More than 100,000 Canadian Realtors will soon be able to use electronic signatures directly from their online forms software, thanks to an agreement between the Canadian Real Estate Association and real estate technology company Instanet Solutions.
CREA, the Canadian equivalent of the National Association of Realtors, has signed an agreement with London, Ontario-based Instanet Solutions to provide e-signatures to its members through the company’s online signing service, Authentisign, sometime in early 2013.
Instanet Solutions and zipForm provider zipLogix have added Fannie Mae offer documents to their form libraries, allowing real estate agents to access offer documents on HomePath properties alongside their local sales contract through the agent’s multiple listing service or Realtor association. Agents and their clients can then sign offer documents electronically and submit the offer through HomePath.com.
Fannie Mae said it expects to work with additional vendors to provide similar paperless services to more real estate professionals across the country, helping avoid errors and sell more HomePath properties — homes repossessed by Fannie Mae loan servicers after going into foreclosure and becoming "real estate owned," or REO.
Metropolitan Regional Information Systems Inc. — a Rockville, Md.-based multiple listing service serving nearly 50,000 Realtors in the mid-Atlantic region — has selected Instanet Solutions to provide electronic signature services to members.
Instanet’s Authentisign digital signature platform is simple to use, and can be integrated into third-party forms and applications already used by MRIS members, said MRIS Chief Marketing Officer John Heithaus in a statement.