OneMove Wants to Run Complete Real Estate Transaction Process

OneMove Technologies took the first spot on Business in Vancouver's Fastest Growing Companies list. Over 1,000 lawyers use their web based software, e-conveyance, to process ~6,000 real estate transactions per month. Now they're looking to expand their context:

“We have the banks, we have the title insurance companies. Now we’re bringing the realtors on [board],” said Martin Johnson, OneMove’s president and CEO.

The Vancouver company’s primary revenue sources are lawyers and notaries, but in July it launched e-conveyance 8.0. The latest upgraded version of its software includes a new user interface for real estate agents.

Realtors can now begin a real estate transaction through the online platform and then invite lawyers and notaries to access the paperless files.

OneMove’s goal is to electronically link together all the participants in the property transfer process.

OneMove's market has been limited to BC, Ontario, and the UK because jurisdictions must first allow the submission of such documents with digital signatures. In BC, electronic filing of land titles is set to become mandatory by 2011, which will be a boon to OneMove's business.