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E-SIGNATURES now over 10 years old

By
Real Estate Agent with Sun Realty USA, Inc.

 

E-SIGNATURES now over 10 years old!

signatureSince President Clinton signed the ESIGN Act in June 2000 the E-Signature has simplified and expedited interstate and foreign business.   Tom Gonser, Founder and Chief Strategic Officer of Docusign, Inc. stated recently that E-Signatures have had the most effect on real estate transactions.

“Of all the markets, there is one where e-signature technology has had the greatest impact, changing more lives than nearly any other technology—real estate. No other sector has reaped greater rewards than our industry.  Time, money, ink, paper and aggravation are eliminated. And, deals are done faster, better and are more secure when completed electronically than with paper. There is no downside to using e-signature technology.”

 Read the full article here

 

 

 

 

Posted by

Christine R. Sutherland, REALTOR®
Downing-Frye Realty, Inc.  Naples & Bonita Springs, FLORIDA
Phone:          239-465-4525

Website:       http://WonderfulNaples.com
Email:           NaplesNaples@gmail.com

Nancy Fraser
Exit Realty Premier - Massapequa Park, NY
Realtor, Massapequa Homes for Sale 516-729-0278

Technology is wonderful.

Thanks for the post.

Jan 08, 2011 01:38 AM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Christine - While I can't speak for Realtors/agents, but the reason it hasn't caught on in the lending world is that many lenders won't accept e-signatures on loan apps, disclosures or loan docs.

Jan 09, 2011 05:15 PM
Jason M. Keith
Caliber Home Loans - Parker, CO
Equal Housing Lender

Christine, Amazing it's been that long.  By the time Lenders accept e-signatures the rest of the industry will have moved on to the next big technological advancement.

Jan 13, 2011 09:18 AM
James Armstrong
Expert Real Estate Advisors - Mount Dora, FL
I handle everything from contract to closing

As a title professional I wish e-signatures were more widely accepted, it would speed things up and cut down on waste and paper.

Jan 26, 2011 04:58 AM