It is not uncommon for people to run their business by using smartphone technology and cloud computing. One examples of this shift is electronic signature of contracts taking the place of pen and paper, making deals happen a lot faster than in the past. In residential real estate, electronic signature is the current trend, with 50 percent of the realtors polled using e-signatures at least part of the time. This gives them quicker turnaround and less paperwork associated with purchase agreements and mortgages.
Without e-signatures, landlords, leasing agents, lawyers and assistants have always had to wait to receive the original document to arrive via mail carrier. According to Weingarten, the advantages of using e-signature on electronic document from computer or mobile devices are saving both time and paper. Today, the majority of documents are created electronically but the shift to paper often happens when arriving to the signing stage. Even though e-signature has existed since the mid-1990s, it was a bit before its time, and thus didn’t take off right away. However, with today’s tech boom, we’re sure to start seeing e-signatures more and more often.