Me and My Econtracts Sitting in Baggage Claim!

By
Real Estate Agent with Monument, Black Forest, Falcon, Fountain homes

Thank goodness we have the technology we do for our communication needs.  Never again should I need to rush to find a fax before shops close.    

 I was finishing my week and trying to catch up before my 6 AM flight on Friday. It had been an incredibly busy week; I'm sure due to my upcoming trip. The icing on the cake was receiving a call Thursday afternoon that my buyers were approved for a loan.  Great news- bad timing.  They had been anxiously awaiting word from the lender so we could jump to make an offer on a home.  Fast forward to 8:30 at night as we are sitting around the table with my tablet writing offer on a Colorado Springs home.

 Checking my email one last time at 04:30 Friday before heading to airport and I find my counter.  Not great but a counter.  So now I'm guzzling my coffee and running some scenarios to make the numbers jive.  I've got a plan and write email to listing agent/seller asking if my idea might work.  Hit send- head for first flight. 

 

Using econtracts for Colorado Real Estate

 

 What transpires is an almost comical day of juggling phone calls, texts, and emails in-between plane changes and various time zones.   After some very creative negotiations buyers and sellers have come to an agreement.  I'm sitting in the baggage claim jumping onto Internet using electronic contracts and writing the newly accepted counter (which does not even resemble original) and zipping it over to all parties for signatures.   

 I get an email notice when all have signed, and I forward docs onto lender and make sure listing agent has access to forward to Title.  Create an interactive calendar for buyers to follow.  All this done without once having to think of where a copier might be and the nearest fax is to be found. 

 My buyers are under contract and I'm on the beach in St. Pete all due to the ease and convenience of electronic contracts, my air card, and our PDA cell phone systems. 

Using Econtracts for Colorado Real Estate

I don't know about my colleagues but I know my business would not be what it is without the use of today's technology especially the availability of electronic contract systems. 

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Rainmaker
217,625
Yvette Chisholm
Long & Foster Real Estate, Inc. - Rockville, MD
Associate Broker - Rockville, MD 301-758-9500

It is amazing how much technology has advanced.   The lenders still seem to like the manual signatures (as well as the sellers).  Good for you Lorraine - hope you enjoy the beach!

Jul 05, 2010 03:07 AM #1
Rainer
182,498
Ashley Sharum
972.978.3109 - Dallas, TX
Ebby Halliday Realtors

Agreed with you completely, Lorraine! Without my iPhone on my recent trip to Jamaica, I'd be dead in the water! Amazing how much easier technology makes our lives.

Jul 05, 2010 03:08 AM #2
Rainer
127,804
Julissa Jumper
Select Properties of Fayetteville, LLC - Fayetteville, NC
Fayetteville, NC Real Estate

Lorraine: Isn't it really amazing! Hard to remember the time when the fax machine was a gee-whiz invention! I just can't imaging what is next, but I like it!

Jul 05, 2010 03:11 AM #3
Rainmaker
621,734
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I love technology!    My husband is living out of state now...so when i go and visit him I can still do business,.....it is great!    I have a transaction coordinator that can facillitate getting the signatures if need be!     I love it!

Jul 05, 2010 03:21 AM #4
Rainmaker
1,282,998
Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

This new technology sure does make it easier when your client does not live in the area.

Jul 05, 2010 03:24 AM #5
Ambassador
2,759,162
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Lorriane, I am a techie. And, yes, where would we be without our technology. But then, I remember when fax machines were the latest and greatest...

Jul 05, 2010 03:34 AM #6
Rainer
93,559
Lorraine Sayer
Monument, Black Forest, Falcon, Fountain homes - Colorado Springs, CO
Realtor ABR,CDPE,GRI - Colorado Springs,CO RE/MAX

Yvette: It does seem silly to have to chase clients down for real signatures before closing to appease the lenders but at least for the original contracts we can use electronic signatures and we can write the contracts from anywhere.  I love them and can't imagine working without mine.

Ashley: Even if we leave a business partner in charge at home, I like to be in touch and reachable

Julissa: I can only hope that the next invention makes my life even more portable and convenient!

Deborah: I love having a business that travels with me.  Although I would still like to figure out why my business goes nuts whenever I'm leaving town!! 

Edward & Celia: The ease of the Internet has made transactions so much easier for everyone involved

Jul 05, 2010 03:38 AM #7
Rainer
60,622
Pam Turner, REALTOR®, e-PRO®, SFR
Century 21 Belk Realtors Dalton GA - Dalton, GA

Technology is great -- but I experience the same thing -- everything goes nuts when I go out of town -- it NEVER fails!!! Hope you were able to enjoy the trip.

Jul 07, 2010 12:59 AM #8
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Rainer
93,559

Lorraine Sayer

Realtor ABR,CDPE,GRI - Colorado Springs,CO RE/MAX
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