Why use an Electronic Signature for Real Estate?
Electronic signature technology allows your clients and everyone else to sign documents during the home-buying process.
When you handle real estate agreements digitally, you can eliminate many inefficiencies from the home buying process.
Thanks to electronic signature technology, your brokerage company can:
- Sharpen your competitive advantage: Today’s shoppers are more informed and digitally savvy than ever before.
Agents are under increasing pressure, especially as millennials dominate the market.
To do your job well, you need a set of digital tools that meet the high expectations of your customers. Get started with your paperwork—and eliminate the endless paperwork that needs to be printed, signed, mailed, and faxed. - Close the deal quickly: As an agent, your job involves real estate forms that can take time to complete.
Any delay in this process increases the likelihood that tired customers will move on and ask their friends to do the same.
According to the National Association of REALTORS®, its members rely on repeat clients and referrals from previous clients to account for up to 30% of their business. - Spend more time with clients and less time on paperwork: Real estate is built on relationships that are built to exceed client expectations.
This now means delivering the on-demand digital experiences that buyers and sellers expect.
For example, clients hate being asked to fax a sales contract to fill out or print, sign, scan, and mail seller disclosure forms.
With electronic signature technology, you can significantly improve your customer satisfaction.
Digital agreements and electronic signatures can save you time and eliminate the administrative tasks of managing physical documents and re-entering data that put you at risk.
- Save time and money: Electronic signatures eliminate the costs associated with printing, sending, and storing documents.
By replacing manual workflows with digital signatures and automated processes, you can run your business faster and at a lower cost.
Alos Read | E-Signatures in the Real Estate Industry
Complete Transactions Faster with Remote Online Notarization (RON)
Agents understand that signing is just one step in the buying and selling process.
To complete the sale, documents must be signed and notarized.
However, the process of coordinating buyers, sellers, and their respective agents can be a major logistical undertaking that could potentially delay closing.
To quickly sign and notarize documents, real estate agents can use a remote online notarization (RON) solution to notarize electronic signatures from anywhere in the world.
With RON you can:
- Offer your clients flexibility in time and location: RON eliminates the need for physical presence, allowing real estate agents to complete notarization procedures at their convenience.
This flexibility is especially useful when working with clients or properties in different states or countries. - Reduce administrative burden: Real estate agents often handle a significant amount of paperwork, including contracts, deeds, and other documents.
Remote online notarization simplifies the notarization process by reducing the need to physically transport documents. - Improving the security of notarization: Reputable RON solutions use advanced security measures to ensure the authenticity and integrity of the notarization process.
This can reduce the risk of fraud and provide a higher level of security than traditional notarization methods.
Also Read | How The Real Estate Industry is Thriving with E-signatures
A One-Stop E-Signature Solution for Real Estate
Although most agents use electronic signatures, signing is only one part of the document management process.
For many, the rest of the job is still a disjointed and frustrating process: moving from one system to another searching for and downloading forms, filling out each form manually, uploading it for signature, and uploading final copies for storage elsewhere.
A manual process slows agents down, exposes them to errors, and wastes time that could be better spent growing their business.
Wesignature, eSignature for Real Estate is an all-in-one solution for agents that streamlines the transaction process by providing tools to access and quickly complete state and local association forms, obtain electronic signatures, and organize forms in one place.
It includes:
- Forms of real estate: Agents have access to the latest state and local association forms with pre-posted data fields and auto-fill capabilities to quickly prepare agreements.
- Transaction workspace: Agents can easily view and organize multiple transactions, including forms and documents, from one location.
Also Read | How e-signatures for Real Estate Can Boost Your Bottom Line
Four Ways Wesignature eSignature Can Help
Wesignature, an electronic signature, is designed to simplify the transaction process so agents can spend more time with customers and close deals faster while reducing administrative costs. With an electronic signature, you can:
- Enter in seconds: When you set up your account, you can choose a signature pre-generated by Wesignature or draw your signature to use every time you communicate with clients.
- Personalize your digital communications: Just upload a photo and your clients can benefit from their excellent service.
- Develop your brand: Add professional branding to every email or digital document you send.
- Save time: Use electronic signatures to distribute forms to all stakeholders as part of an efficient workflow.
Don’t wait to start experiencing the benefits of electronic signatures for your business.
Wesignature offers several estate plans that are priced to fit your budget. And because we partner with NAR (we are their exclusive electronic signature provider), we can offer special pricing for NAR members.
If you’re ready to evaluate your options, check out WeSignature Real Estate’s pricing plans.
