Do you remember using overnight mail for sending your offers out for signature? And a giant FedEx bill too! It was hundreds of dollars per month, but we justified the bill by saying, "we're saving time AND gas money by not having to drive around to get signatures".
I remember when the FAX machine came out and after a while, every real estate office had one. They used a long roll of thermal paper, which faded after a few weeks. It was soooo cool to hear the phone ring, see the fax connect, and watch an offer come through. Almost like magic! No more driving around to get offers signed. Only problem is that after the offer with its teeny-tiny font was faxed around 3 or 4 times, it was no longer legible.
Next came electronic online signatures. DocuSign led the way for real estate agents, but now many other companies also offer e-signing, such as www.GoPaperless. The best part is that you have a clear and legal signature stamp, it's signed quickly and hassle-free, and the you can actually read the documents because they're still clear and crisp (if every party e-signs).
Have logged onto eSignOnline account and received a free trial account to get documents signed within minutes? Wasn't it easy! No paper, no driving, no mailing, no waiting for contracts in the mail. Life's good when you don't have to deal with paper.
Though electronic signatures are rapidly increasing in use, there are still many who are not yet familiar with this new technology. Perhaps someone has asked you lately...
What is an electronic signature?
An electronic signature is any legally recognized electronic means that indicates that a person adopts and agrees to the contents of an electronic message or electronic contract. An electronic signature is an electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted by a person with the intent to sign the record.
An electronic signature utilizes a mathematical scheme for demonstrating the authenticity of a digital message or document. A valid electronic signature gives a recipient reason to believe that the message was created by a known sender, and that it was not altered in transit. Electronic signatures are used with eSignOnline via the web (click to sign) to capture signatures of clients who are across town, out of town, out of state, out of the country, or just simply anywhere!
Electronic signatures help to establish the following assurances:
Intent: Intent is an important aspect of the e-signature process because it provides the legal "context" for enforceability. The electronic signature process should always provide a "structured online setting" that takes the signer through a series of steps, which make it clear that they are signing a legal document and confirms intent through overt actions, such as creating their signature and applying it to specific locations in the document.
Authenticity: The electronic signature helps to assure that the signer is who he or she claims to be.
Integrity: The electronic signature helps to assure that the content has not been changed or tampered with since it was digitally signed.
Non-repudiation: The electronic signature helps to prove to all parties the origin of the signed content. "Repudiation" refers to the act of a signer's denying any association with the signed content.
We hope you have become better informed about electronic signatures now. We are always here to help and answer any questions you may have.
If you have not yet attended a webinar training to learn how to use eSignOnline, go to GoPaperless support page www.GoPaperless.com.
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