FCT, the leading national service provider in real estate technology and title insurance, today announced the launch of PropertyFlow, a joint venture with Remine Inc., a leading real estate platform provider in the United States. PropertyFlow is committed to revolutionizing the residential housing landscape for REALTORS® and MLS® boards across Canada. Through the joint venture, FCT will bring Remine’s technology north of the border, accelerating digital transformation across the real estate lifecycle.
By leveraging advanced property intelligence from FCT and innovative technology from Remine, PropertyFlow’s products and solutions will improve access to real estate technology across the country, fueling efforts to create a more digital future for the Canadian housing market.
“At FCT, we’re invested in driving the Canadian real estate market with improved access to data and greater transparency, both as a result of this venture and through all of our products and services,” said Michael LeBlanc, CEO, FCT. “Putting technology at the forefront of what we do allows us to consistently build value for our customers, while continuing to advance the digital transformation of the industry.”
“Like FCT, we believe in an interconnected digital real estate journey,” said Mark Schacknies, CEO and co-founder, Remine Inc. “The Canadian real estate business is changing dramatically, and our proven success in delivering advanced technology to many organizations across the United States positions us well to navigate this shift. We look forward to working with FCT to improve the homebuying experience in Canada and remain at the forefront of the industry’s transformation.”
PropertyFlow to Bring Remine Platform to Canadian Real Estate Market
PropertyFlow will offer the Remine Canada platform, a critical next step in supporting the Canadian real estate industry’s movement toward a more data-driven future. The platform will provide REALTORS®, brokers and MLS® boards with access to MLS® and broad public record data in a single consolidated view. Following board integration in the platform, Remine will allow REALTORS® to see on- and off-market properties in one place, while connecting in real-time with potential buyers or sellers. At the same time, Remine provides consumers with the ability to view property listings and transaction details through a user-friendly digital hub.
In addition to providing improved access to property data, the platform also introduces new and innovative tools to the Canadian market, such as Docs+, a proprietary digital transaction management tool with patented SmartForms that provides real estate professionals with collaborative, cloud-based document creation, e-signature and transaction management tools.
“We’re committed to enhancing the real estate journey by providing REALTORS® with intuitive tools that improve and re-define their relationship with clients,” said LeBlanc. “We are proud to introduce the Remine technology to Canada and look forward to identifying additional opportunities to extend the value of this technology to all stakeholders across the transaction.”
Founded in 1991, the FCT group of companies is based in Oakville, Ontario, and has over 900 employees across the country. The group provides industry-leading title insurance, default solutions and other real-estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.
The Great Place to Work® Institute has named FCT one of Canada’s Top 50 Best Workplaces for six consecutive years (2015-2020) and certified FCT as a Great Place to Work. In 2020, the company was also recognized on the 2020 list of Best Workplaces™ for Inclusion, list of Best Workplaces™ for Women, list of Best Workplaces™ for Mental Wellness and list Best Workplaces™ in Ontario. FCT’s parent company, First American Financial Corporation, was named to the Fortune 100 Best Companies to Work For® list for the fifth consecutive year in 2020.
For more information on FCT, please visit the company website at www.fct.ca.
Remine is revolutionizing real estate technology by developing a digital real estate platform for real estate agents, lenders and consumers to use throughout the real estate lifecycle – from listing or buying to close.
Remine is a modern MLS® tool for Canadian REALTORS® that empowers real estate professionals to create a digital real estate journey. Remine is committed to building products for more than 80 boards and over 130,000 REALTORS® across Canada, in addition to serving over 1,000,000 real estate professionals in the United States. We are headquartered in Northern Virginia with remote employees across the United States and in Canada.
For more information on Remine, please visit remine.ca.
In Canada, the trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.