The real estate industry is one of the most heavily regulated and document-driven industries in the world. With millions of documents being signed every single day, traditional methods used for signing documents like ink-signed or wet signatures need to be faxed, scanned, and emailed before they can be stored. This process can be extremely time-consuming and expensive when done manually without the help of technology. 

Fortunately, electronic signatures have revolutionized this process by allowing real estate professionals to securely sign important documents with a few simple clicks. 

E-signatures have proven to be a valuable tool for streamlining the real estate process. From sales contracts to rental agreements and closing documents, e-signatures allow users to quickly and securely sign documents online. The use of e-signatures within a real estate transaction can provide many benefits for agents and brokers by helping to save time and money, and increase efficiency. 

By utilizing this technology, the real estate business can significantly boost its bottom line. But finding the right solution can be overwhelming. With so many options available, it can be difficult to determine which one is best suited for your needs. So let’s take a look at what real estate agents need in a modern signature solution.

Legally binding e signatures

Realtors need an all-in-one solution that can help them quickly manage contracts, escrow accounts, and other documents while providing an easy-to-use interface so clients can quickly get up to speed with what’s necessary in order to complete their purchase or sale. The right electronic signature solution should also provide a secure environment where confidential information remains safe from prying eyes.

Fortunately, almost every modern e signature solution is considered legally binding, as long as it follows the guidelines set down by the Electronic Signatures in Global and National Commerce Act (ESIGN). This act was established in 2000 to provide a uniform legal framework for digital signatures across all states.

The ESIGN Act requires that electronic signatures be secure and reliable enough to guarantee that they are being used correctly. Additionally, some key elements must be included in order to ensure validity. 

These elements include an identity verification process such as two-factor authentication and a timestamp indicating when the document was signed. By verifying these elements, documents can be proven to have been signed by the right person at the right time with no doubt about authenticity or integrity of data.

No document limit

Real estate agents today are busier and more successful than ever. With their success, however, comes the need for a modern signature solution that can keep up with their demands.  

Electronic signature services offer a variety of features for users, but one feature that some people may not be aware of is that many services limit the number of documents that can be sent for signing. This limitation can be problematic for highly-productive agents who need to send a high volume of documents on a regular basis.

That’s the reason, “no document limit” is an important feature real estate agents should look for when considering a signature solution. Without it, they might find themselves struggling to keep up and losing out on potential deals. 

An electronic signature creator with no document limit will allow real estate agents to send an unlimited amount of documents for signing instead of being limited to only one or two documents at a time. 

This will save them time and help them close deals faster by allowing them to send all of the necessary paperwork in one go, rather than having to piecemeal out each document separately. Not only will this save time, but it will also simplify the process by providing everything in one place so that nothing gets lost or forgotten along the way.

Document management

In a world where data is the new currency, document management is essential for real estate agents. 

Real estate agents need a secure digital platform that allows them to manage all of their documents in one central location. Secure document storage helps protect sensitive information from being accessed by unauthorized personnel, so it’s important for agents to invest in solutions that are compliant with regulatory requirements.

Well, the good news is, along with improved security, some of the modern signature solutions also provide convenience and collaboration features such as online signing, real-time tracking, and auditing capabilities. This can helps real estate agents to streamline the process of getting contracts signed quickly and securely, saving time and hassle for everyone involved. 

Easy document revision

Creating documents may sometimes cause agents to fall behind in their marketing and contractual activities. After a legal agreement has been drafted in Microsoft Word, it needs to be converted into PDF format then uploaded to an online digital signature service.

To make matters worse, if a document requires changes after it has been drafted, the realtor need to repeat the process in order for both parties to reach a final agreement. 

This back-and-forth can quickly become tiresome and tedious, especially as deadlines approach and tensions run high.

But with the right e-signature solution agents can now streamline their document revision process. From e-signing documents to allowing clients to review documents remotely, agents can save time and money while improving their customer satisfaction levels.

Fresh Proposals allows agents to create contract templates for any agreements that need to be made with their clients. Agents can customize the template with any relevant details, add images and videos, and even automate certain parts of the process. Once complete, agents can use the same platform to send out agreements electronically so that all parties involved are on the same page. 

Fresh Proposals also provides an efficient way for agents to track and manage contracts. They can easily see which documents have been sent out and whether or not they have been accepted by each party. Not just that, with this proposal software, agents, can quickly review documents before sending them out as well as make necessary modifications if needed while keeping all versions within the same platform.

Conclusion

In conclusion, using e-signatures for real estate transactions is a smart move for any business. It can help boost the bottom line by reducing the time it takes to close deals and increasing customer satisfaction. It’s also more secure than traditional pen-and-paper methods and can be used with both digital and physical documents. Not only does it save money, but it also helps organizations meet compliance requirements and reduce risks of fraud.