10-15 other branches on standbySo half a million transactions within a month (500,000)
Between 3 different title insurance companies alone.
Im not clear on if that means 3 branches of Title Security of Arizona
or all branches under different companies. ex. 30 branches running RealBlock through Landmark, TS of arizona , etc.
otherwise,
Roughly priced at 21-22 dollars a transaction.
Now lets say it was a slow introduction, testing etc.
maybe only 20,000 transactions was done using RB.
Thats still 400K $, Over 6 months would be roughly 2.4M. Making it nearly 5M over 12 months.
But also mentioned price of transaction can increase to 40$ roughly, with a document collaboration. Kicks in 6 months through the program. So start of next month.
Likely other costs and factors will play a role, but just seeing how raw the numbers can be at 21$ a transaction. Even if we meddled around 5-10k transactions a month between feburary up to now. Would be 500k+. Not amazing but something.
Very excited to see the numbers.