What is UETA and ESIGN?:
We just need to know that, based on if our state has adopted UETA and based on any ways in which they may have modified it, we may be able to use electronic or e-signatures on most of our purchase agreements, contracts, counter offers, etc.
Why even worry about E-signatures?:
There's a better way that provides legally binding signatures without the customer/client having to print the document until it's been signed. No print then fax. Just sign online.
How can they sign documents on the computer screen?:
They can print it after completion (all stickies must be done). They submit it and it comes back to you online and signed. And your copy is printed legibly.
Every step of the process is date and time stamped:
Records like these are great to have if there are questions later as to the timeline of contract acceptance or counter offer signatures. Plus, you receive it right after they do it! No delays that could let another offer come in to cause problems for your buyer.
If both sides are doing it, you'll get that acceptance back from the other side faster too. The process is streamlined and cost effective.
You can't stick your head in the sand in today's high tech world.:
Look into electronic signatures and how they can help you in your real estate practice. They can save time for both you and your clients. There are also benefits to better quality printouts of contract documents. The degrading quality of fax copies is not only annoying, but it can also cause problems if key phrases aren't legible on the printed version a client uses to make a decision or provide a response.


