You may be wondering if it is "worth it" to add an electronic signature to your real estate business model. If you mean "worth it" as in "will it save me time, money and will it impact my business in a positive way?' the answers is a very loud - YES!!
Don't take our word for it, DocuSign subscribers have spoken. We surveyed our subscriber base and asked them a lot of questions. We asked our subscribers how DocuSign has made an impact on them and their business. Curious as to what they said? Keep reading.....
Survey Results:
When we asked DocuSign subscribers to rank order from highest to lowest what was the primary reason they choose to purchase DocuSign, here are the top 5 reasons:
- Make transactions easier for your clients
- Save time
- Be more productive
- Be current/ahead of technology
- Gain a competitive advantage
When we asked DocuSign subscribers to rank order from highest to lowest what they like most about DocuSign, here are the top 5 answers:
- I don't have to send faxes
- I can route my forms for signature to multiple parties at one time
- My clients like it!
- Allows me to close transactions faster
- Easy-to-use
When we asked DocuSign subscribers to rank order from highest to lowest which real estate forms they have signed via DocuSign, here are the top 5 forms:
- Purchase and sale agreement
- Lead-Based Paint disclosure
- Buyer Agreement
- Exclusive Listing agreement
- Seller Disclosure Statement
When we asked DocuSign subscriber's to tell us how much time they were saving by adding DocuSign to their business, here's what they said based on percentage by category:
|
Time Saved |
% of Agents |
|
Less than 1 hour |
18% |
|
1-5 hours |
51% |
|
5-10 hours |
22% |
|
10-15 hours |
5% |
What does this really mean? That on average our subscriber's save 6.6 hours each week! That is almost a whole business day. What would you do if you had an extra day? Work more? Play more? Either way, we could all use some extra time.
Okay, so here is the summarization to the question - Do e-signatures really help my business?
And the answer is ‘YES!" if you want to:
- Make transactions easier for your clients
- Save time
- Be more productive
- Be current/ahead of technology
- Gain a competitive advantage
- Throw out your fax machine!
- Route your forms for signature to multiple parties at one time
- Make the signing process easier and more convenient for your clients
- Close transactions faster
- Save over 6 hours each week!
That's great but it's too expensive
Really? In this case, I believe "expensive" to be subjective.
Let me ask you this - How many lattes do you buy each month? How many smoothies do you buy each month? How much are you willing to spend to make your life and more importantly, the life of your client's easier? How about a mere $15.95/mo on the annual prepaid plan? It's true! That's all it would take to make a significant difference in your business. Seems like a small price to me.
Let me break it down for you using the ‘monthly pocket cash fund'. You know what this is, this is the fund you put in your pocket and spend cash for items and you ask yourself - ‘Where did all my money go?'. We all have one of these.
Pocket Cash Fund - Monthly Spend
|
1 latte per week, 4 weeks |
$16.00 |
|
1 smoothie per week, 4 weeks |
$20.00 |
|
1 lunch @ restaurant, 4 weeks |
$50.00 |
|
1 Fast food lunch per week, 4 weeks |
$24.00 |
|
DocuSign Professional Annual Prepaid |
$15.95 |
Now let's take a look using the average business budget, per month.
Business Budget Essentials - Monthly Spend
|
Cell Phone |
$ 100.00 |
|
Printing costs |
$ 100.00 |
|
Gas |
$ 300.00 |
|
Internet |
$ 60.00 |
|
Insurance |
$ 100.00 |
|
DocuSign Professional Annual Prepaid |
$ 15.95 |
Okay, so now I've told you all the great benefits and reasons why current DocuSign subscribers love DocuSign, remember, it's their word, not mine or DocuSign's. I've shown you how much ‘bang you get for your buck'. So what are you waiting for? Get DocuSign today! You'll be happy you did.
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