Working with a Paperless Realtor is way easier, whether you’re the buyer or seller. It improves the likelihood of a successful transaction, saves you (as the client) time, and speeds up the process. It also results in far better (electronic) record keeping and enables much easier access to information.
Here’s an example.
I recently had a client couple walk through a new listing and say to me “This is the one. We want to make an offer”. Within twenty minutes, we had written up the offer online, I had sent it to them for signature, and they had signed it electronically, and they had been automatically emailed their own copy of the signed agreements. I called the listing agent to register the signed offer and we set an appointment to present it. We got our offer in before anyone else, and quickly bought the house in a very competitive spring market. By working this way, we made it easier for everyone – the buyers, the sellers and the listing agent. Sellers and their real estate agents love to work with buyers that make it easy.
In this day and age, all realtors should be FULLY paperless, but over 95% of them still rely heavily on paper. They physically store listing paperwork, they keep paper files in physical filing cabinets in their office, they call their “secretary” to look up old listings, old offers, etc. Paper slows down the buying and selling of a house, it slows down the realtor in responding to the client’s requests, and it reduces the client’s confidence that they will be protected. And all that managing paper is just not necessary.
If you’re considering working with a realtor to help you buy or sell a home, here’s a simple test for evaluating whether a realtor is paperless or not: Ask them to show you, on their phone, the following:
- The electronic file folder where they will keep your property’s records as they are created (they will have set up a place to store for your property all contractual agreements and property details (surveys, listings, photos, videos etc.)).
- The electronic documents associated with one of their sold listings from last year, without showing you the client’s name (this will demonstrate how well your contracts and property information will be managed).
- Ask them to scan one of the documents pertaining to your home – like a survey or a list of renovations. And then ask them to show you where they store that scanned image.
- Ask them to explain how their system for electronic signatures works.
Pick a paperless realtor, like The Linda Maguire Team – it will speed up your Burlington, Ontario real estate buying or selling process, improve your potential for success and rid you of the responsibility of managing all those records.