Like many of you who deal with rental properties, PayYourRent.com was sending out 40-50 contracts per month to property owners and managers. The process of getting the paperwork signed was painful – they either had to print and fax the agreement or send it through regular mail.
This led to an attrition rate of almost 50% – 50% of the contracts they sent out were simply not being returned. This is a problem for any business, and an especially big problem for a small business.
When one of their partners sent them an agreement to eSign with EchoSign, they realized that this was something they could probably also leverage. In short, they had an “aha” moment. “The signing experience was pretty cool and we thought, we could use this tool for our business,” said Kevin Eberly, CEO, PayYourRent.com.
Since using EchoSign, PayYourRent.com has seen their contract attrition cut in half. “With EchoSign more of our contracts are signed, and they are signed faster,” said Kevin. “All the effort of getting contracts signed is lifted from our shoulders and our contract process is a lot more organized since every document is filed electronically.”
Are you having challenges with your rental property processes? Click here to read the entire case study.
Beth Bourg is a Marketing Manager at Adobe EchoSign, focusing on the real estate industry and other vertical markets. With over 6.5 million users, EchoSign is the leading e-Signature provider, delivering efficiency and security to the signing process for all types of contracts and documents. Real estate and related organizations such as Atlantic Realty, Ashoka Lion, Foxtons Estate Agents, PayYourRent.com, Pulte Homes, Realty Inspection Services of Dallas Fort Worth, Rockies Rentals, Stan White Realty & Construction and VacationRentalPros use EchoSign to streamline and accelerate the signing process and improve customer satisfaction. Try it for free today!