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e-Signing - Saving Time, Trees and Energy in a Real Estate Transaction

By
Real Estate Broker/Owner with Cardinal Realty ~ 319-400-0268

Selling a house in Iowa City, Coralville or anywhere else for that matter is a stressful time. I've done it more than a few times myself and it's not a lot of fun.esigning with smartphone + tablet Getting an offer is the best part, but figuring out how to get the documents back to the agent turns what is an exciting time into a nerve wracking ordeal... Enter electronic signatures - A game changer in a real estate transaction.

It wasn't that long ago that our best option was to scan and email documents to clients. Buyers and sellers then printed them off, signed them and hopefully had a scanner to scan them back into their computer to then send them to us. If they didn't have a scanner they needed to run out to a copy shop and find a fax machine. All of this was time consuming, paper wasting and often stressful. (You know how technology never works when you need it and apparently scanners are the worst when it comes to that).

eSigning makes life so much easier. I create the documents on my computer and upload them directly to the docusign eSigning service. They get sent to your email address and a couple of clicks later you're done signing. That's it. That's all there is to it.  If you do your taxes online you probably understand the concept. It's pretty straightforward. The best part is that it's totally mobile. You don't need to sit around waiting to print off documents, you can get on with whatever else you had planned for the day. You can  eSign anywhere, anytime, on whatever device you have that forwards your email to you. Smartphone, tablet, laptop, the choice is yours. As long as you can access your email account you're in business.

My motivation for getting on the eSigning bandwagon was twofold. To save trees and to save time.Save paper + time - esign A pet peeve of mine in the scenario with all the scanning going on was the amount of paper that got trashed AND the amount of time spent creating that trash. I'm all for efficiency and that just wasn't efficient. This year most of the sellers I helped sell their homes in Iowa City and Coralville relocated out of state.  Every one of them commented on how much of a benefit they found eSigning to be. I'd call that a ringing endorsement for electronic signatures!

eSigning is just one of the services I offer to relocating sellers. I'll also "keep an eye" on the house and be your eyes and ears on the ground. If anything needs taking care of I'll co-ordinate that. In short, the chances of you needing to come back to Iowa City either to take care of the house or to sign documents are slim to none. (Unless of course you want to).

Paperless transactions are not quite here yet though, you will need to sign the documents to transfer the property "in person" and overnight them back to me. eSigning does have it's limitations, especially when documents need to be notarized. But $20 for overnight mailing beats buying an air ticket, right?

 

Orginally posted @ Cardinal Realty Iowa City

Posted by

Denise Hamlin, Realtor®

Broker/Owner

CARDINAL Realty, Coralville IA 

Licensed to Sell Real Estate in the State of Iowa

 

Helping Happy Clients Make Smart Choices 

Iowa City Area Real Estate Services

 

Please remember that opinions expressed in my blog are just that - opinions - not fact
For legal or accounting advice please consult with a professional
Although the information provided is deemed reliable, it's not guaranteed

 

Comments(6)

Dr. Stacey-Ann Baugh
Century 21 New Millennium - Upper Marlboro, MD
A doctor who makes house calls.

I love electronic signatures too.  I use so much less paper now.

Aug 18, 2012 02:51 PM
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

It's not just the paper either Stacey. I use much less of that too. It's also the huge amount of time it saves not just me, but also my clients. I wasn't exaggerating. Everyone I've worked with has loved it. 

Aug 18, 2012 02:59 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Morning Denise-Anything that save time and money and is more efficient and is less stressful is a wonderful thing. Happy Sunday

Aug 18, 2012 10:14 PM
Kristen Wheatley
Better Homes & Gardens | The Masiello Group - Brunswick, ME
Supporting Success - Best Job in the World!

LOVE docusign!  You are so right that this is a game changer.  I had one client on field operations in the military who was able to use his smartphone to sign his docs and another in Afghanistan who was able to accept an offer on his home easily.  Your clients are fortunate that you are up on the latest technology and offer this incredible convenience to them.  So many agents are still not using it.

Aug 18, 2012 11:02 PM
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Hi Kristen, I SO agree with you. It is such an incredible convenience for both buyers and sellers, I absolutely don't get why not more agents are using it. I actually never thought about writing a post about it untile my last (out of state) client made me aware of just how much easier eSigning had made the home selling process for her. It occurred to me that what is totally normal and standard procedure for me is a huge deal for my clients and I really need to spread the word about it.

Hi Sharon, Yes,  there are a multitude of reasons why eSigning is a good idea!

Thank you both for stopping by. Have a great week.

Denise

Aug 20, 2012 03:13 AM
Sergio Musetti
Sergio Musetti Apostille Notary Translations - Sacramento, CA
Sacramento Spanish Notary Apostille Translation

Denise,

Real Estate transactions are more paperless than before. I imagine the mortgage industry also will catch up.

I have done in the past electronic notary signings for Flagstar and AMtrust but don't know if there are other lenders doing e-mortgages.  I have my digital Notary seal and I am ready for electronic closings.

 

Sergio Musetti,

Italian/Spanish Sacramento Mobile Notary Signing Agent - Apostille Service, California Mobile Notary Network

Sergio Musetti, Sacramento Mobile Notary Public Signing Agent, Apostille Service, Spanish, Italian, California. www.WestSacramentoNotary.com

 

Sep 25, 2013 11:18 AM