Uniform property informationQ: Is there an organization working on standardizing and streamlining the property records & transaction process in the United States so that we can have more efficient and greener real estate transactions in the future?

A: Why yes! In fact PRIA (Property Records Industry Association) is devoted to working on such things!

And we have had the privilege of having a brief phone interview with one of PRIA’s advisory council members, Mark Monacelli. In 2007 Mark was recognized with the PRIA Carl R. Ernst Award for Unique Industry Leadership. In the interview below, Mark explains what they do and how they are working to create higher and greener standards in the Real Estate industry.

PRIA is a non profit that develops standards and best practices on specific subjects within the Real Estate Industry. They create standards for a wide range of things including document formatting, eRecording standards, and a uniform set of standards from loan origination to closing for all states in the US.

If you have ideas, questions, or feedback on how you think the Real Estate Records process could be more efficient, please chime in by commenting below.

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