By Paul Hagey | inmannews
The Arizona Association of Realtors says it has canceled a licensing agreement with transaction management company dotloop over security concerns associated with the dotloop platform’s access to the trade group’s real estate forms.
Last October, AAR signed a deal with dotloop that would allow the firm to pay a licensing fee to access the association’s library of real estate forms and make them
available to AAR members who are also clients in order to review, negotiate, counter and sign deals digitally.
On Tuesday, AAR alerted its more than 38,000 members in a blog post that it had canceled the agreement because, after 11 months of trying to ensure that its forms couldn’t be accessed and used by unauthorized users via dotloop’s platform, “concerns remain about whether or not AAR forms are fully protected from improper use.”
