Thinking about adding secure and efficient e-Signatures to your current
workflow? Well, quite bluntly, not all vendors offering e-Sign solutions are
the same. Just this week we heard of a REALTOR® that ‘grabbed’ an tablet e-Sign
app off the Internet and actually used this tool on a real estate transaction. When asked about levels of security, tamper evident audit trails, non-repudiation and lenders, Fannie Mae, County Recorders acceptance, etc., blank stare – huh?
As electronic and digital signatures affixed to contracts and agreements continue to gain adoption, seems like everyone is now jumping on the bandwagon. We also read where a Mortgage vendor, now claiming expertise, is offering this solution for Free, huh? Same compliance questions – who has certified or willing to accept these as binding?
When it comes to Real Estate and Mortgages, our 30 year old domain experience has advanced our vision for a complete digital, electronic and paperless real estate and mortgage transaction over the Internet. Having collaborated with Industry experts and pioneers for complete ‘buy-in’ we now enjoy at least a 4-5 year head start and provide the Industry’s ‘Holy Grail’ - a pure electronic end-to-end solution – from opening to closing (and beyond).
In another example, the real estate promissory note is probably the highest liability document any consumer will ever sign (representing the asset and in some residential markets that could translate to a $ 10 million or more risk) yet many so called e-Signed experts have not even approached, no less been certified by, the required compliance agencies, huh?
Not all e-Sign vendors are alike – ask the questions.
WASHINGTON (AP) – Postmaster General Patrick Donahoe warned that the Postal Service is on “the brink of default” as he battles to keep his agency solvent. Without legislation by Sept. 30, the agency “will default on a mandated $5.5 billion payment to the Treasury”, Donahoe told the Senate Homeland Security and Governmental Affairs Committee on Tuesday. Taking a tip from the current administration, “Rule one: Never allow a crisis to go to waste…”
We introduced our ZapSign division this summer to alleviate some of the overwhelming burden shouldered by the USPS. Today, we offer the first Global, eco-friendly and purely automated contract delivery service - first class, registered receipt, round trip, and legally binding e-Signature service in less than 5 minutes (members pay only 99 cents). Send sales agreements, contracts, NDA’s, Applications, HR docs, etc. from anywhere to anywhere, no extra charge. Signing at the airport, on the golf course or while traveling abroad - on your smart phone or tablet – price included..
The Postal Service has lost $7.9 billion in the past two years. It has borrowed money to pay its bills. Mail volume fell 4.5% last year and the Postal Service expects a bigger drop this year.
Most Americans understand that this is not your Daddy’s Postal Service and we’ve known for generations this has got to change. A new USA TODAY/Gallup Poll suggests that most support cutting back mail services — closing post offices, trimming delivery service — rather than raising stamp prices or using taxpayers’ money for a bailout.
Now is the time for all good men (and women) to come to the aid of their country… Don’t Mail it - Zapsign it!
Visionary electronic and digital signature leader offers first patent pending and automated ‘Pay As You Go’ virtual signing station, ZapSign. Now anyone can electronically sign contracts and agreements in minutes, from anywhere to anywhere, without any contractual commitments like similar services require.
Sign up for FREE Membership Today www.zapsign.com
Out of town at a conference today and had the chance to scour the USA Today-seems like I only get to do this when I trip over it while traveling..Anyway, I was amazed at what I found in the headlines and quotes as I traversed the business section:
- Amazon Sells More eBooks than Print
- Linked In Shares Soar On First Day of Trading
- Investors are Willing to Take Chances on Up and Coming Companies
- Businesses Struggle as Shipping Costs Rise
- Some Change Driving Habits as Pain Hits Those Who Can Least Afford it
- Gas Prices Pushes Some Consumers to the Edge
- “It’s painful, it erodes my profits and I’m concerned about the potential for growth”
- “If I can ship the same product, reduce shipping costs, reduce shipping costs and the carbon footprint thing by not using so much fuel that would be huge”
- “Over the next four years we could see $185-$200 a barrel of oil, which translates to a gallon price of $6.00″
Could this provide the catalyst and create the tipping point for e-Signature adoption? It’s made sense to us for more than a decade!
After more than a decade of the passage of the e-Sign Act we’re pleased to announce that the Escrow/Settlement Industry is poised to adopt electronic signature technology into their paper intensive processes. In our recent Escrow Survey an overwhelming majority of respondents (67%) stated that they would be adding e-Signatures to their escrow workflow, contracts and agreements within the next 12 months.
Seems like the rapid acceptance and adoption of electronic signatures by real estate agents, buyers and sellers may be the primary cause for this recent change of priorities. Escrow officers and settlement/closing agents generally carry out the instructions from the principal parties and are not particularly known to be ‘early adopters’. Buyers/Sellers/Borrowers, who are becoming more comfortable with e-Signing upfront purchase and counter offers, instructions and agreements, will now be able to complete their transaction over the Internet (anytime, anyplace-even at the airport on their mobile phone) removing most, if not all, the friction associated with current paper-based processes. No paper, no faxing, no scanning, no expensive overnight FedEx or UPS shipping charges and most importantly, no more chasing down missing documents, pages or signatures!
Removing the stress for all parties, especially the overworked escrow officers and closing agents, will be very much appreciated!