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NEW YORK, Jan. 12, 2021 /PRNewswire/ --Spruce, the proptech company powering online real estate transactions through technology, today announced SprucePowered, a new white-label title and closing services solution that enables proptech companies to form their own title agencies and control the entire transaction experience end-to-end. SprucePowered partners benefit from offering a superior customer experience, while activating an added revenue stream. (PRNewsfoto/Spruce) Proptech companies are seeking increasingly diverse and robust services to offer their customers, but can't always scale these offerings to their high standards. SprucePowered offers a win-win solution, enabling partners to retain complete control of their customers' experiences while benefiting from Spruce's proprietary solution and industry expertise. The end result is a full-service model, and an entirely cohesive brand presentation for the customer. SprucePowered Benefits Higher revenues: Partners create a wholly-owned, licensed agencyearning the title and closing revenue as the Title Agent and Settlement Agentwithout the backend hassle. White-labeled: With Spruce working completely behind the scenes, there is no brand dilution, resulting in a fully owned experience and higher customer satisfaction. Simple onboarding: Implementing SprucePowered is easy, with all back-end services powered by Spruce's proprietary technology and workflows. Low barrier: Partners receive expert guidance and operational supportfrom onboarding to everyday execution. Scalability: SprucePowered enables ambitious growth and expansion by providing nationwide expertise and a flexible resourcing model. Predictable outcomes: Partners define and control their desired customer experience, with consistent speed, transparency, and reporting. "Spruce has the operational expertise, tech capabilities, and deep client understanding required to achieve a seamless end-to-end experience for our partners' customers," said 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 date for proptech companies, lenders, and real estate investors, and is growing 450% annually. SprucePowered is available nationwide.ABOUT SPRUCESpruce is digitizing real estate transactions for forward-thinking real estate companies and mortgage lenders. By leveraging proprietary technology and best-in-class operations, Spruce provides a seamless, affordable solution. Spruce was founded by Andrew Weisgall and Patrick Burns in 2016, and is headquartered in New York with hubs across the U.S. Learn more about how Spruce can bring your business digital: www.spruce.co.CONTACTHadley SteckerDirector of Communications[emailprotected]978.473.1754SOURCE Spruce Related Links https://spruce.co/

Answer: Spruce Launches New White-Label Title and Closing Solution SprucePowered Offers End-to-End Customer Experience; Enables New Revenue Stream