Over the last several years, DocuSign has exploded in popularity within the real estate industry. The company has taken stacks of paper contracts and made them digital - requiring homeowners to sign on the dotted line with an e-signature rather than ink.
It's easy to be skeptical of electronic contracts when it seems like the reports of cyber hacks and stolen information keep increasing. However, systems like DocuSign can be safer than pen and paper.
- DocuSign is trusted by the National Association of REALTORS®. All information is encrypted to guard against hackers, and not even DocuSign employees have access to signers' information.
- Electronically signed documents provide an electronic trail that prevents human error or tampering with contracts.
- DocuSign is compliant with all U.S. security standards and is backed by third-party audits. The company has even sponsored "hacker" events encouraging tech gurus to test their security.
- Electronic signatures are legally binding in the United States thanks to the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act. These documents have and will hold up in court.