Are you ready for Virtual Notary Signatures?

By
Real Estate Agent with Progressive Realty (Boise Idaho) www.Progressive-Realty.info DB-17066

Years ago, I was discussing Digital Signatures on an online blog when I received a response from Rick Triola, the President and CEO of a company called Settleware.  We had some great talks about the future of Digital Signatures and how slow the world was to accept them even though it was on June 30, 2000 (yes almost 15 years ago) when The Electronic Signatures in Global and National Commerce Act was signed into Federal Law in the United States. 

http://en.wikipedia.org/wiki/Electronic_Signatures_in_Global_and_National_Commerce_Act

 

I find it unsettling that to this day, many banks and mortgage companies do not accept digital signatures while even the IRS will accept your tax returns and send you a tax refund if you are entitled to one with a digtially signed tax return!

We have not completely cured the digital signature dilemna and yet Rick Triola and his staff have taken it to the next level - check out www.NotaryCam.com Their web site has a list of countries that have accepted this technology and list the requirements for it's use (i.e. photo id, passports, etc.)  Check it out:

 

As the owner and broker of Progressive Realty Corporation, I have many clients that are relocating to or away from Boise, Idaho.  I have one seller signing documents in Texas on Monday and another set of clients flying to Hawaii (then possibly to Asia) so I will be working with NotaryCam to make all of our lives a little less stressful during the final stages of a real estate transaction.

Comments (6)

Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Sounds like a promising development that ought to solve a lot of problems. An AR member recently posted a problem she was having with finding a notary overseas who could assist with her with a transaction.

Mar 28, 2015 01:57 AM
Bob Publicover
Publicover Realty Group, inc - Stuart, FL
Thinking outside the box

Nice article Jim.

It's good to see progress however slow it may be.

Mar 28, 2015 02:19 AM
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Yet another step in technology to help everyone work more efficiently. I think this is definitely the future. 

Mar 28, 2015 02:40 AM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

Eric Kodner I saw that blog and posted the link to NotaryCam hoping it will solve their problem. 

 

Mar 28, 2015 03:13 AM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

Thanks Bob & Nicole.  I remember when I met with the CEO of Settleware the parent company that offers the NotaryCam service roughly 3 years ago, he was working toward this objective.  We were discussing the potential opportunity for me to be an outside field rep for his company marketing digital signature solutions.  Ironically, it was a response from an ActiveRain blog that I posted that introduced him to me.

Mar 28, 2015 03:18 AM
marti garaughty
garaughty.com - Montreal, QC
a highly caffeinated creative type...

garaughty, abstract art, graphic design, WordPress consultant

Mar 28, 2015 04:35 AM

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