{"id":34371,"date":"2019-11-11T14:16:35","date_gmt":"2019-11-11T19:16:35","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=34371"},"modified":"2024-12-30T11:03:29","modified_gmt":"2024-12-30T16:03:29","slug":"sign-documents-online","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/sign-documents-online\/","title":{"rendered":"Seven Benefits of Having Clients Sign Documents Online Before a Closing"},"content":{"rendered":"\n

For generations, the closing\nday meant signing seemingly endless documents to finalize the deal. Now\nreal estate agents have access to cutting-edge tools that help save time and\neffort. The days of having a sore writer’s hand after closing are over.\nDiscover seven benefits of having clients sign\ndocuments online before a closing.<\/p>\n\n\n\n

Review the Terms<\/h4>\n\n\n\n

Buyers sign a myriad of documents to secure a\nmortgage loan and purchase a home. Some of these essential documents include a\npromissory note, mortgage, and deed of trust, initial escrow disclosure, and an\narray of supporting papers. Generating the paperwork digitally allows the\nparties to review the terms and necessary information for total accuracy\ncarefully.<\/p>\n\n\n\n

Signors should make sure all names, social security\nnumbers, and addresses are accurate. Help your clients verify important terms\nsuch as the amount owed on the mortgage loan<\/a>, the interest rate, inclusions\nand exclusions, rights and responsibilities, and the money to be held in escrow\nfor the closing day. Any questions or\ninaccuracies can be addressed before everyone gets to the closing table.<\/p>\n\n\n\n

Reduce Closing Time<\/h4>\n\n\n\n

Experienced real estate agents remember when it took\nhours to close on a property. Sitting down to complete the paperwork often took\nup to three hours. Buyers expect their agents to be present, which means\nenduring the lengthy process to seal the deal. Having clients sign documents\nonline can save everyone hours of time spent shuffling through paperwork to\nfind the signature lines.<\/p>\n\n\n\n

Clients might be able to sign all or part of the\ndocumentation before closing<\/a>. Work with the other parties to\ncomplete as much paperwork as possible ahead of time. Verify the email address\nof your clients, and follow-up to make sure they receive all the papers to be\nsigned. Be prepared to answer questions to keep the process moving forward.<\/p>\n\n\n\n

Eliminate Rush Preparation and Delivery<\/h4>\n\n\n\n

Each real estate deal follows its own unique\ntimeline. While an agent can make reasonably accurate estimates about timing,\nthere are always variables to consider. One of them is preparing revised\npaperwork for the approval of all parties. In days gone by, an expensive\ncourier was the best way to handle rush jobs.<\/p>\n\n\n\n

With the advent of technology, offices started\nfaxing revisions, but often this was unreliable. Missing pages left gaps in the\nprocess. Handling rush preparation and delivery online costs less money and\ntakes a fraction of the time to complete. In minutes, updated paperwork can be\nreceived, processed, and signed.<\/p>\n\n\n\n

Minimize Closing Day Paperwork<\/h4>\n\n\n\n

Heavy briefcases, endless sticky notes, and a large\ntable to organized piles of documents were once an integral part of closing\nday. Agents, attorneys, and clients all got ready to process hundreds of pages\nin as little time as possible. By the end of the day, the buyers had tired\nhands from writing their names so often.<\/p>\n\n\n\n

Having clients sign documents online minimizes the\namount of paperwork needed at closing. Everyone has an opportunity to read and\nunderstand what they are signing. Documents are signed in a secure online\nenvironment to keep the process streamlined and organized. Instead of keeping\nup with a paper chase, everything is put together with the highest level of\nefficiency.<\/p>\n\n\n\n

Ensure Compliance<\/h4>\n\n\n\n

Compliance is crucial to close on a property\nlegitimately. All regulations must be followed for a valid transfer of\nproperty. Maintaining paper files leaves room for errors. Papers can be lost,\naltered, overlooked, and inaccurately completed. Outdated documentation might\nneed to be redone and refiled.<\/p>\n\n\n\n

Digital documents are readily accessible to be\nreviewed by all parties at their leisure. As a result, no details are\noverlooked. Online files are well-organized so all parties can check the\ndocuments with just a few clicks. Minor corrections can be done on-the-spot.\nMore detailed revisions take hours to finish rather than days or weeks.<\/p>\n\n\n\n

Handle Business On-the-Go<\/h4>\n\n\n\n

Successful real estate agents are often\nmulti-tasking to stay on track. Handling business on-the-go helps agents save\ntime and become more profitable. Online closing documents are accessible\nanytime and anywhere. An agent can quickly review revisions while attending an\nopen house for another potential client.<\/p>\n\n\n\n

Plus, everyone else benefits from having closing\npaperwork available on the cloud. Attorneys, buyers, and sellers can all access\nthe documents from any device and location in real-time. This level of\ncommunication can help finalize a deal in less time than expected.<\/p>\n\n\n\n

Closing Without Being Present<\/h4>\n\n\n\n

One of the most notable benefits of having clients sign documents online is they may not need to be\npresent at a physical closing. Nearly all countries deem e-signatures on real\nestate documents to be legally binding. People who are out of the state or live\nin another country can close on a property without traveling.<\/p>\n\n\n\n

National and international clients save time and\nmoney by signing closing documents online. Plus, the closing can be scheduled\nwithout coordinating several schedules and thinking about travel delays. Now\ndeals made from afar can close as quickly as local ones. Even if the clients\nare not present, agents should send a small housewarming gift to stay in touch.\nAffiliated Better Homes and Gardens\u00ae Real Estate agents can choose from all\ntypes of high-end, branded swag<\/a> to remind the clients who make\nthe deal possible.\n\nThe way agents approach closing day has changed dramatically over the past few\nyears. Explain to clients the advantages of signing documents online before the\nbig day arrives. Everyone will be grateful when they don’t have to spend all\nday at the closing table. And, real estate agents who exceed their clients’\nexpectations are sure to get more referrals.\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"

The pros at Better Homes and Gardens\u00ae Real Estate share the seven benefits of having clients sign documents online before the closing day to save time & boost efficiency.<\/p>\n","protected":false},"author":181,"featured_media":34381,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,171,181,261],"tags":[1321,5651,8231,39311],"class_list":["post-34371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage-operations","category-productivity-2","category-real-estate","category-technology","tag-agent-tips","tag-broker-tips","tag-closing-day","tag-sign-documents-online"],"yoast_head":"\nSign Documents Online | Better Homes and Gardens\u00ae Real Estate<\/title>\n<meta name=\"description\" content=\"The pros at Better Homes and Gardens\u00ae Real Estate share the seven benefits of having clients sign documents online before the closing day to save time 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