About BuyerDocs

Removing Wire Fraud

from Residential & Commercial Real Estate

WHAT IS BUYERDOCS?

BuyerDocs is the world's first and only secure method exclusively for sharing wire transfer instructions and other documents between closing companies and residential or commercial buyers and lenders. Approximately $1 billion is lost via wire fraud annually in the real estate industry alone.

BuyerDocs is modernizing the real estate world's way of transferring information to eliminate wire fraud and protect buyers, lenders, real estate agents, and closing companies from loss.

For a very low cost, closing companies can provide their clients the convenient and secure use of BuyerDocs, the new industry standard in sharing wire transfer instructions. Selecting wire transfer instructions and uploading any other client documents to the site is simple and easy, and keeps all parties involved safe from wire fraud and associated lawsuits.

BUYERDOCS HAS PROTECTED MORE THAN

$5 BILLION

IN WIRE TRANSFERS THIS YEAR ALONE

HOW IT WORKS

Built for security & simplicity.

Closing Company

Closing companies provide us their wire transfer instructions and designate Users who simply select the appropriate wire transfer instructions for each buyer or lender.

Closing company Users can add, notify, and delete buyers and lenders from the system. Closing companies also designate Admins who can add and remove other Admins/Users.

Buyer / Lender

No account creation or registration is required. To retrieve the wire transfer instructions, buyers and lenders simply log in on their own time using their email address and closing company.

Buyers and lenders can only view the wire transfer instructions for their transaction(s) and all information is securely protected. No more "secure" emails or tedious phone calls required!

SECURITY

All security. No hassle.

Encryption

All wire instructions and other files are encrypted using the Advanced Encryption Standard (AES) with 256-bit keys. AES is approved by the NSA and this encryption allows you to stay compliant with the CFPB and ALTA's Best Practices.

Rate Limiting

Logins are guarded by Google's reCAPTCHA, which prevents bots from performing brute-force dictionary-based attacks. In addition, front and back end systems automatically block malicious IP addresses which try to spam our servers.

Passwords

We have strict password requirements for Users, making it difficult for hackers to brute-force. All passwords are hashed before being stored, making it impossible to decipher. Best of all, no passwords are required for buyers or lenders.

Limited Access

Closing companies have complete control of access to their account. Unlike email, which every closing company employee has, there is a limited number of employees with access to BuyerDocs. Fewer accounts means fewer targets.

A FEW OF OUR PARTNERS

Used nationwide every day.

MARKET STATISTICS

0
Increase in real estate wire fraud in 2017
0
Wire fraud per year
0
Average down payment

SURVEY OF RECENT HOME BUYERS

How aware are you of the dangers of wire fraud in real estate?


aware_of_wire_fraud

If you became a victim of wire fraud, how likely are you to sue your title company?


likelihood_to_sue

CUSTOM BRANDING

Your brand matters.

Rebrand our service to your companyReceive a custom login portal/URL, and send  automated texts/notifications which read

“YOUR COMPANY has uploaded wire instructions to YOURCOMPANY.buyerdocs.com. Please check your email for details.”

In addition, emails will come from [email protected]

Give it a try!

SURVEY OF RECENT HOME BUYERS

0
Believe a bank or title company can recover wired funds
0
Average amount buyers are willing to spend on a service like BuyerDocs
0
Prefer a title company that uses a service like BuyerDocs

ADDITIONAL FEATURES

What else does BuyerDocs offer?

Two-Way Document Sharing

Upload and share documents with clients; allow them to send docs back, all within the same simple program!

Automatic Text Notifications

Send out automated text notifications any time new documents or changes have been made to a client's file. The texts will prompt the client to login to BuyerDocs to look at new documents.

Instant Email and Phone Number Verification

Our system instantly verifies email addresses and phone numbers, to make sure they are valid. If a digit is missing, or letters are transposed, the system will prompt you to review the invalid entry.

Personalized Notes Section

Include any personalized message you want to send to your client: closing costs, due dates, property address, or a quick thank you.

PASSCODE VERIFICATION

Protect your clients with an additional security step.

Property buyers who log in to BuyerDocs to receive their wire instructions will receive a passcode via phone number provided to the closing company. Clients can choose to receive the passcode via text message or automated phone call, using Google’s newest text-to speech API. The passcode locks down the client login to prevent unwanted access, and best of all, it is free of charge for our customers!

Please note that the passcode feature is optional, and closing companies must specifically request for BuyerDocs to enable it.

POST-CLOSE SOLUTION

Consolidate your pre-close and post-close processes into one simple system!

Simplify all of your data entry by entering your pre-close and post-close data into the same system - BuyerDocs! Host your client's post-close documents with BuyerDocs and pay the industry's lowest rates.

SEE IT IN ACTION

Fully functional demos.

Closing Company Demo

This demo will allow you to navigate BuyerDocs as a closing company Administrator. As a closing company Admin, you can simulate adding, notifying, and deleting buyers. You will have full access to the Admin dashboard to see how simple and seamless our service is to use.

Buyer / Lender Demo

For the buyer/lender demo, you can view the documents uploaded by the demo title company in the same way real buyers and lenders do. This demonstrates how easy and seamless the process is for buyers and lenders. No account creation or registration is required!

LENDERS

Used by nationwide lenders every day.

RISK-FREE 30-DAY TRIAL

Try out the service for as many or as few transactions as you'd like. If for any reason you are not completely satisfied, cancel anytime.