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The Expert Podcast brings you firsthand narratives from experts across diverse industries, including private investigators, general contractors and builders, insurance agencies, vehicle specialists, lawyers, and many others.
So many of you have asked how exactly we are working on getting vehicle titles easier to obtain so they're not, you know, paper documents—old school—and are more electronic. As part of the eART Coalition, we are working state by state tirelessly to get states to adopt electronic titles. Here's an example of how that works. This is a directive we are working on with the state of Massachusetts, and here are all the gatekeepers and stakeholders that are involved. Here’s us right here: car titles, you see.
You also have ADESA, one of the largest auto auctions, TRAR, which is a major automotive company, and Copart, which is a salvage auction. There are a lot of major players in the automotive and document industry. We put together a project with each state based on what their rules are. This particular inquiry went directly to the Lieutenant Governor of Massachusetts, and it says: “The undersigned signatories would like to request your support in directing the Registry of Motor Vehicles (RMV)—that’s what they call it in Massachusetts, not the Department—to adopt necessary rules or policies to facilitate the acceptance of electronic signatures on all documents required to complete motor vehicle title transactions.”
It's real simple. We put the supporting information and the different benefits. Your video will be back in 8 seconds. In the meantime, remember you have access to live one-on-one consultation with the undivided attention of a licensed, certified expert in this subject and many others. We want to listen to your story, hear your questions, and give you expert advice on your options. We want to tell you what we know about your situation and what options you have. Now, back to your video.
It's tedious because we have to do it one state at a time. It's not like there's a national title system; every state has a separate vehicle title process. So this is how we do it: we go through the state's rules and regulations, find out who handles it, put together a package for them, and offer support. As they're doing this, they might need programming, knowledge of other states, or information from third-party vendors like the companies you see on this list. All of those companies are involved with the title process, and the states want to make sure that third-party vendors are also part of the solution.
Each of us is committed as a company to providing support for the state to be able to do this, but also to make it easy for them so there's no friction in this changeover. This is how we're working on it. It's happening behind the scenes, and it may take a few years to have this all done, but we're doing it one state at a time. It has been very successful. As you probably remember from previous videos, the state of California put a lot of their titles on the blockchain, which is a great start, and other states are doing the same thing.
We will not stop until we make it easier for consumers to get titles for vehicles because we know how hard it is. We understand what kind of problems you face when trying to get titles for vehicles. At the moment, we try to make it easier by handling the paperwork for you if you want, but in the long run, we want to make it easier for everyone so you don’t need professional assistance just to get a title for a car. If it's your car, you should have a title.
If you like this video, be sure to check out a few others on our channel to see if there's more information that might be helpful to you about this subject or other related topics that could assist you with resolving your issue.