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REALTORS® Set All-Time Record Using Electronic Signature Software to Sell Homes

April 07 2014

London, Ontario – April 4, 2014 – Authentisign usage is accelerating at a blistering pace into the Spring selling season across North America. Instanet Solutions reported that an all-time record number of residential real estate transactions in March were executed using its ESIGN-compliant Authentisign service. According to Q1 2014 usage statistics announced today, there was a 73% increase in the number of signings created compared to Q1 2013 with nearly 300,000 signings generated in March alone. The utilization numbers reveal the exponential growth of Authentisign-based electronic signatures in real estate over the last several years with no sign of slowing down as real estate markets continue their recovery.

Real Estate professionals are embracing technologies that help list and sell houses faster and more efficiently. Electronically signing housing contracts is now the fastest growing software application in the sector, as more and more REALTORS® are adding e-Signing as a “must have” feature to their real estate practices.

“More and more REALTOR® Associations, large brokerages and MLSs contact us about offering e-signatures as a core-benefit,” according to Martin Scrocchi, President and CEO of Instanet Solutions, the parent company of Authentisign. “The growth of this technology is completely market-driven, because brokers, agents, and their customers want to have the convenience and ease of e-signature solutions while also knowing they are using a secure system that does not share, take ownership of or sell information input to “third parties.” Most importantly, users and consumers need to be able to sign and close deals fast, confidentially and securely. That's exactly what Authentisign does.”

Vice President of Sales and Marketing Steve Mapes added, “Authentisign allows users to access a secure website using a specially created identity to access and review contract documents. They simply click to legally and securely sign documents when “invited” through email. After everyone has signed they automatically receive a final executed document with all required signatures.”

“What makes Authentisign unique is that it can be completely integrated with their standardized real estate forms and contracts,” continued Mapes. “If an agent is using our forms software, Instanet Forms, they don't have to create signing blocks every time they start a new deal. Using Authentisign's unique auto-fill template feature there is no faster way to create, distribute and esign documents, anywhere.”

Electronic signatures have been legal since 2000 when Congress enacted the Electronic Signatures in Global and National Commerce Act (“ESIGN”) and was signed into law by President Clinton. About Instanet Solutions: Instanet Solutions is a leading provider of real estate technology with over 400,000 licensed, paid user accounts of their various real estate focused products – Instanet Forms™, TransactionDesk™, DocBox™, DocBox2Go™, InstanetFax™, Authentisign™ and Authentisign2Go™. Instanet Solutions began delivering residential real estate technology in 1992.

About Instanet Solutions

Instanet Solutions is a leading provider of real estate technology with over 400,000 licensed, paid user accounts of their various real estate focused products – Instanet Forms™, TransactionDesk™, DocBox™, DocBox2Go™,  InstanetFax™, Authentisign™ and Authentisign2Go™. Instanet Solutions began delivering residential real estate technology in 1992.

Instanet Solutions services have processed more than 160 million pages of electronic documents just since 2009 and have saved millions of pages of paper. Instanet Solutions continues to lead the industry in promoting and developing paperless real estate technologies. Further information about Instanet Solutions and its services can be found at at http://www.instanetsolutions.com.

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