Spruce Introduces New White-Label Title and Closing Solution

Proptech companies are looking for increasingly diverse and robust services to provide their customers but can not always scale these offerings to their high standards.

Fremont, CA: Spruce, the proptech company powering online real estate transactions through technology, has announced SprucePowered, a new white-label title and closing services solution that empowers proptech companies to form their own title agencies and control the entire transaction experience end-to-end. SprucePowered partners benefit from providing a superior customer experience while activating an added revenue stream.

Proptech companies are looking for increasingly diverse and robust services to provide their customers but can not always scale these offerings to their high standards. SprucePowered offers a win-win solution, allowing partners to retain complete control of their customers' experiences while benefiting from Spruce's proprietary solution as well as industry expertise. The end result is a full-service model, as well as an entirely cohesive brand presentation for the customer.

  • Higher revenues: Partners create a wholly-owned, licensed agency–earning the title as well as closing revenue as the Title Agent and Settlement Agent–without the backend hassle.
  • White-labeled: With Spruce working completely behind the scenes, there is no brand dilution, leading to a fully owned experience and higher customer satisfaction.
  • Simple onboarding: Implementing SprucePowered is quite easy, with all backend services powered by Spruce's proprietary technology and workflows.

"Spruce has the operational expertise, tech capabilities, and deep client understanding required to achieve a seamless end-to-end experience for our partners' customers," stated Patrick Burns, CEO and co-founder of Spruce. "Offering SprucePowered as a white-label solution enables equal access to scalable title expertise for the many real estate technology companies looking to insource customer coordination and offer a frictionless customer experience."

Spruce has powered tens of thousands of transactions to this date for proptech companies, lenders, and also real estate investors and is growing 450 percent annually. SprucePowered is available across the nation.

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