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Authentisign™ Digital Signatures in the Real Estate Mainstream

January 11 2011

Instanet solutions logoAtlanta, GA – December 31, 2010 – More than 10 years ago, the ESIGN law was enacted when U.S. President Clinton signed the E-Signature bill giving the same legal validity to an electronic signature as a signature in pen and ink. As REALTORS® and consumers become increasingly comfortable with the security and authenticity of digital signatures, MLSs and Associations are embracing this technology. Today several such organizations have taken a leadership position in the industry providing digital signatures as a benefit to their members.

Instanet Solutions announced today that Authentisign™, an integrated digital signature platform, has been selected as the product-of-choice for more than 50,000 REALTORS®. These REALTORS® include members of the Central Virginia Regional MLS (CVRMLS), Georgia MLS (GAMLS), REALTOR® Association of Ft. Lauderdale (RAGFL), and the San Francisco Association of REALTORS® (SFAR). In each organization, Instanet is providing a single, integrated system that provides seamless access to Authentisign right from the software with which members are already familiar.

Richard Boone, CEO of GAMLS, said “Our organization made this choice as a means to streamline the business of our members while providing them with a secure electronic audit trail for every activity - from listing to closure. It put us in a great leadership position in a competitive market, as well. We know the enhanced Authentisign service from Instanet will streamline transaction management for our members, helping them to be much more productive and ultimately make more money.”

“We're always looking to "raise the bar" of professionalism of the industry in our area”, said CVRMLS CEO Laura Lafayette. “We believe that digital signatures will allow us to do just that. And, of course, we knew we'd have no better partner in this endeavor than Instanet Solutions. We've utilized Instanet as our vendor for electronic forms for many years and they've been a great partner. Partnering with Instanet to bring our members document storage and electronic signature capability was a natural fit.”

“We are excited to add Authentisign in these key real estate markets. This tool makes it very easy and fast for REALTORS® to manage their real estate transactions from beginning-to-end,” according to Martin Scrocchi, Instanet Solutions CEO. “Instanet is tightly integrated with the local MLS and public records systems, in addition to real estate forms and document/transaction management software already being used. Translated, Agents can quickly create a package of contract documents which are automatically populated with detailed property data, share them electronically and securely with their clients, then sign them with an ESIGN- compliant tool. No need to log into three or more disparate systems. The idea is to truly make the entire real estate transaction easy for the Agent and with far less paper.”

About Instanet Solutions:

Instanet Solutions is a leading provider of real estate technology with approximately 390,000 licensed, paid, user accounts of their various real estate focused products - InstanetForms™, TransactionDesk™, DocBox™, DocBox2Go™, InstanetFax™ and Authentisign™. Instanet Solutions began delivering residential real estate technology in 1992.

To learn more about Instanet Solutions, please click here.