Do you hate fax machines as much as I do? I got rid of my fax machine about 2 years ago but unfortunately they are still very common among real estate agents, at least in my market. As a real estate appraiser, part of my job is to analyze the sales contract. I have to report the sales price, date of contract, and closing costs on each real estate appraisal I complete for a house that is under contract.
Some of my clients will not accept my appraisal if I mark that I have not viewed the contract. This can be a problem because I might not receive a copy of the contract with my appraisal order. A lot of times, it is easier and quicker to obtain of copy of the sales contract from the realtor rather than my client. Regardless of where I get the contract, a lot of times the contract has been faxed at least once. The problem with fax machines is that the sales contract can be very hard to read after it has been faxed several times. Recently, I have had more realtors email me a signed copy of the real estate contract. Is the end of the fax machine near? I hope so.
TechCrunch is reporting that DocuSign raised $2 Million for E-eignature software.
DocuSign is seeing increased traction of its technology in the commercial and residential real estate spaces. Rather than driving across town to get a signature or forcing their clients to find a fax machine, real estate professionals use DocuSign to execute agreements with buyers and sellers electronically, eliminating the old process of printing, faxing, and waiting for the return fax.
I sign my name electronically almost every time I use my credit card or sign for a package from UPS or FedEx. Why not use an electronic signature for real estate contracts? DocuSign sounds like a great solution for real estate professionals.
Posted by Bryan McDonald (Follow him on Twitter)
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fax machines stink, I think texting is the fax equivalent of the handheld communication relm – i.e. a bridge solution that many adopt because it is easy to learn rather than the more robust solution of digital communication
Yes, it’s over. We began using Vonage VOIP in early 2004 with our faxes being received as email pdf in our email inbox. In 2005, during Hurricane Katrina, we had some clients still using our local fax number and some using our Vonage fax #. In Baton Rouge, we were out of electricity for 6 days and missed some appraisal orders because of this disaster. But, when I we finally connected to Cox internet, our appraisal orders sent to our Vonage # were there. We very quickly got rid of our local Fax # and only rely on Vonage and online appraisal ordering. Bill
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