Industry News

Brokers, agents, recorders key to paperless transaction

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The power to make the paperless real estate transaction a reality is in the hands of real estate brokers, agents and county recorders, according to panelists in an Inman News audio conference on the subject Wednesday. "On the front end, in terms of the real estate side, there is no barrier to entry. It's legal, it's valid, it's being practiced today," said Dan Tealdi, chief executive officer of Criterion's REDTablet, a tablet PC company. "We need to see county recorders adopt technology on the title side." While fellow panelist Brad Dick, senior vice president of document storage firm Zodas, agreed, the third panelist on the "Paperless Real Estate Transaction" online conference went one step further. "I'd amplify what the two gentlemen said," commented Court Lorenzini, chief executive officer of digital signature company DocuSign. "It's a business decision that is available today. The county recorder is falling in line quickly. Even the mortgage and brokerage side is falling away. It ...