If you are a real estate dealer and want to close the deals in minutes, you are at the right spot to address your issue. Musing aside, the facts confirm that closing a real estate deal is an uphill task that can be a long journey.
So, spending time in the end in preparing the contracts can be harmful that sometimes become a cause of cancellation. More importantly, the real estate agents need to manage paperwork more efficiently, as the workload can be difficult to manage, and with that, accuracy is also a must.
In some states, you need more than 180 sheets of paper to close the contract. Therefore, more than 82% of the property firms in the United States have shifted their operations to digitization by using the electronic signature app in their organizations.
Why is an electronic signature app necessary for real estate paperwork?
As described earlier, real estate paperwork can be hectic and problematic, and agencies spend weeks in closing these documents. And when we look around currently where the Covid-19 Pandemic has been affecting the routine matters drastically, this process can take months to complete.
So, how can you improve your paperwork? Well, the only solution is by using E-signature online services.
Why does real estate paperwork take time in closing?
Well, it is necessary to get you involved in multiple approval processes. The reason is that you need to involve stakeholders like buyers, sellers, government officials, banks, and many others.
More importantly, it is also necessary to follow the processing of the signature to get authentic approval.
It is also the possibility that some of the stakeholders have changed their minds.
The legal advisors or government officials are changed, or any of the members is not available. In this situation, delays are obvious.
In this scenario, electronic signature solutions jump in to make the whole process smooth and hassle-free.
How does E-signature online service work? Let us explore it!
Electronic signature helps you get signed from all stakeholders without worrying about their location.
It means that there is no need to be available physically or send the document through courier services for getting a signature.
With online services, all the stakeholders can sign the documents and complete them well before the expected time.
You do not need to type the entire contract before going for signing and approval. The reason is the availability of repurposing contract templates.
In this way, you only need to get the documents online, customize them according to your requirements, and start the approval process.
Streamlining of paperwork is another feature that digital signature solutions offer to their clients. It becomes crucial when multiple stakeholders need to be involved in closing the real estate contract.
Here, the system helps you set a signing workflow. In this way, you can set the priority of the signing process and get approvals in a parallel or serial wise.
E Signature Online DocSign Pro
You can get the information about the signing time, the authenticity of the signature and location to make the contracts authentic and legitimate to avoid any future legal conflict.
The electronic signature solutions also have the feature of sending automated reminders to get approval from multiple individuals.
When any of the signatories do not complete the process, these solutions send automatic reminders.
In this way, the real estate agents can speed up the process of closing the contracts.
Tracking is a huge plus of electronic signature that real estate agencies avail to keep an eye on delivery, receipt, and document acknowledgment.
In this way, opening and closing the documents to understand what is going is not necessary.
As all the signatories get the notifications and reminders online, so all are on the same page. In this way, you can keep all the stakeholders on toes and avoid missing signature.
Therefore, we recommend real estate firms to incorporate this system and help close the contracts within days that have been a time-taking task for decades.