Real Estate eSignatures save time, space, and money
Real estate e-Signatures speed up the transaction and improve the efficiency of the eSigning process.
First, eSignatures can be more consistent than ink or wet signatures in that they only use one signature, which is a uniform signature that is repeated throughout the document packet.
Agents can also use electronic signatures to save space and storage. Real estate industry professionals who have been around for a while will recall the horror stories of years gone by when they had to file documents in cabinets.
eSignatures are great for convenience and time savings. Consider the multiple offers that you have received in the past.
What if you didnt have eSignatures to speed up the closing process?
Clients who are away from home or work long hours appreciate the time savings and ease of e-Signing a document or contract for the real estate sector.
This is a far better option than driving to an office to sign piles of paper.
Real Estate eSignatures Security
Clients and agents need to be confident that electronic signatures in real estate transactions are secure. The E-SIGN ACT (Electronic Signatures in Global and National Commerce) was signed by the federal government in 2000.
This allows for electronic signatures to be valid in transactions that have an impact on the interstate or international commerce. The E-SIGN Act covers real estate transactions with some exceptions (e.g., family law and wills).
To ensure security deposit and safety, most real estate eSignatures include a timestamp as well as other identifying elements.
The eSignatures of go above and beyond the minimum compliance standards in order to provide the best eSigning experience.
Every e-Signature is verified and certified to include a unique signature ID and time and date as well as information about the signer and IP address.
Every change is also tracked and logged at both the field and document levels. You can access this information in many ways within the application.
Because's electronic signatures are embedded in the document, each signed document that is exported contains a link in its footer.
This allows for verification and fraud prevention. This makes it possible to keep a record of any version that has been exported from real estate transaction management software in case someone attempts to alter it fraudulently.
You get more than just eSignatures
E-signatures represent a small part of our work. Real estate agents can create exceptional buying and selling experiences without the need for additional systems such as task management, document editing, storage, and text tracking.
Helping Clients Navigate Real Estate eSignatures
Some clients might be intimidated by eSignatures despite their many benefits. Some clients may be unsure if eSignatures can be legally binding.
Clients with less technical skills may require more assistance during the eSignature phases.
These e-Signing tips will help you better prepare buyers and sellers to have a smooth experience with e-Signing.
1. View All Documents With Clients Before They E-sign
Video is a great way to show the contract to the seller or buyer and explain the screening process.
Agents can connect with clients over the screen recorder using the platform to view comps and explain MLS data. They can also review contracts while they e-sign.
This tool allows you to see your client's faces as they go through the buying process.
2. E-signatures Can Navigate Documents
Uninitiated can find eSignature documents daunting, especially for something as important and complex as a real estate contract.
Your client will be relieved if you explain to them how the eSignature platform works. The auto-scroll allows the document to automatically move from one signature field to another.
You can also share the PDF guide as a step-by-step guide with clients less familiar with eSigning.
3. Don't Let Them Skin That They Use A Safe, Secure Platform
E-SIGN Act compliance allows real-time collaboration. This is more secure than standard PDF signing solutions. It also makes it possible to manage all versions of a real estate transaction from one location.
This rental process has been patented in real estate. You and your clients will be able to e-Sign with confidence and trust.
How to use eSigning Real Estate Documents
This guide will show you how to electronically sign your real estate documents and contracts using eSignatures. It is quick, simple, and secure.
2000 was the year that eSignatures became a legally binding and recognized form of signature under the federal government's ESIGN ACT.
E-SIGN Act compliance is complete. This allows real-time collaboration. It also makes it more secure than standard PDF signing solutions.
Real estate transactions can be managed in one place, making it even safer. This selling process has been patented in real estate.
Because e-Signatures can be embedded in the document, each signed document that is exported contains a link in its footer.
This allows for verification and fraud prevention. This means that we can easily access the most recent version of any document if it is altered fraudulently after it has been exported.
