From the Wires
Real Estate Documents Increase 200% YOY on DocuSign Global Network
By: Business Wire
Nov. 8, 2012 06:00 AM
DocuSign, the official and exclusive eSignature provider to the National Association of REALTORS® (NAR’s) one million members, under the REALTOR Benefits® Program, announced today that use of DocuSign in real estate transactions has tripled over the past 12 months, with real estate professionals and their clients using DocuSign in more than four million documents. In response to this increase in use, DocuSign launched an all-new DocuSign for REALTORS® version of their award winning service—guided by real estate agent, broker and client feedback—with new features including fax out for signature and payments.
DocuSign’s growth in real estate has also been fueled this year by Bank of America accepting DocuSign for short sales and “real estate owned” (REO) transactions for homes owned by a lender following an unsuccessful foreclosure auction, and recent changes to New York law that make DocuSign valid for real estate transactions in New York.
“Everyone at DocuSign is pleased that major banks and government institutions see the value and inevitability of DocuSign electronic signatures,” said Ken Moyle, chief legal officer of DocuSign and chairman of the Electronic Signature and Records Association. “More and more home sellers, buyers, and real estate professionals across the country are turning to DocuSign for the easiest, fastest, most secure way to buy or sell a home.”
“DocuSign cuts out all the time and expense associated with trying to obtain a signature on a document,” said Aaron Wheeler, president and managing broker of Oakville Properties. “In the real estate business, I don’t understand how anyone could operate without DocuSign.”
“It’s great to see DocuSign embraced as the eSignature standard across the real estate industry,” said Dustin Grosse, chief marketing officer at DocuSign. “DocuSign improves the speed and convenience of property transactions while reducing costs and delighting all stakeholders—buyers, sellers, agent and brokers.”
DocuSign’s electronic signature solution helps real estate professionals:
To further support broad acceptance by real estate professionals, DocuSign for REALTORS® offers eSignature with complete features essential to finalizing real estate transactions, including REALTOR® branding. REALTORS® benefit from DocuSign for REALTORS® by paying $60 less than DocuSign for Real Estate, based on annual contract.
Real estate professionals may learn more about DocuSign’s electronic signature solution by visiting DocuSign at the REALTORS® Conference and Expo, November 9 - 12, 2012 in Orlando. DocuSign booth #443 will feature live demonstrations of DocuSign, as well as presentations from real estate gurus Aaron Wheeler of Oakville Properties on November 10 at 11 a.m. and Krisstina Wise of the GoodLife Team at 3 p.m.
NAR members can benefit from DocuSign’s end-of-year offer, saving an additional $50 on DocuSign for REALTORS® through December 15, 2012, enter to win an Apple® iPad® and participate in NAR’s ‘Cash In and Win’ promotion to enter to win $500 daily—all by visiting DocuSign booth #43. Those unable to attend the Orlando event may join a DocuSign-hosted webinar at http://www.docusign.com/products/webinars, or visit www.docusign.com/nar.
About DocuSign Inc.
DocuSign® is the leader in eSignature transaction management and the global standard for eSignature®. Global enterprises, business departments, individual professionals and consumers are standardising on DocuSign, with 60,000 new users joining the DocuSign Global Network every day. Today, that network includes more than 23 million users who have DocuSigned more than 220 million documents in 188 countries. DocuSign is used to accelerate transaction times to increase speed to results, reduce costs, and delight customers across nearly every industry – from financial services, insurance, technology, healthcare, manufacturing, communications, property management and consumer goods, to higher education and others. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.
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