I’ve opposed the Fax Machine for a number of years, considering it a Dinosaur of the business industry. I still run across quite a few people that use it and have to be prepared to recieve faxes all the time. I maintain a eFax line from Accessline and receive about 20% of my documents through that method. For the most part, documents are flying around through the Internet (either eMail or File server).
This weekend, I worked with one of my out of state buyers, he didn’t have a fax machine or a scanner and didn’t want to go to Kinkos to do the work, so I set him up on DocuSign. This little service allows me to put PDF files on a file server, mark the spots that need to be signed, initialed, dated, or other information. Takes me about 20 minutes to post the files, mark the spots and send the package off.
On his side, he gets an eMail, registers, picks out his signature and then works through the documents, signing and intialing as needed. All rather easy stuff. And he loves it, he can be anywhere that has internet and take care of documents as needed. No waiting until he gets home or to a fax machine.
I love it because it’s fast, the documents remain legable (unlike a document that has been faxed 4 times), and the turn around it very fast. We were done with the offer in no time at all. The great part is that I can invite several people to sign the documents in a row, so I can send an LSR to the Buyer then the Mortgage Agent to be signed, then if the listing agent wanted, I can forward the Offer directly to the Sellers to sign off. Everyone can work with the documents.
It’s great when not everyone is in the same location, it speeds up the process greatly and my clients really are enjoying it. It’s really the way to go my clients that like to work digitally. They can download the signed copies when they are done for storage. All the more reason why my fax machine isn’t even plugged in anymore (yes it drove my wife nuts once because she was trying to fax one day when I wasn’t home).