Best Electronic Signature Software for Real Estate Agents

Why use electronic signature software for real estate

Too much paperwork can become impossible to manage without a clear system in place. Using electronic signature software removes this issue entirely since it organizes documents for you. Alternatively, if you’d prefer to do this yourself, it’s possible to categorize them into folders within this type of platform.

The switch to modern technology has many advantages besides enhanced organization. With the cost of printing minimized to nothing and reasonable prices offered by e-signature platforms, users can significantly decrease their expenses. As such, whether you’re a freelance agent or an agency owner, your business can save money and time by streamlining the day-to-day work.

Electronic signature platforms are also intuitive. For instance, some programs let you add specified fields for payment collection, alongside the standard signature and stamp fields. It’s also a breeze to track documents, as modifications can be checked through audit trails. Finally, most services either offer real estate forms for you to use, such as lease agreements, or allow you to upload your own.

How to choose an e-signature provider for a real estate company

In terms of accessibility, it’s important to make sure the platform is user-friendly. Furthermore, the software should provide either a mobile app or a mobile-optimized website, as not all signing will take place in the office. By using electronic signature software on a cell phone, you hit two birds with one stone: you don’t have to print the contract, and you can sign on the go with ease.

Going beyond these must-have features, there are other boxes that need to be ticked. For example, the process of sending documents should be logical and straightforward, and users must be able to set up signing orders for multiple recipients. Moreover, it’s handy you’re your clients don’t need an e-signature account, as this saves time and unnecessary administration work.

Naturally, the cost of the software is important as well. While there aren’t significant differences price-wise, companies have a range of subscriptions, which are suited to different types of customers. Therefore, it’s important to weigh up how many users each platform supports under one account in relation to the size of the agency.

A freelancer won’t require unlimited users support, but larger establishments with multiple agents should regard this as a necessity. Figuring out which solution suits you best can be challenging, but reading reviews and comparisons can speed up the process. Additionally, trying the solution for free before committing is always worth considering.

Additional legal tips for real estate agents

When it comes to closing a deal, the devil’s in the details. Documents should be well-organized, so you must have a dedicated space for financial agreements, non-disclosure forms, lease agreements, and more. It’s also handy to have a virtual folder with templates of necessary documents.

As for clients, it could be worthwhile running a background check on both sellers and buyers. This way, you’ll quickly discover if there are any unpaid mortgages lurking or anything similar that would prevent closing the deal.

When it comes to keeping them in the loop, it’s imperative to communicate clearly. This means you should never give false expectations or refrain from delivering bad news. It’s a no-brainer that a client’s interest comes before yours, but it’s also essential not to favor one client over another.

Finally, it’s best to avoid filing fee disputes against any client because they may answer by filing a lawsuit. Defending yourself not only costs more than it’s worth but may also damage your reputation regardless of the result.