AUSTIN, Texas (July 10, 2019) – BuyerDocs, an online service dedicated to protecting title companies and property buyers from real estate wire fraud, has legally changed its name to ClosingLock, LLC. The new name better incorporates the company’s growing systems and expanded offerings, which now include two-way document sharing, automated text message notifications, and passcode verification.
ClosingLock CEO and Cofounder Andy White, Ph.D., said that the company has been planning this name change for some time, along with the addition of several new features which are set to launch in the coming months.
“We are excited to offer our customers an even more robust additional features list, which will soon include an e-signing solution,” White said.
ClosingLock is modernizing the real estate world’s method of transferring data; its goal is to eliminate wire fraud while protecting buyers, lenders, real estate agents, and closing companies from loss. With ClosingLock, closing companies can share wire transfer documents via a secure web-based service, allowing everyone to avoid the email and phone phishing scams so prevalent in the real estate industry.
In 2018 ClosingLock (under the BuyerDocs name) protected more than $6.3 billion in real estate wire transfers while being used in all 50 states and 28 countries worldwide.
For more information about ClosingLock, please visit https://www.closinglock.com/about/.
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