, turn back now

Daniel Rollingher avatar
Written by Daniel Rollingher
Updated over a week ago

Why do we feel Fabrica is necessary? For starters, we wanted to figure out what’s wrong with the real estate transaction today. For example, we started to ask why 30% of all documents sent to the county recording offices of California are rejected (source) and why fees for title insurance are prohibitive on land transactions that are less than $10,000--of which there are more than 160,000 per year in the United States (source). We wanted to know why title insurance companies across the US make $19bn in profits while paying out 3-4% of their premiums in claims (source). Last, we wanted to know why many county recording offices around the country still have NO digital records, and can still be reached most quickly--and I’m not joking here--by fax.

The land transaction market is underserved by low-tech services with low customer service. We want to change that, and we’re building a platform to help you complete your transactions more efficiently and more effectively, all while having more fun doing it.

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