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Electronic Signatures Yes Or No

Reblogger Roy Kelley
Industry Observer with Retired

Electronic signatures for listing agreements and Sales contracts are fast, save time, keeps an accurate account of the transaction. 

 

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Original content by Margaret Rome Baltimore 410-530-2400 311291

 

 

You call this saving time?

 

Electronic signatures for listing agreements and Sales contracts are fast, save time, keeps an accurate account of the transaction. But is that the way you want to work? And should we be using them all the time?

 

Most of you are going to say a resounding, yes.

 

Of course, we need this technology. It is invaluable with out of town clients, or when the clients are traveling separately or speeding up a transaction. It's impossible not to in our electronic world.

 

But what's missing? What are we giving up?

We have become so busy that we do anything to save time talking and face to face communicating with our clients. Showing our properties and making appointments take too much time. Classes are teaching how to take a new listing in ten minutes.

Electronically we sign documents, set up showing appointments, use smartphones to retrieve the house key.  We use feedback forms to find out how an agent/buyer likes the property. We've even set these forms to answer on a numeric basis. Oh boy, we are saving so much "valuable" time. But what are we missing?

We complain that BIG technology companies are interfering and taking our business away. If the clients can get all this efficiency on line, why the heck do they need us?

 

A two-hour listing appointment, explaining an offer, making my appointments, being at and hearing about the home inspection process, and going over the final closing papers before the actual settlement.

It is not always about saving time. It is about educating the clients, building rapport, and preparing for the "what if's."

It allows bonding and empathy with clients going through the stress of moving. It's selling real estate.

 

We want, demand, and need fast, efficient electronic delivery in the wee hours of the morning. And we use this technology to save clerical time. I'm all for that.

 

What frightens me is hearing a client say, "But I Thought."

Would you like to be informed of each step of the process?

Are you thinking of selling your home?

Call Margaret Rome

 

 

Margaret Rome

 

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Broker-Owner HomeRome Realty 

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Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Roy Kelley yes, to electronic signatures..... that's the way we do it.... 

Feb 25, 2020 03:08 AM
Roy Kelley
Retired - Gaithersburg, MD

Please be sure to leave comments at the original blog by Margaret Rome, Baltimore Maryland

Feb 25, 2020 04:06 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Roy - yes, electronic signatures are great.  I can think of many uses.

Feb 25, 2020 05:44 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Roy Kelley - Personal contact with both buyers and sellers with caution to security and disclaimers about potential scammers,  but yes to electronic signatures. 

Feb 25, 2020 07:46 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Margaret Rome writes thoughtful posts; a great choice for a re-blog, Roy.

Feb 25, 2020 08:07 AM
Roy Kelley
Retired - Gaithersburg, MD

Your feedback is always welcome and is very much appreciated.

Feb 25, 2020 08:47 AM
Krystin Mitchell, CPA CFE
KLSM CPA Firm, PLLC - Houston, TX
Strategic Accounting & Tax Solutions

I appreciate the value of electronic signatures and can also see the value in a face to face with the client to ensure there is a clear understanding and concerns addressed.

Feb 25, 2020 09:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, I missed Margaret's post, but a resounding YES to electronic signatures.  BUT, so many agents just send over the contracts and neglect to decipher them.  The public doesn't know what each paragraph could mean to them.

Feb 25, 2020 09:29 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great reblog. I agree with the electronic signatures. Also, taking the time to educate out customer's is a very important part of the process.

Feb 25, 2020 09:56 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Roy,  it saves so much time as long as the agent explains it to the client, that the only think I worry about.

 

Feb 25, 2020 12:59 PM
Roy Kelley
Retired - Gaithersburg, MD

Make it a habit to post a daily reblog. It is an easy way to pay it forward.

Feb 25, 2020 01:20 PM