Real Estate Industry Moves Toward Going Paperless.

By
Real Estate Agent with Berkshire Hathaway HomeServices

No one can argue that, over the last decade, technology has made leaps and bounds. Can anyone remember having to find properties in the filing drawers on 3X5 index cards, or in those old books? We've definitely come a long way and we continue with new and remarkable improvements each year. The new trend, as of late, is going completely paperless! Tools, such as the IPad, are making this possible. Can you imagine how phenomenal this will be when every realtor, title and mortgage professional will use this technology? 

Many savvy agents are already on board with more following suit.  Going completely paperless gives these professionals a greater competitive edge while also saving them tremendous amounts of time and money!  On the other hand, it will also cause tremendous frustration, in the beginning, being forced to deal with the less-digital savvy professionals who have yet to recognize a better, more efficient, way of doing business.

Imagine being in a multiple offer situation and time is of the essence to respond to a counter offer.  Having the ability to send the counter offer digitally to the client (even if your client is on a flight across the country), have the client sign via DocuSign and then digitally sending it back.  The whole process would only take a few minutes to return to the listing agent.  Whereas the other agents having to use the older methods barely had enough time to call their clients.  It could save you the deal! Your

On another note, the most delicate aspect of any transaction is undoubtedly the PAPERWORK and its execution, an aspect commonly overlooked and undervalued by today's buyers and sellers.  We are listing homes, marketing the properties, scheduling inspections, working with lenders to discover financing for our clients, facilitating the opposing agent & client, working with transaction coordinators, dealing with stacks of paperwork... but, such efforts on behalf of our buyers and sellers are commonly overlooked.  Yet, these efforts SCREAM OUT the value of today's agent.

Personally, getting rid of the big filing cabinets that take up such a large portion of office space and storing all files in digital format, is key for me!  Many outside entities offer mass digital file storage for nominal annual fees.  From listing to closing, going paperless is the new hot trend in the real estate industry.  Join us in getting every professional in the business to simplify our lives by going paperless.  GO GREEN!

Linda Secrist - Linda Secrist and Associates - Lisa Herron-McKinney - Whatever They Touch Turns To SOLD!

 

Comments (3)

Dan Edward Phillips
Dan Edward Phillips - Eureka, CA
Realtor and Broker/Owner

Good Morning Linda, great support for an excellent concept.  Thanks for sharing your input.

Jan 27, 2011 09:54 PM
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

I agree going paperless is good and the sooner the better; however, until we have VIRTUAL PROPERTY KEYS, I'll still need a bricks/mortar office with storage area.....I am culling old files at the end of the year for storage!!!

Jan 27, 2011 10:17 PM
Teral McDowell
Referral Patners LLC - Murphy, TX

I agree going paperless would be ideal but I didn't think it was that well received yet. I can remember when health insurance said they were going paperless but we only ended up printing out report after report to work from. It did do away with the file cabinets as reports could be recycled. Good post, Linda.

Jan 28, 2011 02:53 AM