Realtor Best Practices
“Hello, electronic signatures, good-bye faxes!”
That’s the upshot of Realtor meetings and cont. ed courses I’ve attended the last 2-3 months.
“In With the New . . .”
After years of hype, electronic signatures are finally a reality in the real estate business: they’re secure, legally valid, and — with widespread adoption — increasingly affordable (I just signed up for one year of DocuSign for $164).
At the other extreme (or should I say, “in extremis?”) are faxes, at least for Realtor-to-Realtor communication.
Due to security concerns, faxes are now strictly discouraged; instead, the preferred (and soon, required) way to transit sensitive transaction documents (Purchase Agreement, Addenda, Counter-Offer(s), etc.) is by scanning in and emailing them.
