Electronic signatures have been growing in popularity across various industries including real estate. In Alberta, electronic signatures are accepted as part of real estate transactions.
Using highly secure Docusign clients can sign a document using their smart phones, tablets, laptops or computers via their email. No paper. No printers, scanners or faxes needed.
This has become an essential tool in my arsenal for a few reasons:
1. My clients can sign from anywhere/anytime. They will not need to find a printer and then scanner or fax to sign a document. So yes, you can accept a purchase contract while on holiday in Mexico without having to send your personal documents via the hotel front desk. Or you can sign a document at work without having to print anything on the work printer or leave a job site.
2. Documents are returned at high quality vs those that have been faxed a couple of times. Lawyers like legible contracts.
3. It is much faster than the conventional paper and driving. My clients saw a house they loved and drove home to think things through. In the meantime someone else wrote an offer on the house and we had 1 hour to get our own offer in. There was no time to drive there and back so I prepared the documents, we discussed by phone and my clients signed using electronic signatures. We got the offer in and we got the house.
While I still sign most documents face to face, having electronic signatures as an option for my clients is another tool that improves the experience and helps you get things done. We won't miss an important deadline because of a traffic jam.