Gainclients, Inc. (GCLT) Releases New Service For The Real Estate Industry
GainClients, Inc. (OTCPINK:GCLT) has announced the development of a new technology service called Mobile Earnest Money Deposit Service (MEMD) for the real estate and title industries. This service allows users to remotely deposit earnest money checks, enhancing convenience and security. By reducing the need for physical check delivery, the MEMD service aims to save time and cut costs for real estate agents and title companies. GainClients is already seeing revenue from this service and projects recurring income starting January 2021.
- Launch of the Mobile Earnest Money Deposit Service (MEMD) targeted at the real estate industry.
- Projected recurring revenue beginning January 2021 from the MEMD service.
- Reduces costs associated with manual courier services for title companies.
- None.
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TUCSON, AZ / ACCESSWIRE / November 19, 2020 / GainClients, Inc. (OTCPINK:GCLT) ("GainClients" or the "Company") is pleased to announce that it has developed a new technology service for the real estate and title industries. GainClients has informally named the technology Mobile Earnest Money Deposit Service ("MEMD"), which is an already well-established technology used by the banking industry.
Very much like mobile deposits, the Company's MEMD service provides the ability to take a picture of an earnest money check and deposit it into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the receiver. Proven to be secure by the banking industry, mobile remote depositing offers better protection against fraud, lost checks, and saves time.
For real estate agents, the service will eliminate the time spent picking up checks from their buyer clients and fees charged by title companies. For title companies, it will reduce the millions spent on manual currier services and overnight shipping costs along with expediting the escrow opening process. It's also a beneficial service provided by title companies to their REALTOR® partners that will strengthen existing relationships and forage new ones.
GainClients introduced the service earlier this year to several title companies in Indiana, Oregon, and Washington state and has already collected revenue from contractual set-up fees and is projecting recurring revenue in January 2021.
About GainClients, Inc.
GainClients products, the GCard, the Daily Opportunity Service, and Remote Deposit Capture, consist of custom formatted data and marketing services created for the real estate industry, including real estate agents and brokers, lender brokerages, title/escrow, and insurance companies and individual real estate, mortgage, and title and escrow professionals. Learn more at http://www.gainclients.com/.
CONTACT:
Patty Freeman, at info@gainclients.com or at +1.520.444.3550
Head office: 6245 E Broadway Blvd., Suite 400, Tucson, AZ 85711
Cautionary Statements
This corporate update contains "forward-looking information" that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
SOURCE: GainClients, Inc.
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FAQ
What is the new service launched by GainClients (GCLT)?
When is GainClients (GCLT) expecting recurring revenue from the MEMD service?
How does the MEMD service benefit real estate agents and title companies?
In which states has GainClients (GCLT) introduced the MEMD service?
