GainClients, Inc. Forges New Relationship with Abstract & Title

Rhea-AI Summary

GainClients, Inc. (GCLT) announced the launch of Remote Deposit Capture Services (RDC) for its new client, Abstract & Title in Danville, IN. This service allows clients to deposit funds directly into A&T's escrow account using smartphones. The RDC service saves A&T significant costs in courier fees and employee time, improving efficiency for buyers, realtors, and title representatives. Ed Laine, CEO of GainClients, expressed enthusiasm for the partnership, emphasizing the system's security and user-friendliness, which enhances relationships within the real estate community.

Positive

• Launch of Remote Deposit Capture Services for Abstract & Title may improve efficiency in real estate transactions.
• The service can save A&T thousands in courier fees and employee time, enhancing operational cost-effectiveness.
• The platform allows for secure, quick, and user-friendly deposits, appealing to tech-savvy clients.

Negative

• None.

TUCSON, AZ / ACCESSWIRE / November 16, 2021 / GainClients, Inc. (OTC PINK:GCLT) ("GainClients" or the "Company") is pleased to announce that it has launched Remote Deposit Capture Services ("RDC") for their newest client, Abstract & Title based in Danville, IN ("A&T"). This relationship gives A&T the ability to allow all of their clients; Buyers and Sellers, Realtors and even their own Title Sales Representatives, the ability to use their Smart Phones to deposit funds directly into A&T's Escrow Account.

Any real estate transaction is typically initiated by an Agreement and an immediate deposit, made by the Buyer of the property, to demonstrate "good faith". This deposit, in most states, is called an "Earnest Money Deposit". GainClients' RDC Service allows this deposit to occur digitally, saving A&T thousands of dollars in courier fees and their employees' time.

"We are thrilled to have GainClients' Remote Deposit Capture Service as an additional option for our customers. This tool allows for great efficiency and convenience for not only our Abstract & Title team members, but most importantly, for our Realtor partners and buyers. The system is secure, quick, and extremely user-friendly. The remote deposit platform allows us to easily monitor and balance our incoming earnest money deposits. It's been a welcomed time saver for us", said Beth Ford, A&T's lead Sales Representative and the person that spearheaded this project for A&T. "As we are seeing a shifting trend in our area for the title company vs. the real estate office to hold earnest money funds, we needed more options, and this tool became a necessity for us. Customers want options, and the GainClients' tool gives our tech-minded buyer a tool they can easily use. We are thankful to have this tool available", Ms. Ford went on to say.

"We could not be happier than to have Beth and her team up and running on our System. They have brought an enthusiasm to the project and have even helped us make our solution better. We look forward to building on this relationship for many years to come." Said Ed Laine, the Company's CEO.

Mr. Laine went on to say "Abstract & Title was the first company that we launched on the System, and we could not have asked for a better partner."

The Company's Remote Deposit Capture 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 significant time and money for the Title and Escrow Companies that use the software.

For the real estate agent, 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 courier services and overnight shipping costs. In addition, the system will expedite the escrow opening process, as well as solving their disbursement and/or refunds to avoid becoming Dormant Funds. It's also a beneficial service from title companies to their REALTOR® partners that will strengthen existing relationships and forge new ones.

About Abstract & Title.

Abstract and Title is headquartered out of Danville, IN, but has 8 offices to serve the community. With over 100 years of experience, their service and knowledge is unrivaled in the marketplace. They are committed to tailoring their services to meet the needs of their clients. They also have immediate access to local legal counsel which allows them to address almost anything that may otherwise delay a closing. Learn more at: https://abstract-title.com/

About GainClients, Inc.

GainClients products, the Remote Deposit Capture Tool or RDC, the GCard, and the Daily Opportunity Service, 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.thegainclientsway.com/.

For More Information:

GainClients
Ed Laine, at info@gainclients.com or at +1.206.229.5515;
Head office: 6245 E Broadway Blvd., Suite 400, Tucson, AZ 85711

Abstract & Title
Beth Ford, at bford@abstract-title.com or at 1.317.507.3950
Head office: 71 W. Marion Street, Danville, IN 46122

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.

View source version on accesswire.com:
https://www.accesswire.com/672962/GainClients-Inc-Forges-New-Relationship-with-Abstract-Title

FAQ

What is GainClients, Inc.'s recent development regarding GCLT?

GainClients, Inc. has launched Remote Deposit Capture Services for Abstract & Title, enhancing efficiency in real estate transactions.

How does the Remote Deposit Capture Service benefit Abstract & Title?

The Remote Deposit Capture Service allows Abstract & Title to save costs on courier fees and streamline the deposit process for clients.

What are the expected advantages of GainClients' RDC Service for real estate transactions?

The RDC Service improves the transaction process by providing quick, secure deposits and reducing the time spent on manual check handling.

Who is the new client of GainClients, Inc. mentioned in the press release?

The new client is Abstract & Title based in Danville, IN.

What is the impact of GainClients' new partnership on GCLT stock?

The launch of the RDC Service for Abstract & Title is likely to positively influence GCLT stock by enhancing operational efficiency and client satisfaction.