Electronic signatures - They are awesome. I've been using them for about 2 years and would prefer to never have to go back to the old fashioned wet signatures with pen and ink.
Just this past week, we had a buyer in Afghanistan, his wife in South Georgia, a seller in North Carolina, a house in Atlanta and 2 Atlanta Real Estate agents in different parts of town. In less than a day, we had clean contracts signed and we are moving on.
When I told the other agent that I would be sending it for signatures electronically, she said that she wasn't set up for that. I explained that she didn't need anything more than an e-mail address and access to the internet on her phone or computer.
Another example where we used electronic signatures was on a short sale with Suntrust. At closing, both the buyer and seller said it was the most efficient transaction they'd ever done. They didn't have to take time out of their busy days to print, sign and scan or fax back a document. Everyone had clean copies of the contract and not once was it printed out, wasting paper and ink.
Electronic signatures are handy for things other than real estate too. My husband and I have signed contracts with contractors and movers using e-signature. It really is quick and easy.
E-signing is the fastest way of doing business. Who has time to stand around waiting on a fax anyway? When the document is signed by the other party, I'm notified on my smart phone, which I can also click to sign on. This is really helpful when I am away from the office out showing property or on my way to a listing appointment or even "gasp" spending time with my family or friends.
Stacks of paper are messy and hard for me to organize. With e-signatures, all my documents are stored online. I don't have to worry about losing the paper or a computer crashing and losing my documents. Now, even my Keller Williams Realty office is paperless and we have e-signing as a benefit of the company. I love that.
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