-- Radius, the first AI-powered brokerage platform for top-producing teams and brokerages, today announced the launch of Radius Escrow in California. This expansion strengthens Radius's commitment to providing a comprehensive, end-to-end platform for real estate brokers and agents to seamlessly manage all their transactions.
Radius Escrow offers complete escrow services for residential transactions, short sales, and land and mobile home purchases across California. The service integrates seamlessly with Radius's existing technology platform, enabling agents to more easily manage their transaction workflow without switching between multiple vendors or systems.
"This launch represents another important step toward our vision of a unified end-to-end solution for real estate transactions," said Biju Ashokan, Founder and CEO of Radius. "California agents can now easily open escrow with Radius while handling all their documentation, payments, and compliance needs on the same platform with the same team. It's about eliminating friction and keeping everything under one roof."
The escrow service addresses a key pain point for real estate professionals who typically juggle multiple service providers throughout a transaction. By consolidating escrow services with Radius's AI-powered brokerage platform, agents can provide clients a more streamlined experience while reducing administrative overhead.
Radius Escrow provides comprehensive support including deposit handling, escrow instruction preparation, tax proration, lender payoffs, and transaction closings. The service specializes in complex transactions such as short sales, requiring expert negotiation handling and thorough documentation management. For land and mobile home transactions, Radius Escrow offers customized strategies, title clearance, and permit verification services.
The launch comes as Radius continues expanding its comprehensive brokerage solution. The company recently introduced Mel AI, its intelligent assistant that automates documentation, compliance, and client communication. It currently supports over 200 real estate teams nationwide with backing from industry leaders including Pete Flint (Founder of Trulia), Spencer Rascoff (Co-founder of Zillow), Gokul Rajaram, Cota Capital, Sierra Ventures, Crosscut Ventures and Atlantic Vantage Point.
Radius Escrow is available immediately to all California-based Radius partners and their clients. The service currently operates exclusively in California, with plans to expand into other states in the near future.
About Radius
Radius is the premier tech-driven brokerage firm for real estate professionals eager to grow their brands and profits. Radius empowers real estate brokerages and teams to grow their businesses while saving them time and money. Visit https://www.radiusagent.com/ to learn more.
Contact
Heather Hook
KeyCrew Media
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Release ID: 89175686
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