Electronic Signatures for 24x7 Real Estate Contracts in San Jose

By
Real Estate Agent with The Papas Group (DRE #01766524)

 

Electronic Signatures for 24x7 Real Estate Contracts in San Jose

The days of “business hours” in real estate are long over. We live in a 24x7 connected world. We entertain ourselves, work, buy and sell, at any hour of the day or night.
Silicon Valley
Here is a scenario: Trevor and Jennifer are early 30-somethings working in high-tech Silicon Valley.  Trevor is a chip designer at a large silicon fabrication plant in Santa Clara. Jennifer is a software engineer at a start-up working long and odd hours. The long hours have paid off: her company was just bought by a larger communications firm and she received an equity payment and some stock.

cashThe couple has a modest amount of cash to afford a down payment on a house of their own and have been searching for a starter house. They’ve been reading many blog posts online educating themselves about the home buying process and found a lender to get qualified and know how much they can afford. They connect with a tech-savvy agent online to help them. The search is on!

A house is found that needs some work, but not too much - they believe they can manage it over the course of a couple of years. They call their agent, who is 20 miles away, to request an offer be written. The agent gets the property address, finds the listing in the MLS, plugs the info into his laptop and sends the offer package to their online electronic document locker which then notifies both Trevor and Jennifer their offer is ready for review and signature.


cafeTrevor and Jennifer decided to visit a local coffee shop with wi-fi so they could relax with a cup and web-surf while the contract is prepared. Both of their SmartPhones chime at almost the same time as the online electronic document locker notification email arrives with the URL for their contracts. Jennifer fires up her Macbook Pro and logs in to the electronic document locker. They read the contract documents and decide everything looks good. Jennifer applies her digital signature to each document and logs out. Trever logs in to the electronic document locker, applies his digital signature, and logs out.

As soon as Trevor completes his digital signature, the electronic document locker notifies their agent that all signatures are complete. The agent logs in to the electronic document locker, reviews the documents one last time then sends them to the listing agent and the offer is off and running. The listing agent is notified of a contract waiting for the seller. The agent logs in to the electronic document locker and forwards the offer to the seller for review.

Is all this a fantasy? No! These tools are available right now and in use today. Is every agent using electronic signatures and electronic document lockers? Again, no.

If you need an agent to represent you who uses state-of-the-art digital signatures and electronic document lockers, call me today so we can get it done. You can electronically sign contracts and critical documents any time of day or night 24x7 wherever you are. All you need is your laptop and an Internet connection then you’re good to go!

digital signatures

 

Comments (7)

MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

How many of your clients are using this now?

Feb 08, 2011 07:47 PM
Paul Caloca
The Papas Group (DRE #01766524) - Scotts Valley, CA

I used this process on my last transaction. I'm updating my processes now to make it more fluid for bith Buy side and Seller side.

Feb 09, 2011 05:11 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

I have been using DocuSign for a while, but now we have a free version through CAR.  Great news.

Feb 09, 2011 05:26 AM
Paul Caloca
The Papas Group (DRE #01766524) - Scotts Valley, CA

Jane: using zipforms from CAR, we can integrate DocuSign and zip logix Digital Ink which allows to choose which tool to use, speed up our response time, and increase accuracy and security. 

Feb 09, 2011 05:34 AM
Pat Haddad, ABR, CRS, ePRO, GRI
Keller Williams Indianapolis Metro NE - Carmel, IN
Carmel, Fishers, Westfield IN Real Estate Expert

Paul--It is almost too easy, isn't it?  So glad I did not sell real estate when agents had to drive from office to office to pick up and return keys.  We are so spoiled!

Feb 17, 2011 03:05 PM
Krista Abshure
Fathom Realty - Fuquay Varina, NC

I am getting ready to make a decision on a digital signature company?  Do you have any advice regarding one particular brand over anoter?  I can't wait to get started with it!!

Mar 24, 2011 02:17 PM
Paul Caloca
The Papas Group (DRE #01766524) - Scotts Valley, CA

We use two in California: DocuSign and Ziplogic Digital Ink. Both are integrated into our California Association of Realtors (CAR) software so we can choose as needed. Digital Ink is free to CAR memebrs and DocuSign is an alternative too. I belive DocuSign is connected with NAR to.

Check them out and see which fit best for you.

Mar 25, 2011 06:43 AM