Initial users of a new online e-signature service launched earlier this month by Northwest Multiple Listing Service are praising its features and benefits, the firm reports.
“Authentisign is a client convenience that has given ‘service’ a new meaning,” says Elizabeth Erickson, owner and designated broker at Gallery Homes, LLC in Mukilteo. She started using the new document-signing tool the first day it became available.
According to the company, Erickson’s initial transaction involved a pilot who responded through a mobile device from airports around the world, starting in Colorado and concluding in Norway. “I guess I’m just too old to not be in awe of that!” she confessed, noting it took her about 10 minutes to upload the documents and start the signature process.
Authentisign, a product of Instanet Solutions, is a secure online document-signing service enabling multiple parties to participate and sign documents electronically. The service can be used anytime by registered users to sign documents online, replacing the need for faxing, scanning and emailing, or meeting face-to-face, thereby saving both time and paper.
Joel Semanko, another early user of the service, praised its ease of use. The broker/owner of Semanko Realty Group, LLC in Mount Vernon said he has used it for offers and counteroffers involving local clients as well as buyers from Vancouver, BC and Texas. “My clients love the convenience and user friendliness,” he remarks, noting the dashboard that enables viewing the signing history and progress is very helpful.
Northwest MLS’ latest technology upgrade allows its members and their buyers or sellers to log into a secured website using a specially created identity to access and review contract documents. They then place their electronic signature on the document where required and as prompted by email notifications and “invitations.” After the document routing is complete and every participant has affixed signatures where indicated, all parties receive a final electronic copy of the document with all required signatures.
Authentisign is usable across multiple file types and various platforms, currently including PCs and Macs; tablets may also be used for collecting signatures. The signing service, developed in 2005, is FHA approved, ESIGN compliant, and fully integrated with most Northwest MLS forms.
The service recognizes different types of participants, allowing brokers to choose whether each participant is a signer (buyer or seller), a reviewer (listing broker, selling broker, or attorney), or a recipient of the final signed document (listing firm or selling firm).
For more information, visit http://www.instanetsolutions.com.